NOT LISTED FOR SALE

631 W 3rd St Centralia, IL 62801

-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold November 18, 2022

Last sale price $1,275,000

About This Home

As of November 2022

Extremely hot market! 97% occupancy rate. 7.2% CAP rate. Two excellent locations within blocks of each other. Larger location has an additional 25,500 sq ft adjoining space (107 ft road frontage, visible from highway 161/the busiest intersection in Centralia) for further expansion. Both locations are located in Centralia, IL, 1 hour east of St. Louis, MO. The two sites have a total of 153 units. The 631 W 3rd St location is fully paved and has (24) 5x10 units, (74) 10x10 units, & (12) 10x20 units totaling 11,000 sq ft storage capacity within 6 buildings. This site has an additional 25,500 sq ft adjoining space for further expansion & new high quality Johnson Controls security system. PROPERTY SOLD WITH ML 446007 231 W BROADWAY CENTRALIA The 220 W Broadway location is comprised of 2 buildings with multiple size units & is also fully paved. There are (11) 5x10 units, (24) 10x10 units, (3) 10x15 units, & (5) 10x20 units at this location with a total of 4,400 sq ft total storage capacity.

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $1,275,000 -5.6% --
10/23/2022 10/23/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $1,350,000 -- --

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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