Sold
Last Sold Price
12 beds3,720 sqft
1950 E Old Pine Bluff Rd, Morris, IL 60450
Multi FamilyProperty Type
0.47 acresLot Size
1964Year Built
$115/sq ftPrice per sq ft
10 carsParking Spaces

Description

This is your chance to own a unique multi-unit property in the thriving community of Morris, IL. This dual-building property, sprawled over a substantial 0.47-acre lot with a single PIN, offers exceptional income potential and is now available for sale after being owned for over 45 years by the seller. Featuring four rental units, the property includes a side-by-side ranch-style duplex and a side-by-side two-story duplex. Each unit boasts three comfortable bedrooms, an eat-in kitchen, a living room...This is your chance to own a unique multi-unit property in the thriving community of Morris, IL. This dual-building property, sprawled over a substantial 0.47-acre lot with a single PIN, offers exceptional income potential and is now available for sale after being owned for over 45 years by the seller. Featuring four rental units, the property includes a side-by-side ranch-style duplex and a side-by-side two-story duplex. Each unit boasts three comfortable bedrooms, an eat-in kitchen, a living room and a well-appointed bathroom, ensuring spacious living arrangements and strong rental appeal. With current rents significantly below market value - where three-bedroom apartments in Morris rent for $1,250 - there is a considerable upside potential for adjusting rents to match market standards, resulting in enhanced cash flow. Tenants cover all their utility costs, and all are on flexible month-to-month leases, providing new ownership with the agility to adjust operations as needed. The ranch duplex features a durable vinyl exterior, while the two-story duplex combines classic brick with vinyl, offering lasting curb appeal and low maintenance requirements. Situated in a prime location with convenient entrances from both Pine Bluff Rd and Old Pine Bluff Rd, the property ensures both privacy and ease of access for tenants. Attractively priced at just $106,250 per unit, this property presents an exceptional investment opportunity to acquire four income-generating rental units with realistic pathways to significantly boost revenue streams through market adjustments. Please note, due to tenant arrangements, a minimum of 24 hours notice is required to schedule property showings.

    Sold By Coldwell Banker Real Estate Group

    • Listed by: Shawn Hornsby 815.474.6670 shawn.hornsbyc21@gmail.com • Century 21 Coleman-Hornsby
    Listing closed: 03/13/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12563755

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    Property Information for 1950 East Old Pine Bluff Road

    Property Details
    • Taxes: $9,043 / year
    • MLS Type: Two to Four Units / Duplex Side By Side
    • Area: Morris
    • Township: Wauponsee
    • Ownership: Fee Simple
    • Heat/Fuel: Electric
    • Zoning: MULTI
    Building Information
    • Residences: 4
    • Year Built: 1964
    • Lot Size: 0.47 AC / 20,473 SF
    General Information
    School Information
    • Elementary School District: 54
    • Elementary School: Morris Grade School
    • Jr High Middle School: Morris Grade School
    • High School District: 101
    • High School: Morris Community High School
    • Middle Or Junior School District: 54
    Addtl Parking Information
    • Parking Details: Off Street, Driveway, Yes, Owned
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Num Of Rooms: 24
    • Bedrooms Total: 12
    • Bedrooms (Below Grade): 0
    • Basement Type: None
    • Bedrooms Possible: 12
    • Basement Bathrooms: No
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Septic Tank
    • Water: Well
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 61-70 Years
    • Lot Description: Corner Lot
    • Lot Size: .25-.49 Acre
    • Lot Size Source: County Records
    • Lot Dimensions: 232x90x218x80
    • Total # Units in Building: 4.0
    • Other Structures: Shed(s)
    • Waterfront: No
    • Exterior Building Type: Vinyl Siding, Brick
    • Construction: Vinyl Siding, Brick
    • Roof Type: Asphalt
    • Foundation Details: Block, Concrete Perimeter
    • General Information: School Bus Service
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Buyer Financing: Conventional
    • Public Document Count: 2
    • Document Date: 2026-02-12T16:04:15
    • Photos Count: 28
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $700.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: MTM
    Unit 2
    • Unit Type Actual Rent: $650.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: MTM
    Unit 3
    • Unit Type Actual Rent: $675.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Lease Expiration Date: MTM
    Unit 4
    • Unit Type Actual Rent: $600.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 4
    • Lease Expiration Date: MTM

    Property History for 1950 East Old Pine Bluff Road

    DateEvent & SourcePriceAppreciation
    Mar 13, 2026

    Sold

    MRED #12563755

    $426,500—
    Feb 14, 2026

    Pending

    MRED #12563755

    —
    Feb 14, 2026

    Contingent

    MRED #12563755

    —
    DateEvent & SourcePrice
    03/13/2026

    Sold

    MRED #12563755

    $426,500
    02/14/2026

    Pending

    MRED #12563755

    —
    02/14/2026

    Contingent

    MRED #12563755

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 1950 East Old Pine Bluff Road

    This home is within Morris School District 54.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Private - PK to 8
    Rating
    School
    Distance
    Morris Grade School
    PublicPK to 5

    Shabbona Middle School
    Public6 to 8

    Morris Community High School
    Public9 to 12

    Immaculate Conception School
    PrivatePK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Century 21 Coleman-Hornsby

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/14/2026 04:14 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.