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$980,000
247 Days On Site

316/318 Liberty Street
Morris, IL 60450

For Sale|Mixed Use|Active Under Contract
0
Beds
0
Total Baths
15,000
SqFt
$65
/SqFt
1885
Built
County:
Grundy
Listing Courtesy of MRED as distributed by MLS Grid of Century 21 Coleman-Hornsby
Call Now: 847.967.0022
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847.967.0022
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The Gebhard Building - A Historic Gem in Downtown Morris, IL! Built in 1885 by Louis Gebhard, founder of Gebhard 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.

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Listing Snapshot
Price 
$980,000
Days On Site 
247 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1885
MLS® Number 
12191549
Status 
Active Under Contract
Property Tax 
$12,031
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active Under Contract
8 months agoListing first seen on site
General Features
Additional Property Use 
Commercial
Foundation 
Concrete PerimeterStone
Number Of Stories 
3
Property Sub Type 
Mixed Use
SqFt Total 
15000
Utilities 
Electricity AvailableNatural Gas Available
Zoning 
COMMR
Interior Features
Cooling 
Central AirWindow Unit(s)
Electric 
Circuit Breakers
Flooring 
Varies
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Exterior Features
Construction Details 
BrickConcreteStoneFrameBlock
Community Features
MLS Area 
Morris
Township 
Morris
Listing Courtesy of MRED as distributed by MLS Grid of Century 21 Coleman-Hornsby



Based on information submitted to the MLS GRID as of 2025-07-01 12:20 AM UTC. 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 checked: 2025-07-01 12:20 AM UTC
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Neighborhood & Commute
Source: Walkscore
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