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    502 Benton St Newark, IL 60541

    Sponsored
    For Sale
    $79,995

    Land - Newark, IL

    Lot size:
    1.12 Acres
    Days on Market:
    133
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 502 Benton St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0705354019
    Lot size
    1.12 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Brittany Zickus (630) 669-6318 License #475197951

    Listing date Aug 27, 2025

    MLS# 11869225 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark Vacant Lot For Sale

    This is a 1.12 acre vacant lot located in Newark, Illinois, with street access. The location is near restaurants and shopping. Access to Benton Street is off Route 71, with a short drive to downtown Yorkville. Existing homes are located on either side of this vacant lot. There are 2 separate lot PINs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Gym & Fitness Auto Repair Shop Pharmacy Wholesale Shop Department Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Kendall
    State
    Illinois
    Longitude
    -88.577237
    Latitude
    41.531609

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    FAQs

    What type of property is this?
    Land - 1.12 acre vacant lot in Newark, Illinois.
    Where is this land located?
    The property is located at 502 Benton St Newark, IL.
    What is the asking price?
    The asking price for this property is $79,995.
    What are key features of this property?
    This property features: - 1.12 acre vacant lot; - Prime location minutes from restaurants and shopping; - Street access
    (708) 674-0218
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    502 Benton St Newark, IL 60541
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    Newark, IL 60541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Benton St Newark, IL 60541
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