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0 Beds
5,250 sqft

$495,000

555 Michael Drive, Morris IL, 60450

Price per sqft$94.29
Built in2001
Property size5,250 sqft
Property typeOther
Listed by Anitra Brase with Advantage Realty, Inc. 815-942-5252

Overview

Active

Listed Jun 16, 2026

Updated 2 weeks ago

Investment Opportunity - Fully Leased Commercial Warehouse in Morris! Investors, take note of this exceptional income-producing property in Morris. This 5,250 sq. ft. warehouse building is currently occupied by a successful CrossFit facility and is fully leased, offering immediate rental income. The building features excellent functionality with (3) 12' x 12' overhead doors and (2) 16' x 14' overhead doors, all equipped with automatic openers. North Unit:** Approximately 23' x 50' with a 12' x 17' mezzanine. **Interior Unit:** Approximately 59' x 50' featuring a mezzanine along the rear wall a half bath, and water heater. **South Unit:** Approximately 23' x 50' with no mezzanine. Each "unit" includes a separate steel service entrance door, providing convenient tenant access. Located with access from Michael Drive behind We Care, this versatile warehouse property offers a strong investment opportunity in a desirable Morris location. Fully rented and generating income-ideal for investors seeking a turnkey commercial asset or 1031 exchange opportunity. Tenant pays Real Property Taxes, Repairs & Maintenance, Water/Sewer, All Utilities, Exterior Maintenance & Trash Collection. Seller pays insurance. Also two small detached storage units that are on month to month lease basis included in the income details provided. PLEASE ABSOLUTELY DO NOT APPROACH THE PROPERTY WITHOUT A SCHEDULED APPOINTMENT. AND PLEASE DO NOT APPROACH THE EXISTING TENANTS.

$3,293/mo

Est. mortgage payment based on a $495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12654773

Interior Features

Bedrooms
0
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$1,526
Tax Frequency
Annually
MLS provider logo

Listed by Anitra Brase with Advantage Realty, Inc. 815-942-5252

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