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$425,000
23 Days On Site

1950 E Old Pine Bluff Road
Morris, IL 60450

For Sale|Multi Family|Active Under Contract
12
Beds
4
Total Baths
1964
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
1950 E Old Pine Bluff Road1950 E Old Pine Bluff Road1950 E Old Pine Bluff Road1950 E Old Pine Bluff Road
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This is your chance to own a unique multi-unit property in the thriving community of Morris, IL. This dual-building property, sprawled over a substantial 0.47-acre lot with a single PIN, offers exceptional income potential and is now available for sale after being owned for over 45 years by the seller. Featuring four rental units, the property includes a side-by-side ranch-style duplex and a side-by-side two-story duplex. Each unit boasts three comfortable bedrooms, an eat-in kitchen, a living room and a well-appointed bathroom, ensuring spacious living arrangements and strong rental appeal. With current rents significantly below market value - where three-bedroom apartments in Morris rent for $1,250 - there is a considerable upside potential for adjusting rents to match market standards, resulting in enhanced cash flow. Tenants cover all their utility costs, and all are on flexible month-to-month leases, providing new ownership with the agility to adjust operations as needed. The ranch duplex features a durable vinyl exterior, while the two-story duplex combines classic brick with vinyl, offering lasting curb appeal and low maintenance requirements. Situated in a prime location with convenient entrances from both Pine Bluff Rd and Old Pine Bluff Rd, the property ensures both privacy and ease of access for tenants. Attractively priced at just $106,250 per unit, this property presents an exceptional investment opportunity to acquire four income-generating rental units with realistic pathways to significantly boost revenue streams through market adjustments. Please note, due to tenant arrangements, a minimum of 24 hours notice is required to schedule property showings.

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Listing Snapshot
Price 
$425,000
Days On Site 
23 Days
Bedrooms 
12
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.47 Acres
Year Built 
1964
MLS® Number 
12563755
Status 
Active Under Contract
Property Tax 
$9,042.58
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
3 weeks agoListing first seen on site
General Features
Acres 
0.47
Foundation 
BlockConcrete Perimeter
Parking 
Off StreetDriveway
Parking Spaces 
10
Property Sub Type 
Multi Family
Sewer 
Septic Tank
Water Source 
Well
Zoning 
MULTI
Interior Features
Basement 
None
Heating 
Electric
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Exterior Features
Construction Details 
Vinyl SidingBrick
Lot Features 
Corner Lot
Other Structures 
Shed(s)
Roof 
Asphalt
Community Features
MLS Area 
Morris
School District 
Morris Community High School
Township 
Wauponsee
Schools
School District
Morris Community High School
Elementary School
Morris Grade School
Middle School
Morris Grade School
High School
Morris Community High School
Listing Courtesy of MRED as distributed by MLS Grid of Century 21 Coleman-Hornsby



Based on information submitted to the MLS GRID as of 2026-03-03 03:17 PM 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: 2026-03-03 03:17 PM UTC
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Neighborhood & Commute
Source: Walkscore
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