235 N Locust Street Centralia, IL $ 440,000
235 N Locust Street
$ 440,000
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235 N Locust Street

Centralia, IL, 62801
$ 440,000
Bedrooms-- Baths-- Sq 6,179

Monthly Estimate*

$ 2,778

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Commercial Property for sale in Centralia, IL

for $440,000. This 6,179 square foot building was built in 1958 on a lot size of 1.02.

Investment multi use business opportunity located in the central business district situated on just over an acre paved parcel. This steel framed masonry structure has been the home of the local Elks Lodge fraternal organization for over 65 years. The building layout consists of the lower below grade level finished area with a full bar, two dining areas and separate gathering room, commercial kitchen equipped, restrooms, walk in cooler and freezer and storage areas. the main level has an entry way and office, and the upper level includes a large 60'x60' banquet and event room with side bar, dumbwaiter service from the kitchen below, adequate restrooms and gathering area with storage. With a building structural footprint of 6,000 sq' the upper and lower levels combined is approximately 12,000 sq' with a total combined occupancy allowed of 418. The 3-stage commercial elevator addition with lot entry vestibule was added in 2015 and is current on permitting and a service contract with Otis Elevator Co. This facility has been a staple of the community hosting many private and community events over the years.

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Commercial Active

Price

$ 440,000

Property Type

Commercial

Taxes

$ 805

Style

Lot Size

1.02

Year Built

1958

Town/City

Centralia

County/Region

Marion

MLS | Web ID

12742431

Features
General
Cooling Central Air Exhaust Fan Zoned
Utilities Sewer Connected Cable Available Fiber
Possession Closing
Roof Membrane
Zoning COMMR
Construction Materials Brick Block Steel Siding
Year Built 1958
Electric Service - 201 to 600 Amps Power - 240V Three Phase
Stories Count 1
Township Centralia
Property Subtype Other
Tax Year 2025
Assoc Fee Paid Per Annually
County Marion
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status New
Directions Corner of East McCord (IL RT 161) and N Locust St. just before the overpass east side.
City Centralia
Number Of Units Total 1
MLS Area Centralia
Lot Size Square Feet 44800
Tax Annual Amount 805.4
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Interior
Flooring Carpet Tile Wood Other
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 6179
Lot Dimensions 160x280
Lot Size Acres 1.02
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* Excluded Features
List By
Coldwell Banker Allen & Geary

Broker

alanowen66@gmail.com

Email

Affordability Calculator

$2,845
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,778
Monthly Property Taxes
$67
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
8/27/2026$440,000 Listed Price

Map


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235 N Locust Street, Centralia, IL, 62801 is a Commercial Property for sale at $440,000 with 6,179 sqft and a lot size of 1.02. 235 N Locust Street was built in 1958. The property's zip code is 62801 which is in Centralia, IL