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    1522 Main St Benton, IL 62812

    For Sale
    $260,000

    High-yield investment, leased through 2026.

    Property size:
    17,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This substantial 17,000 square foot commercial building presents a compelling investment opportunity. Situated on a 1.04-acre lot at 1522 N Main Street, Benton, Illinois, this property offers significant potential for long-term income generation. Currently leased at $2,500 per month, the lease agreement extends through December 2026, providing immediate and predictable cash flow. The building's expansive size allows for diverse uses, catering to a variety of commercial ventures. Its prominent location at the north edge of Benton ensures high visibility and accessibility. The substantial lot size offers ample parking and potential for future expansion or development. This property is an ideal choice for investors seeking a stable, high-return investment with a secure lease in place. The current lease provides a strong foundation for future growth and profitability, making this a rare opportunity in the Benton commercial real estate market. The property's size and location make it a highly attractive proposition for a wide range of businesses. Serious inquiries are encouraged.

    Property Features for 1522 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,000 SF
    Lot Size
    45,302 SF

    Building Details

    Year Built
    1965
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Franklin
    State
    Illinois
    Longitude
    -88.92008
    Latitude
    38.0151

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment, leased through 2026.
    Where is this commercial real estate located?
    The property is located at 1522 Main St Benton, IL.
    What is the asking price?
    The asking price for this property is $260,000.
    Request Owner's contact information
    1522 Main St Benton, IL 62812
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    Benton, IL 62812
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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
    1522 Main St Benton, IL 62812
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