500 N Main Street, Benton, IL 62812

$129,900

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List Price
$129,900
Price Change
▼ $7,600 1787954873
MLS#
PA1265503
Status
ACTIVE
Acres
0.31
Year Built
1921
Municipality
PAAR Area
County
Franklin
Listing Type
Multifamily

Property Description

Great opportunity to own a 4-unit income-producing property in the heart of Benton, Illinois. Located at the corner of Main Street and Joplin Street, this property offers strong visibility and convenient access to shopping, dining, and everyday amenities. Each unit features a 1-bedroom, 1-bath layout, ideal for tenants seeking simple, affordable living. Three units are currently rented, providing immediate income, while the fourth unit has been recently remodeled and is ready for a new tenant or potential owner-occupant. A standout feature is the 22 x 40 detached 4-car garage, offering additional income potential. This space could be leased for storage, used for tenant parking at an added fee, or repurposed for other rental uses—creating an opportunity to increase overall cash flow. Located just minutes from Rend Lake, this property benefits from nearby outdoor recreation, including boating, fishing, and seasonal tourism, adding to tenant appeal. Whether you're expanding your portfolio or entering the multi-family market, this property offers steady occupancy, added income potential, and a convenient in-town location. Schedule your showing today and explore the possibilities this Benton investment has to offer.

Additional Information

Elementary School
Benton
Jr. High School
Benton
Sr. High School
Benton Consolidated High School
Heating
Electric, Gas Water Heater, Wall Unit(s), Window Unit(s)

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Alysa Bunting (abunting76@hotmail.com) from Listing Office: Indigo Realty LLC.