Are you seeking to expand your portfolio with rental properties? This 2-unit property presents an excellent opportunity, all on one lot. Rent out both units for optimal returns, or reside in one while leasing the other to offset the mortgage. Enjoy the convenience of maintenance-free exteriors and replacement windows in both homes. The front unit features a full basement with a shower, while the rear unit offers parking accessible from the alley and sits on a crawl space. Each unit comes with appliances, gas-forced heat, central A/C, patio areas, and a shed. Tenants are responsible for all utilities. This is an estate sale, being sold As-Is.
Closed
$225,000
723 E Jefferson St, Morris, IL 60450
4beds
--sqft
Multi Family
Built in 1945
-- sqft lot
$262,900 Zestimate®
$--/sqft
$1,144 Estimated rent
Home value
$262,900
$237,000 - $289,000
$1,144/mo
Zestimate® history
Owner options
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$1,144/mo
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$1,144/mo
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$1,657/mo
Est. payment
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$1,657/mo
Est. payment
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List your homeWhat's special
Patio areasReplacement windowsGas - forced heat
Zillow last checked:
Listing updated:
Listing courtesy of:
Jim Maskel, SFR 815-693-0180,
Advantage Realty, Inc.
Bought with:
Jeannie Autry
Leverage Investments, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12026745
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Partial
Property
Parking
- Total spaces: 2
- Parking features: Off Alley, Alley Access, On Site, Owned
Features
- Patio & porch: Patio
Lot
- Size: 5,662 sqft
- Dimensions: 45 X 127
Details
- Additional structures: Shed(s)
- Parcel number: 0503378006
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Morris
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2024 | Sold | $225,000-4.6% |
Source:  MRED as distributed by MLS GRID #12026745 Report a problem | ||
| 7/10/2024 | Pending sale | $235,850 |
Source: MRED as distributed by MLS GRID #12026745 Report a problem | ||
| 6/5/2024 | Contingent | $235,850 |
Source: MRED as distributed by MLS GRID #12026745 Report a problem | ||
| 5/20/2024 | Listed for sale | $235,850 |
Source: MRED as distributed by MLS GRID #12026745 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,326 +5.9% | $54,286 +6.2% |
| 2023 | $4,085 +10.7% | $51,126 +8.4% |
| 2022 | $3,691 +4.3% | $47,155 +5.7% |
| 2021 | $3,539 +1.1% | $44,595 +2.6% |
| 2020 | $3,499 | $43,457 +5.5% |
| 2019 | -- | $41,191 +2% |
| 2018 | $3,247 | $40,392 +5.6% |
| 2017 | $3,247 +6.3% | $38,268 +0.8% |
| 2016 | $3,056 +101.9% | $37,968 +4.2% |
| 2015 | $1,514 +9.5% | $36,448 +2.7% |
| 2014 | $1,382 | $35,496 -3.8% |
| 2013 | $1,382 | $36,910 -6.4% |
| 2012 | -- | $39,450 -15.4% |
| 2009 | $3,261 | $46,630 |
Find assessor info on the county website
Neighborhood: 60450
Nearby schools
GreatSchools rating
- 6/10White Oak Elementary SchoolGrades: PK-5Distance: 2 mi
- 6/10Shabbona Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Morris Community High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Morris Grade School
- Middle: Morris Grade School
- High: Morris Community High School
- District: 54
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$262,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$262,900
- Illinois
- Grundy County
- Morris
- 60450
- 723 E Jefferson St
Nearby cities
Nearby zip codes
Other Morris Topics
