Listing provided courtesy of Coldwell Banker Allen & GearyMREDas Distributed by MLSGrid- MLS# EB454961MLS Provider

223 N BROADWAY Street #215Centralia, IL 62801

Commercial · 3 Beds · 6,530 Sq. ft. | 0.43 Acres
$365,400 Active

223 N BROADWAY Street #215 Overview

Time on Site:
193 days
Visits:
1

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 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. 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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223 N BROADWAY Street #215 Facts & Features

  • Type Commercial
  • Sq. ft. 6,530
  • Price/Sq.ft. $56
  • Lot 0.43 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 1320
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1967

Business Information

  • Current Use: Single Room Occupancy

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: Centralia

Rent/Lease Information

  • Tenant Pays: Electricity, Sewer, All Utilities, Trash Collection

Tax Information

  • Tax Annual Amount: $1,975.74
  • Tax Year: 2024

General Information

  • Parcel Number: 1420000152
  • Possible Use: Multi-Family
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Interior

  • Building Area Total: 6530

General Information

  • Cooling: Central Air
  • Electric: Separate Meters
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Unit Information

  • Unit Number: 215

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,State Road,Paved
  • Lot Size Acres: 0.43
  • Lot Size Dimensions: 150x127.5
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Stone, Cedar
  • Roof: Metal

General Information

  • Number Of Units Total: 6
  • Utilities: Sewer Connected

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 0
  • Units Total: 0

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

223 N BROADWAY Street #215 Neighborhood

Community

62801 (Centralia) Demographics

42
Median Age
153
Population Density (per sq. mile)
25%
College Educated
$43,682
Estimated Median Income
6,178
Estimated Total Home Owners
2,330
Estimated Total Renters
73% / 27%
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.

223 N BROADWAY Street #215 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.

223 N BROADWAY Street #215 Market Data

Based on the last 30 days in this zip code

$190,868
Average List Price
$94
Average Price per Square Foot
8
Properties Sold
89
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

223 N BROADWAY Street #215 History

Date Event Value Agent
5/10/2026Source: MRED Status Change
Active
5/5/2026Source: MRED Status Change
Re-activated
4/11/2026Source: MRED Status Change
Active
4/6/2026Source: MRED Status Change
Re-activated
12/18/2025Source: MRED Added to Database
December 18, 2025