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500 N Main Street, Benton, IL 62812

$139,900

2,100 sq ft
MLS# 1265503
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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 Details

City
Benton
County
Franklin
Subdivision
None
Schools
  • Benton
  • Benton
  • Benton Consolidated High School
Type
Residential Income
Garage
  • Other
New Construction
No
Square Ft.
2,100
Acres
0.309
Apx Lot Size
90 x 150
Year Built
1921

Features

Roofing
  • Composition
  • Other
Garage/Parking
  • Other
Basement
  • Unfinished
Heating/Cooling
  • Electric
  • Gas Water Heater
  • Wall Unit(S)
  • Window Unit(S)
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Paved
Laundry Facilities
  • None

Financials

2024 Taxes
2991.04
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Indigo Realty LLC, Alysa Bunting, as of 04/10/2026 15:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.