242 Watson Ln

Centralia, IL 62801

$31,000
Price
4,290 / 0.10
Lot Size / Acres

Description

Strategic Commercial Lot – High-Traffic Visibility | B-3 Zoned | Centralia, IL Opportunity knocks with this small, non-buildable commercial lot located directly on one of Centralia’s busiest entry corridors. Zoned B-3 (Highway/Arterial Business District), this parcel may not support full development but offers high-impact visibility and strategic positioning ideal for select commercial or auxiliary uses. ?? Key Features: Prime frontage on a heavily traveled roadway funneling traffic into Centralia...Strategic Commercial Lot – High-Traffic Visibility | B-3 Zoned | Centralia, IL Opportunity knocks with this small, non-buildable commercial lot located directly on one of Centralia’s busiest entry corridors. Zoned B-3 (Highway/Arterial Business District), this parcel may not support full development but offers high-impact visibility and strategic positioning ideal for select commercial or auxiliary uses. ?? Key Features: Prime frontage on a heavily traveled roadway funneling traffic into Centralia Excellent exposure for signage, advertising, or supplemental business use Located within a bustling business corridor surrounded by commercial and retail activity ?? Zoning & Use Potential: B-3 zoning allows for flexible commercial uses (verify with local planning/zoning) Ideal for billboard/monument signage, parking, pop-up stands, or additional lot buffer Potential investment for adjacent property owners or future land assembly This is a rare chance to secure a high-visibility piece of commercial real estate at an affordable entry point. Whether used as a marketing tool, support for a neighboring business, or held for future possibilities, this lot offers strategic value in a well-trafficked location. ?? Contact us today to learn more about allowable uses and how this parcel could enhance your business footprint.
  1. Listed by SIRETHA HOWE • Midwest Farm & Land Co. LLC

Property Details for 242 Watson Lane

Subdivision Name
Watson Place
LISTING UPDATED: 04/18/2025 03:01 PM

Property Details for 242 Watson Lane

StatusActive
MLS #EB457544
Days on Market257
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lots & Land
Year Built-
Lot Size0.10 AC
CountyMarion County

Location

Listing Courtesy of Midwest Farm & Land Co. LLC
Add your commute

Building Information for 242 Watson Lane

Lot Size0.10 AC

Payment Calculator

$163 per month

30 year fixed, 6.28% Interest

Principal and Interest

$153

Property Taxes

$10

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242 Watson Lane

Summary
Location and General Information
  • City: Centralia
  • County Or Parish: Marion
  • Directions: Located North of Caseys gas station and Pennington Ford.
  • Latitude: 38.528362
  • Longitude: -89.121867
  • MLSArea Minor: EBOR Area
  • Postal Code: 62801
  • State Or Province: IL
  • Zoning: Commercial
Taxes and HOA Information
  • Parcel Number: 1400061675
  • Mandatory Assoc Annual Fee: No
  • Mandatory Assoc Monthly Fee: No
  • Tax Annual Amount: $0
  • Tax Legal Description: WATSON PLACE N END 65FT X 66FT LOT 3 BLK 1
  • Tax Year: 2023
School Information
  • Elementary School: Centralia
  • High School: Centralia
  • Middle Or Junior School: Centralia
Property
Lot Information
  • Lot Features: Level
  • Lot Size Dimensions: 65 x 66
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: Aerial Photos
Utilities
  • Water Source: No Sewer, No Water
  • Utilities: Other
Interior and Exterior Features
Interior Features
  • Operating Recording Device: None

Property History for 242 Watson Lane

DateEvent & SourcePriceAppreciation
Dec 21, 2025

Hold

MRED #457544

—
Apr 16, 2025

Listed (Active)

MRED #457544

$31,000—
Apr 16, 2025

Listed (Active)

RMLS ALLIANCE #EB457544

$31,000—
Feb 9, 2024

Expired

RMLS ALLIANCE #EB447891

$59,000—
Feb 23, 2023

Listed (Active)

RMLS ALLIANCE #EB447891

$59,000—
Apr 12, 2003

Expired

RMLS ALLIANCE #EB220180

$49,000—
Nov 8, 2001

Listed (Active)

RMLS ALLIANCE #EB220180

$49,000—
DateEvent & SourcePrice
12/21/2025

Hold

MRED #457544

—
04/16/2025

Listed (Active)

MRED #457544

$31,000
04/16/2025

Listed (Active)

RMLS ALLIANCE #EB457544

$31,000
02/09/2024

Expired

RMLS ALLIANCE #EB447891

$59,000
02/23/2023

Listed (Active)

RMLS ALLIANCE #EB447891

$59,000
04/12/2003

Expired

RMLS ALLIANCE #EB220180

$49,000
11/08/2001

Listed (Active)

RMLS ALLIANCE #EB220180

$49,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 242 Watson Lane

Taxable ValueLand$1,550Additions-Total$1,550
Tax Record2024$121 ($10 / month)
Home Facts
Beds0StyleResidentialCountyMARIONAPN1400061675

Schools near 242 Watson Lane

This home is within Centralia School District 135.
Rating
School
Type
Grades
Distance
Centralia Jr High School
Public - 4 to 8
Centralia High School
Public - 9 to 12
Jordan Elementary School
Public - 2 to 3
Schiller Elementary School
Public - PK to 1
Rating
School
Distance
Centralia Jr High School
Public4 to 8

Centralia High School
Public9 to 12

Jordan Elementary School
Public2 to 3

Schiller Elementary School
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 242 Watson Lane, Centralia, IL 62801

242 Watson Lane is a 0.10 ac of land for sale in Centralia, IL 62801. This property was listed for sale on April 16, 2025 by Midwest Farm & Land Co. LLC, it's currently listed at $31,000. This listing's school districts are Centralia Hsd 200 School District, Centralia School District 135. Nearby schools include Centralia Jr High School, Centralia High School and Jordan Elementary School. 242 Watson Lane is a 0-bed, 0-bath, 0.10 ac of land on a 4,290 sq. ft. / 0.10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Midwest Farm & Land Co. LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/30/2025 10:42 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.