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$355,000   Price Analysis
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424 N Worthey St
Flora, IL 62839
Unknown bed 23 bath 11,264 SqFt ($31/SqFt)
1.45 acre lot. Built 2010
Listed 2024-05-02, Taxes $22
USDA Eligible
near Flora, IL
 Restrictions may apply
due to home size

This property has so many possibilities!

Shared living, convert to apartments, LARGE family homes, think of what all you can do. This former self-pay shared living home was operated in this residential area and operated under a special use variance. The Burge House has since closed but the buyer should be able to have the special use variance changed back. The North Building has 16 private rooms each with its own 1/2 bath. The north building has a shared social area, kitchen and dining area, There is also a beauty shop, laundry and private office plus a large covered front porch.

This building was a senior shared housing facility and ADA-compliant. The South building has 16 bedrooms with 3 shared full bathrooms, a social area and a snack kitchen area. Both buildings have a sprinkler system and call systems in each room. This buildin g was also a shared senior living facility and should be ADA-compliant. To have a better understanding of how the prperty was set up the owner asks that owner and list agent be present for all showings. The property is on 3 parcels and is a perfect opportunity for a business. apartments or Huge homes. Everything you see will be transferred with the property please ask the list agent for details at showing or call with any questions.


Presented by Phil Wiley at
Wiley Realty Group.


Property MLS #EB453281 from RMLSAlliance

Cable Available
Furnished
Handicap Access
High Speed Internet

Laundry Features: Common Area

Full Bathrooms: 6
1/2 Bathrooms: 17

Heating Features: Heating Systems - 2+, Forced Air, Gas, Central Air

Additional Parcels Description: 1026401025 1026401027
Lot Description: Level
Lot Size Acres: 1.4493802
Lot Size Dimensions: 207' x 305'
Lot Size Square Feet: 63135

Road Surface Type: Paved

Parking Features: Guest Parking, Shared Garage/Stall
Parking Total: 20

Number of Units: 32
Bedrooms in Unit-1: 16
Bedrooms in Unit-2: 16
Full Bathrooms in Unit-1: 3
Full Bathrooms in Unit-2: 3
Half Bathrooms in Unit-1: 16
Half Bathrooms in Unit-2: 1

High School: Flora HS

Flora High School is a public high school located approximately 1 miles away.
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Flora Elementary School is a public elementary school located approximately 1.3 miles away.
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Faith Academy is a private elementary and middle school located approximately 0.5 miles away.
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Floyd Henson Jr High School is a public middle school located approximately 1.5 miles away.
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Tenant Pays: No Utilities

Annual Tax Amount: 8459.950000000
Source Listing Status: Active
County: Clay
Directions: Rt 50 To Worthey, South on Worthey This Shared Living Home Is on the East Side of the Road.
Tax Year: 2023
Source Property Type: Residential Income
Source Neighborhood: Assessors
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 1026401026
Subdivision: Assessors
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$unknown + $304
$304
$22
2020$unknown + $455
$455
$34
2019$unknown + $482
$482
$36
2018$unknown + $433
$433
$31
2017$unknown + $963
$963
$71
2016$unknown + $2,286
$2,286
$170
2015$unknown + $804
$804
$57
2014$unknown + $813
$813
$56
2013$unknown + $896
$896
$65
2012$unknown + $1,992
$1,992
$136

Listed 2024-05-02
$355,000
RMLSAlliance

Net Operating Income: -8460

Year Built: 2010
Building Area Total: 11264
Construction Materials: Vinyl Siding
Foundation Details: Block, Slab
Property Age: 14
Roof: Shingle
Structure Type: One Story

Accessibility Features: Doors, Emergency Intercom, Handicap Access, Level, Other Bath Modifications, Main Level Entry, Roll-In Shower, Smart Technology, Wheelchair Accessible, Wide Doorways, Wide Hallways, Zero-Grade Entry

Water Source: Public Sewer, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.