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8290 Old Hwy 50
Flora, IL 62839
FLORA MOTEL · Hospitality Property For Sale · 6,896 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.47 AC
Building Size 6,896 SF
No. Stories 1
Year Built 1949
Corridor Exterior
Zoning C-2 - Neighborhood Commercial District

ABOUT 8290 OLD HWY 50 , FLORA, IL 62839

Amazing Income Potential. MANY Updates have been made!!!! The Flora Motel is currently staying at 85-90% capacity at all times. The property has 16 units in the main part of the motel. Including 3 double rooms all being approx. 12 X15. There is also a Duplex(936 sq ft), and another single unit apartment (320 Sq Ft). All of the main units have a small refrigerator & microwave, tv, bed & accessories, and bathroom. The duplex has 2 larger rooms with the same amenities as the single units, that are small apartments. The Single apartment in the rear also has a kitchen and living room. These are all very well maintained, updated and very clean! In addition to this great property there is approximately 1700 Sq Ft living area for the owner or care takers that has a large living room with fireplace, 2 large bedrooms with large closets, and a large bathroom with jetted tub. The kitchen in the Living area is updated and has tile floor. There is also an enclosed patio area, laundry room facility, attached carport, and detached garage, as well as a storage/workshop room. There is also a fenced area in the backyard. This is a must see and definitely a great opportunity! Just on the Quiet West Side of Flora, IL

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-26-313-002
Land Assessment
$6,814
Improvements Assessment
$26,719
Total Assessment
$33,533
  • Listing ID: 6284390

  • Date on Market: 3/15/2017

  • Last Updated:

  • Address: 8290 Old Hwy 50, Flora, IL 62839

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