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    838 E 2Nd St, Unit 846 Centralia, IL 62801

    Sponsored
    For Sale
    $68,700

    LAND - Centralia, IL

    Lot size:
    0.88 Acres
    Days on Market:
    87
    Last Refresh:
    Jan 6 at 9:06 pm

    Property Features for 838 E 2Nd St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    APN
    1400064105
    Exterior features
    Pole Barn
    Lot size
    0.88 Acres

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Public

    Coldwell Banker Allen & Geary Real Estate (618) 532-7300 [email protected]

    Listing agent Alan B Owen

    Listing date Oct 12, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Residential Land in Centralia

    This property consists of four lots totaling 0.88 acres. It features a 40'x50' wood-framed, steel-sided building. The property is zoned for multi-family residential use, making it suitable for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Marion
    State
    Illinois
    Longitude
    -89.123901
    Latitude
    38.525546

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    FAQs

    What type of property is this?
    Land - Four lots with building, ready for multi-family development.
    Where is this land located?
    The property is located at 838 E 2Nd St, Unit 846 Centralia, IL.
    What is the asking price?
    The asking price for this property is $68,700.
    What are key features of this property?
    This property features: - Zoned multi-family residential ready for development; - Four lots included in the property; - 40'x50' wood framed steel sided building on site
    (618) 322-1160
    Request Owner's contact information
    838 E 2Nd St, Unit 846 Centralia, IL 62801
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    Centralia, IL 62801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    838 E 2Nd St, Unit 846 Centralia, IL 62801
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