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402 E Il Route 64 Mount Morris, IL 61054 • Commercial - Industrial • Active

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Description

This 4,400 square foot commercial building offers a solid investment opportunity with durable masonry construction and excellent functionality. Located on high visibility Route 64 in Mt. Morris, the property features five overhead doors, three-phase electric, and an existing smoke and dust removal system, making it well suited for automotive, shop, or light industrial use. Zoned commercial, the building provides flexibility for a wide range of income producing possibilities, including rental space, vehicle or equipment storage, or owner user operations. Strong location, versatile layout, and commercial zoning make this property an attractive option for investors seeking long term value and adaptability.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1970

General Information

County: Ogle
Listed By:
RE/MAX of Rock Valley 815-732-9100
MRED MLS
$190,000
Est. $1,251/mo
Active
SQUARE FEET4,419 MLS#12546831
STATUSActive PROPERTY TYPECommercial - Industrial
TOUR PROPERTY

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Jeff Dellitt
 (563) 343-1028

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402 E Il Route 64, Mount Morris, IL 61054.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $190,000$190,000$190,000
Down Payment $38,000$6,650$47,500
Monthly Mortgage Amount $887$1,089$1,136
Taxes $264$264$264
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$84$0
Monthly Estimated Total $1,251$1,537$1,500

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