Looking to enhance your investment portfolio with rental property? This sturdy 2-unit brick duplex situated on the west side of Morris, conveniently close to grade and high schools, presents an excellent opportunity. Whether you choose to rent out both units or reside in one while leasing the other to offset the mortgage, this property offers versatility. Featuring a maintenance-free All-Brick exterior, each unit comprises 3 bedrooms, comes equipped with appliances, gas-forced heat, central A/C, in-unit laundry facilities, and a concrete patio area. The spacious backyard adorned with numerous trees provides ample shade, complemented by a shed for housing lawn equipment and other necessities. Tenants are responsible for all utilities. Notably, the tenant in Unit 1024 has resided there for approximately 15 years and is interested in continuing their lease, currently secured until April 2025.
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The average household income in
Morris, IL
grew
from
$56,152
to
$56,181
in the past year. This data is an estimate based upon
5,990
households in
Morris, IL. The chart below presents how household income is distributed in
Morris, IL
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Morris, IL
compared to median property taxes around the country. The prevalent amount of property taxes in
Morris, IL
equals
$3k+
, which is
more
than the national average.