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    123 Main St Benton, IL 62812

    Sponsored
    For Sale
    $75,000

    Downtown Benton, IL - High-Traffic Location

    Property size:
    2,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,300 square foot commercial building presents a unique investment opportunity in the heart of Benton, Illinois. Ideally situated on a 0.15-acre lot at 123 E Main Street, this property boasts a prime location just one block east of the public square and the new Franklin County courthouse, and a mere three blocks from the Federal court. The building's strategic placement ensures high visibility and accessibility, making it an attractive proposition for a variety of businesses. Previously utilized as an attorney's office with a beauty/barber shop at the front, the versatile layout is well-suited for a range of professional office uses. The building's solid construction ensures durability and longevity, offering a stable foundation for any future tenant or owner. Its adaptable interior space allows for customization to meet specific business needs. The high foot traffic generated by the proximity to the courthouse and public square translates to significant potential for increased customer interaction and brand awareness. This property represents a rare chance to acquire a well-established commercial space in a thriving downtown area, offering both immediate occupancy and long-term growth potential. The asking price of $75,000 makes this an exceptionally competitive offering in the current market. Don't miss this opportunity to secure a valuable asset in a rapidly developing area.

    Property Features for 123 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,300 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Franklin
    State
    Illinois
    Longitude
    -88.91895
    Latitude
    37.99697

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Benton, IL - High-Traffic Location
    Where is this commercial real estate located?
    The property is located at 123 Main St Benton, IL.
    What is the asking price?
    The asking price for this property is $75,000.
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    123 Main St 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
    123 Main St Benton, IL 62812
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