223 N BROADWAY Street # 215 Centralia, IL $ 365,400
223 N BROADWAY Street # 215
$ 365,400
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223 N BROADWAY Street # 215

Centralia, IL, 62801
$ 365,400
Baths0.0 Sq 6,530

Monthly Estimate*

$ 2,280

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Studio

Multi-Family Home for sale in Centralia, IL

for $365,400. This 6,530 square foot home was built in 1967 on a lot size of 0.43.

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.

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Multi-Family Active

Price

$ 365,400

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,975

Style

Lot Size

0.43

Year Built

1967

Town/City

Centralia

County/Region

Marion

MLS | Web ID

EB454961

Features
General
Cooling Central Air
Roof Metal
Zoning Comme
Construction Materials Brick Cedar Stone Wood Siding
Year Built 1967
Electric Separate Meters
Unit Number 215
Gross Income 14400
County Marion
Net Operating Income 11104
Operating Expense 1320
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions North Broadway (US Highway 51) Central City North of Hardin St. Property is on the East side of the street.
City Centralia
Number Of Units Total 6
MLS Area Centralia
Tax Annual Amount 1975.74
Electric Expense 840
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 480
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 6530
Lot Dimensions 150x127.5
Lot Size Acres 0.43
Frontage Type Alley Access
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* Excluded Features
List By
Coldwell Banker Allen & Geary

Broker

alanowen66@gmail.com

Email

Affordability Calculator

$2,444
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,280
Monthly Property Taxes
$165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$365,400 Listed Price

Map


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223 N BROADWAY Street # 215, Centralia, IL, 62801 is a Multi-Family Home for sale at $365,400 with 6,530 sqft and a lot size of 0.43. 223 N BROADWAY Street # 215 is a studio with 0.0 baths and was built in 1967. The property's zip code is 62801 which is in Centralia, IL