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500 N Main Street Benton, IL 62812 Multi Unit - Multiple Active

New - 12 Hours Ago
  • 500 N Main Street, Benton, IL 62812 Main Photo

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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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Franklin
High School: Benton Consolidated High School
Subdivision: None
Listed By:
Indigo Realty LLC
RMLSA
$139,900
Est. $957/mo
New to the Market Active
BEDS0 BATHS0 MLS#PA1265503
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNone SCHOOLBenton Consolidated High School

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500 N Main Street, Benton, IL 62812.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $139,900$139,900$139,900
Down Payment $27,980$4,897$34,975
Monthly Mortgage Amount $662$824$857
Taxes $195$195$195
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$62$0
Monthly Estimated Total $957$1,181$1,152

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