101 Kelly's Court, Forest City, Iowa image 1
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101 Kelly's Court

Forest City, IA 50436
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$725,000 $3,056/Mo
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Bed 15

Bed

Bath 12

Bath

SqFt4,100

Sqft

INVESTOR ALERT! What an opportunity!! This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside. Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience. With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion , group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning). The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations. Bring your vision and transform this one-of-a-kind property into your next successful venture!

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Detail Ic Property Details

Property Type : Single Family

Price : $725,000

AD Id : 67350886

MLS Id : 6332628

Beds : 15

Living Area Size : 4,100

Year Built : 1985

County : Winnebago

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 15

    Bathroom Information

    Total Baths: 12 Full Baths: 0 Half Baths: 0

    Water/Sewer

    Water Source: City Water/Connected Sewer: City Sewer/Connected

  • Kitchen Information

    Kitchen: Kitchen

  • Cooling Features

    Has cooling Central

    Heating Source

    Has Heating Forced Air,Natural Gas

  • Building Information

    Built Year: 1985 Basement: Slab

  • Exterior Features

    Brick/Stone,Vinyl

  • Lot Information

    Dimensions: per abstract

  • Property Information

    Type: Other (see remarks) City: Forest City State: IA Directions: gps takes you to property Property Status: Active

  • Listing Price Information

    Original List Price: $725,000 Price Per SQFT: $177

  • Tax Information

    Annual Tax: $0 Tax Year: 2025

  • Parking Information

    Parking: Uncovered/Open,Driveway - Concrete,Paved Lot,Storage

  • School Information

    Elementary School District: 2295 - Forest City High School District: 2295 - Forest City Middle School District: 2295 - Forest City
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3245 Welch Avenue, Forest City, IA, 50436 $415,000 3 2 1,248 1,248 SqFt
3150 Taylor Avenue, Forest City, IA, 50436 $739,500 3 3 3,801 3,801 SqFt
105 S Oakmont Drive, Forest City, IA, 50436 $299,900 3 2 1,684 1,684 SqFt
335 E L Street, Forest City, IA, 50436 $64,900 1 1 424 424 SqFt
1026 Pleasant Street, Forest City, IA, 50436 $264,500 4 2 2,653 2,653 SqFt
505 S 4th St, Forest City, IA, 50436 $289,000 3 4 3,255 3,255 SqFt
945 S 4th Street, Forest City, IA, 50436 $250,000 3 2 1,805 1,805 SqFt
1135 Pleasant Street, Forest City, IA, 50436 $250,000 4 2 1,280 1,280 SqFt
546 S 4th Streets, Forest City, IA, 50436 $149,500 4 2 1,363 1,363 SqFt
415 S Clark Street, Forest City, IA, 50436 $325,900 4 2 2,719 2,719 SqFt

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All listings featuring the "Iowa AOR" as the source are provided by "Iowa AOR - IAMLS". This information is not verified for authenticity or accuracy and is not guaranteed.

ByOwner last updated this listing 08/19/2026 @ 21:18

MLS: 6332628 LISTED BY: Dustin Crawford, Iowa Home & Land Realty 515-423-0195 SOURCE: Iowa AOR - IAMLS

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