O'Neil Property Group
Save
Ask
Tour
Hide
Share
$495,000
83 Days On Site

555 Michael Drive
Morris, IL 60450

For Sale|Condominium|Active
0
Beds
0
Total Baths
5,250
SqFt
$94
/SqFt
2001
Built
County:
Grundy
Listing Courtesy of MRED as distributed by MLS Grid of Advantage Realty, Inc.
555 Michael Drive555 Michael Drive555 Michael Drive555 Michael Drive
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$2,258
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$495,000
Days On Site 
83 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,250 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2001
MLS® Number 
12654773
Status 
Active
Property Tax 
$1,525.68
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Number Of Stories 
1
Property Sub Type 
Condominium
Sewer 
Holding Tank
SqFt Total 
5250
Utilities 
Natural Gas AvailableWater Available
Zoning 
WRHSE
Interior Features
Electric 
Circuit Breakers
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Steel Siding
Community Features
MLS Area 
Morris
Township 
Saratoga
Listing Courtesy of MRED as distributed by MLS Grid of Advantage Realty, Inc.



Based on information submitted to the MLS GRID as of 2026-09-07 09:38 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: 2026-09-07 09:38 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share