$170,000

523 Bedford Rd Morris, IL 60450

Estimated payment $1,313/month

Total Views 1,799
0.32 Acre
$531,250 Price per Acre
13,939 Sq Ft Lot

About This Lot

Price Improvement! This .32-acre property, currently zoned residential and surrounded by commercial properties, offers tremendous potential on high-traffic Route 6. While the building requires significant updates, the location provides excellent exposure and an ideal opportunity for investors, developers, or entrepreneurs. With vision and effort, this site can be transformed into a standout investment in the heart of Morris.

Listing Agent

Brooke Olson

Keller Williams Infinity Brokerage Phone: (815) 343-6365 License #475186243 Listed on: 12/03/2025

Keller Williams Infinity

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,052

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 70x110
  • Additional Parcels

Schools

  • Morris Grade Elementary And Middle School
  • Morris Community High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$5,052

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Gravel
  • General Information: Flood Zone
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (815) 343-6365
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Utilities: Electric to Site, Natural Gas Available

Schools

  • Elementary School: Morris Grade School
  • High School: Morris Community High School
  • Middle/Junior School: Morris Grade School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.32
  • Lot Dimensions: 70X110
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 5051.6
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,876 $62,297 $13,280 $49,017
2023 $4,592 $58,671 $12,507 $46,164
2022 $3,374 $54,115 $11,536 $42,579
2021 $3,189 $51,178 $10,910 $40,268
2020 $3,130 $49,871 $10,631 $39,240
2019 $2,904 $47,271 $10,077 $37,194
2018 $3,244 $46,355 $9,882 $36,473
2017 $3,028 $43,917 $9,362 $34,555
2016 $2,996 $43,573 $9,289 $34,284
2015 $2,785 $41,829 $8,917 $32,912
2014 $2,705 $40,737 $8,684 $32,053
2013 $2,410 $37,660 $9,030 $28,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $170,000 -- $221 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12527032

Midwest Real Estate Data (MRED)

APN: 05-04-202-011