8290 Old Highway 50, Flora, IL 62839
sale
$450,000
|
Other
Courtesy Of AMY LEE REALTY LLC
Well-known and still in operation, this nostalgic motel sits on 2.39 acres on the edge of Flora and offers strong income with plenty of potential to expand. Property includes two single-story motel wings with a total of 15 clean, income-producing guest units, a duplex with two additional living quarters, and a charming cabin. The spacious owner's residence features 2-3 bedrooms, 1-2 baths, large living room with fireplace, full kitchen, jacuzzi tub, Florida room, and patio. Guests are welcomed by a large lobby, laundry and supply area, attached carport, and detached garage. Updates include newer roofs and LED exterior lighting. Excellent visibility along Old Hwy 50 with easy circle-drive access. Long-standing business with great repeat clientele-opportunity to continue its legacy or expand your investment vision. Optional additional home purchase available.
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Property Features
- Age: Over 50 Years Old
- Appliance: Dishwasher
- Appliance: Microwave
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Washer
- Architecture Style: Ranch
- Building Units: 0
- Cooling System: Central Air
- Exterior Type: Wood Siding
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Fireplace: Fireplace
- Floor Covering: Laminate
- Floor Covering: Linoleum
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 1
- Heating System: Wood (Heating)
- Heating System: Forced Air
- Heating System: Propane (Heating)
- Heating System: Fireplace(s)
- Heating System: Wood Stove
- Heating System: Natural Gas
- MLSID: 11612720
- Roof Type: Asphalt
- Rooms: Bonus Room
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 3
- Rooms: Den
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Family Room
- Rooms: Living Room
- Rooms: Bathroom 1
- Rooms: Dining Room
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