$365,000
NEW CONSTRUCTION $60K PRICE DROP

117 N Morrison St Centralia, IL 62801

Estimated payment $1,974/month

Total Views 4,851
9 Beds
-- Bath
1,144 Sq Ft
$319 Price per Sq Ft

About This Home

INVESTMENT OPPORTUNITY!!! 3 freshly built rentals ready for new ownership. All homes are 3 bed 2 bath ranch homes that were designed with functionality in mind and laminate flooring throughout. On demand water heaters in all 3 homes. Currently homes are leased month to month for 1200/mo. Per seller: Tenants have never missed a payment. All appliances owned by the seller excluding the washer and dryer in unit one; tenants currently pay all utilities. Carport in front of unit 1 and shed out back owned by tenant, shed and carport behind units 2 and 3 owned by seller. City water, Ameren electric and gas. Don't miss this opportunity! Addresses included are 117, 121 and 127 N Morrison St Centralia, IL

Listing Agent

Anna Lange

SOMER REAL ESTATE Brokerage Phone: 618-548-5123 License #475193597 Listed on: 01/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $348

Year Built

  • Built in 2023 | New Construction

Home Design

  • 1,144 Sq Ft Home
  • Metal Roof
  • Vinyl Siding

Parking

  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Central City Elementary And Middle School
  • Centralia High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 9 Bedrooms
  • Lot Dimensions are 160x165

Listing and Financial Details

  • Assessor Parcel Number 1405000027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$348

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 2023
  • New Construction: Yes
  • Structure Type: One Story
  • PricePerSqFt: 319.06
  • Attribution Contact: Phone: 618-548-5123
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Total Bedrooms: 9
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Extra Lot
  • Road Surface Type: Gravel, Paved
  • Construction Type: Vinyl Siding
  • Roof: Metal
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Gas Water Heater
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 3
  • NumberOfHeatingUnits: 3
  • NumberOfCentralAirUnits: 3
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 3
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 3

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Central City
  • High School: Centralia
  • Middle Or Junior School: Central City

Lot Info

  • Development Status: Completed
  • Lot Size: 160x165
  • Additional Parcels Description: 1405000030
  • Parcel #: 1405000027

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 347.78
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 43200

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,515 $90,810 $3,090 $87,720
2023 $232 $3,460 $2,890 $570
2022 $242 $3,150 $2,630 $520
2021 $233 $2,950 $2,460 $490
2020 $232 $2,870 $2,390 $480
2019 $229 $2,760 $2,300 $460
2018 $233 $2,760 $2,300 $460
2017 $231 $2,700 $2,250 $450
2016 $706 $7,980 $2,160 $5,820
2015 $6 $12,710 $2,160 $10,550
2012 $6 $12,470 $2,120 $10,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $365,000 -7.6% $319 / Sq Ft
02/06/2025 02/06/25 Price Changed $395,000 -7.1% $345 / Sq Ft
01/14/2025 01/14/25 For Sale $425,000 +2475.8% $372 / Sq Ft
03/07/2022 03/07/22 Sold $16,500 -8.3% --
02/10/2022 02/10/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $18,000 -- --
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $16,500 None Listed On Document
Warranty Deed -- --
Warranty Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,570 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: EB456417

RMLS Alliance

APN: 1405000027