153 Acre Rt 47 Morris Industrial Site

Vacant Land for Sale
Catylist Listing ID: 30038732
Property Subtypes: Agricultural, Industrial
Gross Land Area: 153 Acres
Sale Price: $6,426,000
Unit Price: $42,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

153 acre industrial development site. The property is approximately half a mile north of Interstate 80 at Route 47 (exit 112). Utilities near the site. Route 47 has been improved to four lanes, corner parcel with great frontage on Route 47 and Granville Road. Traffic signal has been installed at the corner. The parcel is just south of the Grundy County fair grounds and the Morris Airport. The airport has a 5008 by 75 foot hard surfaced and lighted runway.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Grundy
Property Visibility: Excellent
Largest Nearby Street: IL Route 47 only half a mile north of Interstate 80, exit 112
Feet of Frontage: 2,630
Highway Access: The parcel is only half a mile north of Interstate 80
Airports: Morris Airport is approximately one mile north on Route 47
Site Description: Level ground with industrial and commercial development on three sides. Excellent highway access with signalized corner.
Area Description: Corner parcel with Route 47 frontage and only half a mile north of Interstate 80.
Lot Frontage: 2,630
Lot Depth: 2,640
Zoning Description: Agriculture
Development Name: 153 Acre 47 Morris Industrial Site
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,016 11,417 14,774
Median Age: 39.34 38.36 38.35
Households: 878 4,511 5,953
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