555 Michael Drive — Morris, IL 60450
Active
Morris, IL 60450

555 Michael Drive

$495,000
0 beds · 0 baths
Listed at $495,000 2 days on market $1,526/yr taxes
01About this home

Investment Opportunity - Fully Leased Commercial Warehouse in Morris! Investors, take note of this exceptional income-producing property in Morris. This 5,250 sq. ft. warehouse building is currently occupied by a successful CrossFit facility and is fully leased, offering immediate rental income. The building features excellent functionality with (3) 12' x 12' overhead doors and (2) 16' x 14' overhead doors, all equipped with automatic openers. North Unit:** Approximately 23' x 50' with a 12' x 17' mezzanine. **Interior Unit:** Approximately 59' x 50' featuring a mezzanine along the rear wall a half bath, and water heater. **South Unit:** Approximately 23' x 50' with no mezzanine. Each "unit" includes a separate steel service entrance door, providing convenient tenant access. Located with access from Michael Drive behind We Care, this versatile warehouse property offers a strong investment opportunity in a desirable Morris location. Fully rented and generating income-ideal for investors seeking a turnkey commercial asset or 1031 exchange opportunity. Tenant pays Real Property Taxes, Repairs & Maintenance, Water/Sewer, All Utilities, Exterior Maintenance & Trash Collection. Seller pays insurance. Also two small detached storage units that are on month to month lease basis included in the income details provided. PLEASE ABSOLUTELY DO NOT APPROACH THE PROPERTY WITHOUT A SCHEDULED APPOINTMENT. AND PLEASE DO NOT APPROACH THE EXISTING TENANTS.

02Inside the home
03By the numbers
$495,000
List price
Square feet
Bedrooms
Bathrooms
2001
Year built
Lot size
Garage spaces
$1,526
Annual taxes
Mixed Use
Style
2
Days on market
04Features
Cooling
None
Construction
Steel Siding
Sewer
Holding Tank
05Neighborhood
  • Jimmy John's 750 ft
  • McDonald's 0.5 mi
  • Subway 0.5 mi
  • Sherwood Oaks Waffle Cafe 0.6 mi
  • Habenero Grill 0.6 mi
  • DQ Grill & Chill 0.6 mi
  • Casey's General Store 850 ft
  • BP Shop 0.3 mi
  • Jewel-Osco 0.4 mi
  • BP Shop 0.5 mi
  • Circle K 0.5 mi
  • Shell 0.8 mi
  • Lions Park 450 ft
  • Dr. John B. Roth Sr. Memorial Community Ballpark 0.2 mi
  • Goold Park 0.6 mi
  • Goold Park playground 0.7 mi
  • McKinley Playground 0.7 mi
  • Bristol Pointe Park 0.7 mi
  • Brewed Awakenings 0.5 mi
  • Dunkin' 0.9 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 16, 2026
Listed for saleThis listing
Advantage Realty, Inc.
$495,000
Oct 24, 2022
Listed for sale
Ruhl&Ruhl REALTORS Moline · 3102 days on market
$37,500
Nov 27, 2017
Listed for sale
Ruhl&Ruhl REALTORS Moline
$30,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Advantage Realty, Inc. · Anitra Brase
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12654773
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