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0 Locust Rd , Morris, IL 60450

$750,000

This 15.54-acre residential development site is located in the Deer Ridge subdivision, Morris, Illinois and minutes from the I-80/Rt 47 interchange. This is a developers/builder's dream scenario. The parcel is the final chapter in this sought after subdivision, offering the chance for quick builds, sales, and closings. The parcel is already designed for approximately 40 single-family residential lots, ensuring a straightforward path to development. A benefit of this parcel is having the necessary utilities conveniently onsite, streamlining the construction process and lowering initial costs. Also, further benefits include entry monuments, green space, retention areas, and a city park already in place saving the next builder significant time and money. This is the ideal setup for builders looking to hit the ground running. Elegant entranceways create a welcoming ambiance for all residents/guests, wide streets with sidewalks on every lot create an easy way for residents to stroll around the subdivision, onsite pond allows for resident fishing, and the neighborhood park creates a place to play and connect with others. The park is walking distance from this parcel and includes a designated walking path, sledding/exercise hill, playground equipment, and 2 baseball fields. As the final phase for Deer Ridge subdivision, this development promises premium living spaces within a well- established and thriving community surrounded by other single-family homes. Residents enjoy easy access to nearby schools, national chain restaurants, shopping, golf, hospital, Walmart, Menards, along with a brand-new YMCA. Minutes away by car is historic downtown Morris which has a vibrant mix of casual restaurants, small local businesses, bars, salons, upscale dining, bike rental, and places to hear live music. Strategically located along I-80 in the far Southwest suburbs of Chicago, this location is home to many new businesses including the Costco distribution center, the Proctor and Gamble distribution center, along with numerous new national restaurants/shops. This is a rare opportunity for builders to make a significant impact in a growing area with extremely low inventory of new homes for buyers to currently choose from. Previous builder completed closings ahead of their schedule as the demand in Morris for new construction is high. For more information, plans, and viewing arrangements contact us today. This property is waiting for a visionary developer to seize the moment and complete the last phase of this thriving subdivision.

Highlights

  • Land
  • 15.54 Acre Lot
  • 23 days on Market

  • Acres
    15.54
  • Utilities
    Water Available, Natural Gas Available, Sewer Connected

  • Area
    Morris
  • County
    Grundy
  • City
    Morris
  • Zip Code
    60450
  • High School
    Morris Community High School
  • Middle School
    Saratoga Elementary School
  • Elementary School
    Saratoga Elementary School

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Frequently Asked Questions

How do I schedule a tour of 0 Locust Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 0 Locust Rd.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 0 Locust Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $750,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Morris, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 0 Locust Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 0 Locust Rd at around $4,328. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 0 Locust Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Grundy County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 0 Locust Rd?

In most cases, yes. Whether 0 Locust Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Morris's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 0 Locust Rd?

We can handle that for you. Our preferred local agent specializes in lands in Morris and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

0 Locust Rd was listed on October 21, 2026, which means it's been on the market for 23 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

0 Locust Rd sits on a 15.54-acre lot, which is 676,922 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Saratoga Elementary School
  • Middle: Saratoga Elementary School
  • High: Morris Community High School

Want to see how these schools compare? Check out our Grundy County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 0 Locust Rd?

The most recent public record shows annual property taxes for 0 Locust Rd were approximately $715. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 0 Locust Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 13, 2026 at 11:56PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12791103