223 North Broadway

Centralia, IL 62801

$365,400
Price
—
Beds
6,530 Sq. Ft.
$56 / Sq. Ft.
6,530
Sq. Ft.
$56
per Sq. Ft.

Description

Investment opportunity awaits with this partially renovated apartment complex. In addition to the recent exterior renovation, there is currently one of six units completed leased and occupied. Unit 1 has the intended design for a kitchen, family room, utility room and 1-bedroom on the main level and 2-bedrooms with a shared full bath on the upper level. Unit 2 is the completed and occupied unit with the same design as unit 1. Unit 3 has the upper level also with the intended design to have the same...Investment opportunity awaits with this partially renovated apartment complex. In addition to the recent exterior renovation, there is currently one of six units completed leased and occupied. Unit 1 has the intended design for a kitchen, family room, utility room and 1-bedroom on the main level and 2-bedrooms with a shared full bath on the upper level. Unit 2 is the completed and occupied unit with the same design as unit 1. Unit 3 has the upper level also with the intended design to have the same main level floorplan and only 1-bedroom with full bath on the upper level. Units 4 and 5 are main level only units with the intended design having a kitchen, living room, utility room, 2-bedrooms and 2 full baths. Unit 6 is designed with 3-bedrooms, 2 full baths, kitchen, living and utility room. Included on the property is a 50'x42' garage and shop building and a 21'x21' covered shelter that could be used for outside gatherings. Also included is an abundance of rough and finish building materials, fixtures and appliances intended to be used for the build out of the other 5 units. Property is real estate licensee owned but not by the listing broker.
  1. Listed by Alan Owen • Coldwell Banker Allen & Geary • Pref: 618-322-1160

Property Details for 223 North Broadway

Parking Total
12.0
Subdivision Name
Original Town Central City
LISTING UPDATED: 10/04/2024 03:01 PM

Property Details for 223 North Broadway

StatusActive
MLS #EB454961
Days on Market66
Taxes$2,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1967
Lot Size0.43 AC / 18,730 SF
CountyMarion County

Building Information for 223 North Broadway

Stories-Residences6Year Built1967Building Size-Lot Size0.43 AC / 18,730 SF

Property Information for 223 North Broadway

Summary
Location and General Information
  • City: Centralia
  • County Or Parish: Marion
  • Directions: North Broadway (US Highway 51) Central City North of Hardin St. Property is on the East side of the street.
  • Latitude: 38.5498754373776
  • Longitude: -89.1291181018524
  • MLSArea Minor: EBOR Area
  • Postal Code: 62801
  • State Or Province: IL
  • Zoning: Commercial
Taxes and HOA Information
  • Additional Parcels Description: 1420000062
  • Parcel Number: 1420000152
  • Tax Annual Amount: $2,524
  • Tax Legal Description: Lots 7,8,9 In Blk 9 O.T. Central City Marion County Illinois
  • Tax Year: 2023
School Information
  • Elementary School: Central City
  • High School: Centralia
  • Middle Or Junior School: Central City
Parking
  • Parking Features: Alley Access, Detached, Guest Parking, Shared Garage/Stall
Property
Lot Information
  • Structure Type: Conversion, Other
  • Building Area Total: 6530.0
  • Lot Features: Level
  • Lot Size Acres: 0.43
  • Lot Size Dimensions: 150x127.5
  • Number Of Units Total: 6
  • 100 Year Plain: No
  • Certificate Of Zoning: No
  • Road Surface Type: Alley, Gravel, Other
Property and Assessments
  • Documents Available: Aerial Photos,Legal Description,Tenant Lease(s)
  • Foundation Details: Concrete
  • New Construction: No
  • Year Built: 1967
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 6
  • Numberof Water Meters: 6
  • Water Sewer Expense: $480
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • Construction Materials: Brick, Cedar, Other, Stone, Wood Siding
Interior Features
  • Basement: None
  • Heating: Electric, Gas, Central Air, Other
  • Interior Features: Garage Door Opener(s), High Speed Internet, Security System
  • Laundry Features: Private, Units Hook-Ups
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 1
  • Number Of Water Heaters: 2
  • Operating Recording Device: Audio & Video
Multi Family
Income & Expenses
  • Electric Expense: $840
  • Gross Income: $14,400
  • Gross Scheduled Income: $14,400
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $10,556
  • Operating Expense: $1,320
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 0
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 223 North Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 223 North Broadway

Taxable ValueLand$8,650Additions$21,750Total$30,400
Tax Record2023$2,042 ($170 / month)
Home Facts
StyleMiscellaneous CommercialCountyMARIONAPN1420000152

Schools near 223 North Broadway

This home is within Central City School District 133.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Private - 9 to 12
Rating
School
Distance
Central City Elementary School
PublicPK to 8

Centralia High School
Public9 to 12

St Mary School
PrivatePK to 8

Christ Our Rock Lutheran High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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223 North Broadway is a multi-family home for sale in Centralia, IL 62801. This property was listed for sale on August 30, 2024 by Coldwell Banker Allen & Geary, it's currently listed at $365,400. It has been on the market for a total of 66 days and was last sold on December 22, 2011. This listing's school districts are Central City School District 133, Centralia Hsd 200 School District. Nearby schools include Central City Elementary School, Centralia High School and St Mary School. 223 North Broadway is a 0-bed, 0-bath, 6,530 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Allen & Geary

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.