316-318 Liberty Street
$980,000
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Description
The Gebhard Building - A Historic Gem in Downtown Morris, IL! Built in 1885 by Louis Gerhard, founder of Gerhard Brewery, the Gebhard Building is a timeless landmark located in the heart of the Morris Downtown Historic District. Spanning approximately 15,000 square feet across three floors, this property blends historic charm with modern amenities, making it an excellent investment opportunity. The building features a diverse mix of long-term tenants, including 7 commercial and office spaces and...The Gebhard Building - A Historic Gem in Downtown Morris, IL! Built in 1885 by Louis Gerhard, founder of Gerhard Brewery, the Gebhard Building is a timeless landmark located in the heart of the Morris Downtown Historic District. Spanning approximately 15,000 square feet across three floors, this property blends historic charm with modern amenities, making it an excellent investment opportunity. The building features a diverse mix of long-term tenants, including 7 commercial and office spaces and 6 residential apartments. It offers flexible use potential, making it ideal for retail, office, or residential rental income. Recent updates ensure the building is well-maintained, preserving its architectural integrity while enhancing functionality. With a prime location in Morris' vibrant downtown, known for its bustling shops, restaurants, and events, the Gebhard Building presents a unique chance to own a piece of local history with reliable cash flow potential. This is a rare opportunity for investors or business owners seeking a historically significant property with established tenants in a thriving community.
- Listed by Tom Wawczak • Century 21 Coleman-Hornsby
Property Details for 316-318 Liberty Street
Area
Morris
TownshipMorris
ZoningCOMMR
LISTING UPDATED: 10/31/2024 12:06 AM
Property Details for 316-318 Liberty Street
Status | Active |
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MLS # | 12191549 |
Days on Market | 82 |
Taxes | $12,031 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1885 |
Lot Size | 0.15 AC / 6,600 SF |
County | Grundy County |
Building Information for 316-318 Liberty Street
Stories3Residences12Year Built1885Lot Size0.15 AC / 6,600 SF
Property Information for 316-318 Liberty Street
Property History for 316-318 Liberty Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 316-318 Liberty Street
This home is within Morris School District 54.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
White Oak Elementary School PublicPK to 5 | ||
Shabbona Middle School Public6 to 8 | ||
Morris Community High School Public9 to 12 | ||
Morris Christian School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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