1107 Poplar St Centralia, IL 62801-2349
Property profile & analytics
1107 Poplar St Centralia, IL 62801-2349
- Commercial real estate
Property ID
US28-4943154
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 1107 Poplar St
- Property type
- Commercial real estate
- APN
- 1420002430
- APU
- 1420002430
Description
This 2,560 square foot commercial building in Centralia, IL, presents a compelling investment opportunity. Previously used as an auto body repair shop, the property boasts a spacious garage area with overhead doors, ideal for various commercial uses. The building sits on a 0.04-acre lot and features a durable slab foundation. Ample overhead storage is available in the attic space, and the floors are a mix of tile, vinyl, and concrete, offering practicality and durability. The interior includes a convenient half-bath, two well-appointed offices, and several recent updates, enhancing its functionality and appeal. Currently generating a stable income stream with a lease in place at $950 per month, the lease agreement extends until February 2025, providing a predictable return on investment for the foreseeable future. The property's versatile layout and existing infrastructure make it suitable for a range of commercial ventures, offering significant potential for future growth and profitability. This is an excellent chance to acquire a well-maintained, income-producing property in a desirable location. The combination of a strong lease and the building's inherent features makes this an attractive investment opportunity. The property is priced at $59,500.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Centralia
- County
- Marion
- State
- Illinois
- Longitude
- -89.1306
- Latitude
- 38.5404
- CBSA code
- 16460
- CBSA name
- CENTRALIA, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,642
$8,030
$13,360
$21,390
-
$24,090
$40,080
$64,170
