NOT LISTED FOR SALE

551 E 2nd St Flora, IL 62839

Studio
2 Baths
2,624 Sq Ft
0.27 Acres

Last Sold June 11, 2025

Last sale price $40,000 $15 Per Sq Ft

332 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 2-minute walk to Charley Brown Park
  • Forced Air Zoned Heating and Cooling System

About This Home

As of June 2025

Back on market at NO FAULT of property!!!! Excellent opportunity to own a very well built building with 2 store fronts, double lot, 15+ parking spots, and the possibilities are ENDLESS. This property is located on a high traffic road and has excellent visibility. The original flat roof was updated with trusses and a long life metal roof. The interior of the building that has 2 sides which are connected by a front opening and an office near the rear. With the 2 restrooms this property should meet all of the city ordinances. There is central air conditioning and heat. The building consists of 2 store fronts, an office area, storage areas, workshop area, and much more. This property is zoned residential so a special use permit would need to be retained if putting in a business. Want to convert to a home? With some renovations this would make an adorable and affordable property!

Last Agent to Sell the Property

Amy Lee Bailey

AMY LEE REALTY LLC Listed on: 06/10/2024

Last Buyer's Agent

Amy Lee Bailey

AMY LEE REALTY LLC Listed on: 06/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1947 | Remodeled in 2009

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Home Design

  • 2,624 Sq Ft Home
  • Brick Exterior Construction
  • Metal Roof
  • Masonry Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bathrooms

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

Year Built

Built in 1947 | Remodeled in 2009

Lot Details

0

Listing Details

  • Corner Lot: Yes
  • FloorCarpet: Yes
  • FloorVinyl: Yes
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatACZones: Yes
  • HeatFuelNaturalGas: Yes
  • HeatTypeForcedAir: Yes
  • IsNaturalGasAvailable: Yes
  • LandRentAmount: 0
  • Lot Size Acres: 0.27
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Flora
  • Prop. Type: Residential
  • Renovation Year: 2009
  • ResidentialStyle: Other
  • RoofMetal: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • SidingMasonry: Yes
  • USStateAbbreviation: IL
  • ViewStreet: Yes
  • WaterSourceType: Municipal
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Renovated: 2009

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 2624

Exterior Features

  • Construction Type: Masonry - Brick

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: Flora CUSD 35

Lot Info

  • Number Of Lots: 3

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 800

Tax Info

  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2025 06/15/25 Off Market $42,000 -- --
06/11/2025 06/11/25 Sold $40,000 -4.8% $15 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
07/11/2024 07/11/24 For Sale $42,000 0.0% $16 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $42,000 -- $16 / Sq Ft
Source: My State MLS

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 $758 $9,318 $2,528 $6,790
2023 $786 $9,318 $2,528 $6,790
2022 $799 $8,390 $2,212 $6,178
2021 $744 $8,390 $2,212 $6,178
2020 $717 $8,052 $2,123 $5,929
2019 $722 $8,052 $2,123 $5,929
2018 $706 $7,756 $2,045 $5,711
2017 $719 $7,756 $2,045 $5,711
2016 $725 $7,756 $2,045 $5,711
2015 $743 $7,756 $2,045 $5,711
2013 $715 $7,756 $2,045 $5,711
2012 $673 $7,456 $1,966 $5,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: My State MLS

MLS Number: 11261542

APN: 10-25-231-007