223 N BROADWAY Street Centralia, IL $ 255,000
223 N BROADWAY Street
$ 255,000
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223 N BROADWAY Street

Centralia, IL, 62801
$ 255,000
Bedrooms3 Baths0.0 Sq 6,530

Monthly Estimate*

$ 1,610

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Multi-Family Home for sale in Centralia, IL

for $255,000 with 3 bedrooms. 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 but in need of repairs and is currently not leased. 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 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.

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Multi-Family Active

Price

$ 255,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,624

Style

Single Room Occupancy

Lot Size

0.43

Year Built

1967

Town/City

Centralia

County/Region

Marion

MLS | Web ID

12738205

Features
General
Cooling Central Air
Utilities Sewer Connected
Possession Closing
Roof Metal
Zoning OTHER
Construction Materials Brick Stone Cedar
Year Built 1967
Electric Separate Meters
Tenant Pays Electricity Sewer All Utilities Trash Collection
Stories Count 2
Tax Year 2024
Current Use Single Room Occupancy
Gross Income 0
Additional Parcels Description 1420000062
County Marion
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status New
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
Lot Size Square Feet 19050
Tax Annual Amount 2624.3
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 6530
Lot Dimensions 150x127.5
Lot Size Acres 0.43
Frontage Type City Street State Road Paved
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* Excluded Features
List By
Coldwell Banker Allen & Geary

Broker

alanowen66@gmail.com

Email

Affordability Calculator

$1,829
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,610
Monthly Property Taxes
$219
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/20/2026$255,000 Listed Price

Map


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223 N BROADWAY Street, Centralia, IL, 62801 is a Multi-Family Home for sale at $255,000 with 6,530 sqft and a lot size of 0.43. 223 N BROADWAY Street has 3 bedrooms, 0.0 baths, and was built in 1967. The property's zip code is 62801 which is in Centralia, IL