Property Description
Positively Sells to the Highest Bidder!
Buyer’s Agents Welcome – See Co-op Agreement for complete details!
Open House Saturday, May 9th 10 AM to Noon
Bidding Ends Thursday, May 28th at 9:20 AM
Located in Centralia, this versatile commercial property offers approximately 5,000 square feet of functional space on a 0.3± acre lot, making it a great fit for a variety of business uses. The building is thoughtfully set up with two separate office areas, each featuring its own private entrance, kitchenette, and full bathroom—perfect for multiple tenants or flexible workspace options.
The property is fully fenced for added security and includes an electronic gate at the rear entrance for controlled access. A large gravel lot in the rear provides plenty of space for parking, storage, or equipment. The building also features three 12-foot garage doors—two in the rear and one in the front—making it easy to accommodate vehicles, deliveries, or shop use.
Zoned B-2, this property is well-positioned for a wide range of commercial opportunities and is ready for immediate use.
For more information, call or text Scott Athmer (618) 830-6192.
Marketing Highlights:
• Approximately 5,000 sq ft with dual office setups—ideal for multiple users or rental income
• Two private entrances, each with a kitchenette and a full bathroom
• Fully fenced property with electronic gated access for security and convenience
• Three 12’ garage doors (2 rear, 1 front) for easy access and functionality
• Large gravel lot in back perfect for parking, storage, or operational space
Property Features
Property Type: Commercial - Warehouse
Cooling: Other
Heating: Other
Lot Size: 0.30 Acres
Taxes: $1,811
Feature Descriptions
Current Use: Other
Days on Site: 1
Electric: 220 Volts
Exterior: Frame, Unknown
Fencing: Fenced, Gate
Laundry: Inside
Parcel#: 1400051566
Potential Use: Automotive, Commercial, Other, Warehouse
Road Frontage: City Street
Road Surface: Paved
Topography: Flat
Listed By / Shown
Listed By
Agency Name: Trophy Properties & Auction
Agency Phone: (618) 830-6192
Agent Name: Scott Athmer
Auction terms and conditions
1. Procedure: Bidding ends Thursday, May 28, 2026, at 9:20 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 3 minutes.
2. BUYERS PREMIUM: 10% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price.
3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Friday, May 29, 2026 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.
4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.
5. BIDDING: Once submitted, a bid cannot be retracted.
6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, June 25, 2026.
7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.
8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a Special Warranty deed conveying merchantable title to the real estate to the buyer(s).
9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.
10. REAL ESTATE TAXES: The 2025 Real Estate taxes to be paid by the Seller. The 2026 Real Estate taxes to be paid by the Buyer(s).
11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.
12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale.
136 N Chestnut Street | MLS# 26022796
This commercial property located at 136 N Chestnut Street , Centralia, IL 62801 is currently listed for sale by Trophy Properties & Auction, with an asking price of $40,000. Search Centralia real estate on www.trophypa.com today.