420-416 W Jackson Street, Morris, IL 60450

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420-416 W Jackson Street,Morris, IL 60450
$525,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david welter
Office: re/max top properties
MLS#:12531385
Source:MLSNI

Price summary

  • Price:$525,000

About this home

Discover a rare chance to own two spacious multifamily homes 420 (approx. 2,600 sq ft) and 416 (approx. 3,000 sq ft) each configured as two large units for a total of four well-maintained 2-bed, 1-bath apartments. Ideally located just blocks from historic downtown Morris and miles from the I-80/IL-47 interchange, this property offers excellent commuter access and strong tenant appeal. Built in 1920, both buildings have benefited from substantial recent mechanical updates. 420 received a new furnace and A/C in 2025, and 416 received new units in 2021. Both roofs were replaced in 2017 with 50-year shingles. All units offer central heat and A/C, are separately metered besides the water, and tenants pay all utilities. Each unit also includes in-building laundry, with washers and dryers owned by the tenants. 420 has Long-term residents and historically low turnover overall contribute to consistent cash flow and minimal management demands. This is an excellent option for both new investors

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Home facts

  • Year built:1920
  • Listing ID #:12531385
  • Added:8 day(s) ago
  • Updated:December 20, 2025 at 11:58 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1920

Schools

  • High school:Morris Community High School
  • Middle school:Morris Grade School
  • Elementary school:Morris Grade School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Tax amount:$9,896 (2024)
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