101 kelly's courtForest City, IA 50436

Single Family · 15 Beds · 12 Three Quarter Baths · 12,300 Sq. ft. | 3.58 Acres
$725,000 Active

101 kelly's court Overview

Time on Site:
265 days
Visits:
27

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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101 kelly's court Facts & Features

  • Type Single Family
  • Sq. ft. 12,300
  • Price/Sq.ft. $59
  • Lot 3.58 Acres

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1985

Location/Region

  • County Or Parish: Winnebago
  • Postal City: Forest City

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2025

General Information

  • Parcel Number: 1135326008
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 12
  • Bathrooms Total: 12
  • Bedrooms Total: 15

General Information

  • Accessibility Features: Doors 36\+,Fully Wheelchair,Grab Bars In Bathroom,Hallways 42\+,No Stairs External,No Stairs Internal,Partially Wheelchair,Reduced Height Counters,Roll-In Shower
  • Basement: Slab
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Living Area: 12300
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Parking Features: Outside,Concrete,Paved,Storage

Lot Information

  • Lot Size Acres: 3.58
  • Lot Size Dimensions: per abstract
  • Lot Size Square Feet: 155945
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: See Remarks
  • Construction Materials: Brick,Vinyl Siding

General Information

  • Sewer: City Sewer/Connected

101 kelly's court Neighborhood

Community

50436 (FOREST CITY) Demographics

38
Median Age
41
Population Density (per sq. mile)
38%
College Educated
$53,255
Estimated Median Income
1,766
Estimated Total Home Owners
446
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

101 kelly's court Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

101 kelly's court Market Data

Based on the last 30 days in this zip code

$234,962
Average List Price
$103
Average Price per Square Foot
6
Properties Sold
111
Average Days on Market
35
Properties for Sale
Calculations provided by Reliance Network

101 kelly's court History

Date Event Value Agent
3/13/2026Source: NoCoast MLS Price Reduction
$725,000 -3.3%
10/8/2025Source: NoCoast MLS Added to Database
October 08, 2025
Listing provided courtesy of Iowa Home & Land RealtyNoCoast MLS- MLS# 6332628MLS Provider