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    Flora, IL
    Residential Income

    Flora, IL Residential Income Properties for Sale

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    Cisne, IL Clay City, IL Xenia, IL Rinard, IL Noble, IL Olney, IL Salem, IL Fairfield, IL
    Mixed-Use Property with Warehouse Space
    Updated: Aug 10, 2022
    Mixed-Use Property with Warehouse Space

    112 E NORTH Avenue, Flora, IL 62839

    Contact for pricing
    1,880 sqft
    Prime downtown location
    Potential for retail space on the main level and an apartment on the second floor
    Each of the two floors offers 1280 sq ft of space
    Features 600 sq ft of warehouse space with overhead door access
    Updated wiring
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Three-Story Multifamily Building with Land
    Three-Story Multifamily Building with Land

    612 W Gallatin Street, Vandalia, IL 62471

    $800,000
    20,700 sqft 0.53 AC lot

    1924 three-story building with elevator access, multiple room configurations, and an included parcel in downtown Vandalia.

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    49-Unit Apartment Building
    49-Unit Apartment Building

    211 N Kennedy Blvd, Vandalia, IL 62471

    $1,100,000

    Converted from a former high school, the property offers multifamily housing in an Opportunity Zone and County Enterprise Zone.

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    Three-Unit Rental Property
    Three-Unit Rental Property

    117 N MORRISON Street, Centralia, IL 62801

    $365,000

    Three freshly built 3-bed, 2-bath ranch rentals are each equipped with laminate flooring and on-demand water heaters.

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    Furnished Duplex in Centralia, IL
    Furnished Duplex in Centralia, IL

    404 N BEECH Street, Centralia, IL 62801

    Contact for pricing

    Furnished duplex with rental income potential in Centralia, Illinois.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Established Neighborhood
    Residential Lot in Established Neighborhood

    213 South 2nd Street, Mount Vernon, IL 62864

    Contact for pricing
    0.16 AC lot

    7,000 sq ft residential lot ready for development.

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    Residential Lot in Mount Vernon
    Residential Lot in Mount Vernon

    1918 Casey Avenue, Mount Vernon, IL 62864

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    0.25 AC lot

    0.249-acre residential lot in Mount Vernon, Illinois.

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    Residential Lot in Mount Vernon
    Residential Lot in Mount Vernon

    2023 College Street, Mount Vernon, IL 62864

    Contact for pricing
    0.16 AC lot

    0.16 acre residential lot in Mount Vernon, Illinois.

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    Residential Lot in Mount Vernon
    Residential Lot in Mount Vernon

    2223 Casey Avenue, Mount Vernon, IL 62864

    Contact for pricing
    0.17 AC lot

    0.174-acre residential lot in a vibrant Illinois community.

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    Off-Market Properties in Flora, IL

    Consider similar Off-Market properties in Flora, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    420 Worthey St
    Multifamily properties

    420 Worthey St, Flora, IL 62839

    Value Estimation by Request
    View details

    Flora, IL Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Flora, IL on our real estate platform. These investment opportunities span a total of 1,880 square feet of properties for sale, with an estimated market value of $19,900.

    Sale prices for residential income properties in Flora, IL average $19,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,215
    Population Growth (5Y) -2.9%
    Median Household Income $54,241
    College Educated 25.9%

    Taxes & Financing

    Tax Rate (average for all types) 7.84%
    Property Tax per SF $1.43 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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