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555 Michael DriveMorris, IL 60450

Grundy County

$495,000List price
5,250Sq Ft
2001Year built
1Stories
3 months agoOn market

Description

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.

Property Information

Property type
Commercial Sale
Sub-type
Condominium
Year built
2001
Stories
1
Building area
5,250 Sq Ft
Lot size
5,250 Sq Ft
Lot dimensions
50X105
Zoning
WRHSE
Days on market
111
MLS® Listing#
12654773

Property Features

Cooling
None
Construction
Steel Siding
Foundation
Concrete Perimeter
Utilities
Natural Gas Available · Water Available
Sewer
Holding Tank

Financial Details

Annual taxes
$1,526Tax year 2025
Parcel number
0233458003

Directions

Rt 6 To North (right) Union/Michael Drive Light. Driveway to Crossfit Exemplify & Parking Lot located on the Right.

Midwest Real Estate Data logo

Listing Courtesy: Advantage Realty, Inc. - 8159425252

Based on information submitted to the MLS GRID as of 2026-06-16T00:00:00.000Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-06-16T00:00:00.000Z

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