406 Cedar St Centralia, IL 62801
Estimated payment $865/month
About This Home
Great investment property with this all brick duplex. Unit 1 is approx. 1000 sq. ft with 3 bedrooms and 1 bath. Large living room, plenty of storage and kitchen will appliances. Unit 2 is approx. 825 sq. ft with 2 bedrooms and 1 bath large living room, kitchen with appliances. Each unit has 3 window a/c unit. Each unit has a washer/dryer hookup in the unit. The basement has a laundry area as well. Each unit has a 1 c. garage. Present landlord pays for gas and water/sewer/trash pickup and the tenant pays their own electric. Property is currently occupied by tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,994
Year Built
- Built in 1933
Lot Details
- Lot Dimensions are 167.84x59.95
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $2,904
- Insurance Expense $1,694
- Maintenance Expense $1,000
- Gross Income $21,600
- Net Operating Income $11,885
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,994 | $38,450 | $2,770 | $35,680 |
| 2023 | $3,090 | $35,940 | $2,590 | $33,350 |
| 2022 | $3,025 | $32,670 | $2,350 | $30,320 |
| 2021 | $3,003 | $30,540 | $2,200 | $28,340 |
| 2020 | $3,170 | $31,690 | $2,820 | $28,870 |
| 2019 | $3,107 | $30,530 | $2,720 | $27,810 |
| 2018 | $3,160 | $30,530 | $2,720 | $27,810 |
| 2017 | $3,150 | $29,930 | $2,670 | $27,260 |
| 2016 | $3,139 | $28,780 | $2,570 | $26,210 |
| 2015 | $31 | $28,780 | $2,570 | $26,210 |
| 2012 | $30 | $28,200 | $2,510 | $25,690 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/15/2026 01/15/26 | Pending | -- | -- | -- | |
| 12/01/2025 12/01/25 | For Sale | $119,900 | +59.9% | -- | |
| 11/22/2021 11/22/21 | Sold | $75,000 | 0.0% | $31 / Sq Ft | View Prior Sale |
| 09/22/2021 09/22/21 | For Sale | $75,000 | -- | $31 / Sq Ft | |
| 09/28/2012 09/28/12 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | Doma Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: EB460636
APN: 1400056485
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.