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    Flora, IL Multifamily Properties for Sale

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    Operating Motel with Expansion Potential
    $450,000
    7,348 SF

    Operating Motel with Expansion Potential

    8290 Old Highway 50, Flora, IL 62839

    Profitable motel on 2.39 acres with living quarters.

    • Strong income‑producing motel business with 15 guest units, a duplex, and a cabin on 2.39 acres.
    • Spacious owner's residence features 2‑3 bedrooms, fireplace, full kitchen, jacuzzi tub, Florida room, and patio.
    • Excellent visibility and easy access on Old Hwy 50, attracting repeat clientele.
    • Includes a large lobby, laundry/supply area, carport, and detached garage.
    • Newer roofs and LED exterior lighting provide updates and cost savings.
    Last Update: Dec 5
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Flora, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Partially Renovated Apartment Complex
    $365,400
    6,530 SF

    Partially Renovated Apartment Complex

    Investment opportunity: partially renovated apartment complex with building materials included.
    223 N Broadway St, Centralia, IL 62801
    View details
    Centralia Duplex: Rehab Opportunity
    Contact for pricing
    Pending

    Centralia Duplex: Rehab Opportunity

    Two single-family homes on one parcel, ideal for investment.
    226 N Lincoln Blvd, Centralia, IL 62801
    View details
    New
    Commercial Building with Apartment Potential
    $125,000

    Commercial Building with Apartment Potential

    Commercial building with apartment and garage, large parking lot.
    200 S Walnut St, Carmi, IL 62821
    View details
    14-Unit Carmi Apartment Complex
    $425,000
    12,600 SF

    14-Unit Carmi Apartment Complex

    Value-add multifamily investment opportunity.
    700 3Rd St, Carmi, IL 62821
    View details

    Flora, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Flora, IL on our real estate platform. These investment opportunities span a total of 104,108 square feet of properties for sale, with an estimated market value of $450,000.

    Prices for multifamily properties in Flora, IL start at $450,000, averaging $450,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Flora, IL

    • 62839

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