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551 E. 2nd St, Flora, IL 62839

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For Sale

$42,000

2 half baths • 2,624 sqft

Estimated Payment

$ 283 /mo. †

6.67% APR for 30 yrs.
$800 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $16.01
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 11261542

Courtesy Of AMY LEE REALTY LLC

(618) 662-3170

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Forced Air
  • Lot Size
    0.27 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 551 E. 2nd St, Flora, IL 62839

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $216
  • Property Taxes
    $66
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $283

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Flora Elementary School

Grades PK-5 Public School

Flora, IL 62839 0.5 miles
445 emory st

674 total students

School Rating: C

School Details

Floyd Henson Jr High School

Grades 6-8 Public School

Flora, IL 62839 0.6 miles
609 n stanford rd

294 total students

School Rating: A-

School Details

Flora High School

Grades 9-12 Public School

Flora, IL 62839 0.6 miles
600 s locust st

389 total students

School Rating: C-

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Flora, IL 62839

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Flora, IL 62839

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are above the national average.

89° July
Hottest Average Month
22° January
Coldest Average Month
2,823 Total Households in Area
-1.8% Increase in population since the year 2010
20.9%
of households
have children
18 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Flora, IL 62839

Flora, IL 62839 has a population of 6,476 people in 2,823 households with a median age of 44.9 years old.

-1.8%
Decrease in population
since the year 2010
Population is Trending down
2,795
Total households as of 2010
1.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 93%
Hispanic 2%
Asian 1%
Other <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 2%, Asian at 1%, and Other at <1%.

Economics
for Flora, IL 62839

75 /sq mi
Population Density
$57,568 /yr
Median Household Income
$99,322
Median Sales Price
18 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 22.72% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 5%
  • Walk or Bike 3%
  • Public Transit 1%

Occupancy by Type

Owned 2,042 65%
Rented 781 25%
Vacant 321 10%

White vs Blue Collar Jobs







White Collar 59%
Blue Collar 41%

Family & Education Facts
for Flora, IL 62839

44.9 Median Age

Average Household Size

2.2
persons per
household

39.6%

Married Households

Community Population By Education

High School Graduate 39%
Some College 20%
Associates Degree 12%
Some High School 12%
Graduate Degree 9%
Bachelors Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 38.73% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.9% of households have children

Weather
for Flora, IL 62839

The weather for this area ranges from a high of 89° F in July to a low of 22° F in January

89° July
Hottest Average Month
22° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
22°
39°
Feb
24°
44°
Mar
34°
54°
Apr
44°
67°
May
53°
76°
Jun
62°
85°
Jul
66°
89°
Aug
64°
88°
Sep
56°
82°
Oct
45°
70°
Nov
35°
55°
Dec
25°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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