Property profile

502 13th St Centralia, IL 62801

OFF-MARKET
Commercial real estate
Property ID
US28-4770569
0.19 ac lot
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,470 square foot multi-use commercial building presents a fantastic opportunity in Centralia, IL. Situated on a highly visible corner lot within the city's bustling business corridor, this property offers exceptional visibility and accessibility. The 0.19-acre lot provides ample space, while the building itself boasts a flexible layout ideal for a variety of commercial uses. Imagine utilizing the open floor plan for retail, a service facility, office space, showroom, warehouse, or workshop – the possibilities are numerous. The building's design allows for efficient use of space, catering to diverse business needs. Convenient onsite and street parking ensures easy access for customers and employees alike. This property is perfectly positioned to capitalize on the high traffic flow of the area, making it an attractive investment for entrepreneurs and established businesses seeking a prominent location. The asking price of $51,000 makes this a compelling opportunity to acquire a well-situated commercial property in a thriving Centralia business district. Don't miss out on this chance to establish or expand your business in a prime location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.19 ac (8,294 SF)
APN 1419000027
UPID US28-4770569

Cap rate & NOI

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

Location

502 13th St Centralia, IL 62801-4731
Centralia metro Census 952500 CENTRALIA, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$38,000
2 recorded transactions
2025
$38,000
2005
$18,500

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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