850 E Washington St Morris, IL 60450
Estimated payment $1,546/month
About This Home
Opportunity knocks! This beautifully updated 2-flat features two spacious 2-bedroom, 1-bath units, both refreshed in 2024. Both units are identical floorplan/updates. Whether you're a seasoned investor or just starting to build your portfolio, this property is a smart addition. Located in the heart of Morris, an area known for strong rental demand, this investment offers excellent income potential with low maintenance, turn-key ready.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,869
Year Renovated
- 2024
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x 123.5
Home Design
- Asphalt Roof
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Alley Access
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
Schools
- Morris Grade Elementary And Middle School
- Morris Community High School
Utilities
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,024 | $51,415 | $9,868 | $41,547 |
| 2023 | $3,790 | $48,423 | $9,294 | $39,129 |
| 2022 | $3,495 | $44,662 | $8,572 | $36,090 |
| 2021 | $3,352 | $42,238 | $8,107 | $34,131 |
| 2020 | $3,314 | $41,160 | $7,900 | $33,260 |
| 2019 | $3,124 | $39,014 | $7,488 | $31,526 |
| 2018 | $3,076 | $38,258 | $7,343 | $30,915 |
| 2017 | $2,895 | $36,246 | $6,957 | $29,289 |
| 2016 | $2,867 | $35,961 | $6,902 | $29,059 |
| 2015 | $1,381 | $34,522 | $6,626 | $27,896 |
| 2014 | $1,309 | $33,621 | $6,453 | $27,168 |
| 2013 | $2,661 | $34,960 | $6,710 | $28,250 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | Price Changed | $225,000 | -2.2% | -- |
| 07/16/2025 07/16/25 | For Sale | $230,000 | 0.0% | -- |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $230,000 | 0.0% | -- |
| 05/03/2025 05/03/25 | Pending | -- | -- | -- |
| 04/26/2025 04/26/25 | For Sale | $230,000 | +76.9% | -- |
| 04/25/2023 04/25/23 | Sold | $130,000 | -13.3% | -- |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | For Sale | $149,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Deed | $23,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,000 | New Conventional | |
| Closed | $176,000 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12349020
APN: 05-03-383-019
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