Property profile

237 Locust St Centralia, IL 62801

OFF-MARKET
Other commercial real estate
Property ID
US28-4762453
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a five-unit office building located in downtown Centralia, Illinois on a corner lot directly across from the Centralia Area Historical Society Museum. The building has a total gross area of 6,400 square feet and is configured into five separate office units.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 1400052835
UPID US28-4762453

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center Alternative Medicine Practice

Location

237 Locust St Centralia, IL 62801-3508
Centralia metro Census 952600 CENTRALIA, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2025
Last sale
$160,000
3 recorded transactions
2025
$160,000
2024
$85,000
2013
$110,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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