With a crime rate of 32 per one thousand residents, Centralia has one of the highest crime rates in America compared to all communities of all sizes - from the smallest towns to the very largest cities. One's chance of becoming a victim of either violent or property crime here is one in 31. Within Illinois, more than 95% of the communities have a lower crime rate than Centralia.
The house is over 100 years old. The heating is through radiators. The town has a population of 12,000 people. It has high crime. It's more dangerous than Chicago. It has poorly achieving schools. It has no way access to job markets.
Weird how everyone isn't beelining to Centralia, Illinois to capitalize on these opportunities. It definitely isn't 50 years of continuous declining population driving these bargains.
"How can there be a housing crisis when there are houses available for $1 in Pontiac, MI?"
"People don't want houses in random small towns with few local jobs, so the housing shortage isn't real" continues to be a bullshit claim every time it comes up.
Yeah: It's a 128 year old home in a small town in the middle of nowhere. Hit it up in street view and look at the dilapidated neighborhood in the dying town it sits in, surrounded by a 50 mile radius of farm land.
Unlike ancient European masonry homes in some of the most passive of climates globally, a 128 year old wood construction house in the central United States is not desirable for most people. This one is in a location that gets hot summers and cold winters. Homes of this age come with substantial upkeep and modernization costs, they lack modern amenities like central air and heating, good insulation, or even a kitchen that fits normal modern appliances, they creak everywhere and are drafty, floors aren't level or are warping, they have a distinctive odor that's impossible to remove, and they harbor surprises from all sorts of things that the last 7 generations of owners did for themselves over the decades. My family has owned similar properties in Missouri. The price is reflective of the market demand, not the losses the owner dumped into it.
Situated in a town with a population of 12,000. Maybe you could retire here (if you're willing to leave behind all of your connections), but you almost certainly aren't finding a job here that still makes this look affordable.
https://www.neighborhoodscout.com/il/centralia/crime#descrip...