NOT LISTED FOR SALE

551 E 2nd St Flora, IL 62839

Flora Area
Studio
2 Baths
2,624 Sq Ft
0.27 Acre Lot

Sale Details

Date 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

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1947 | Remodeled in 2009

Lot Details

  • 11,761 Sq Ft 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

0.27 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jun 10, 2025
Sold by
Banta Jennifer
Bought by
Seller's Agent
Amy Lee Bailey
AMY LEE REALTY LLC
Buyer's Agent
Amy Lee Bailey
AMY LEE REALTY LLC
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%
Views
142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$41,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $45,000
Closed Schofield Janice $32,800
Previous Owner -- --
Previous Owner Banta Jennifer $20,277
Previous Owner Banta Jennifer $16,601
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: My State MLS

MLS Number: 11261542

APN: 10-25-231-007

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