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500 N Main Street

Benton, IL 62812

$137,500 $579/Mo

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Overview

Bed

Bath

0.31

Acre(Lot)

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. Loc ated 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.

Property Details

Property Type : Residential Income

Price : $137,500

AD Id : 76983008

MLS Id : PA1265503

Lot Size : 0.31 Acre

Year Built : 1921

County : Franklin

Map

What's Nearby

Nearby Areas

Features

Room Information

Has Basement: Yes Basement: Unfinished
Roofing Information

Composition, Other
Interior Features

Roof: Composition, Other Appliances: Gas Water Heater, Refrigerator, Water Heater, Range Laundry Features: None
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Window Unit(s), Wall Unit(s)

Building Information

Year Built: 1921 Building Area Total: 2100 Construction Materials: Masonite Private Pool: No Association Fee Frequency: Monthly

Lot Information

Lot Dimensions: 90 x 150 Lot Size Acres: 0.309 Lot Description: Corner Lot

Property Information

Subdivision: None Source Property Type: Residential Income MLS Area Minor: PAAR Area Property SubType: Quadruplex Property Age: 105

Listing Price Information

Listing Price: $137500 Original Price: $139900

Tax Information

Parcel Number: 08-18-190-003 Tax Year: 2024 Annual Tax: $2991.04 Tax Legal Desc: SEC 18 TWP 06 RNG 03 SUB DIV PT SE NW LOT A

Parking Information

Parking Total: 4 Other

Homeowners Association Information
Has Association: Yes

School Information

Elementary School: Benton

Junior High School: Benton

Senior High School: Benton Consolidated High School
Location Information

Direction: In Benton, from the square, exit onto North Main. Turn right onto Joplin Street. The property is at the corner of North Main and Joplin Street. WaterSource: Public

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Based on information submitted to the MLS GRID as of 06/12/2026 @ 15:47. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 06/12/2026 @ 15:47

MLS: PA1265503 LISTED BY: Alysa Bunting, Indigo Realty LLC 618-534-0303 SOURCE: RMLS Alliance