316/318 Liberty St

Highlights:

• Annual Tax: $ 12031.0
• Max Contiguous Area: 0.0
• Appliances: Washer
• Bath Features: Tub and Shower
• Heating Type: Forced Air
• Flooring: Wall to Wall Carpet
• Lot Description: Access Type - Road
• Exterior Description: Concrete Block
• Age: Over 50 Years Old
• Heating Fuel Type: Gas
• Road Type: City / Town Street
• Roof: Rubber
• Cooling: Wall Unit A/C
• Sewer: City
• Basement: Partial
• Water: City Water

Description:

The Gebhard Building - A Historic Gem in Downtown Morris, IL! Built in 1885 by Louis Gerhard, founder of Gerhard 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.