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    221 Main St Benton, IL 62812

    Sponsored
    For Sale
    $203,000

    Versatile Commercial Space, High Visibility

    Property size:
    1,970 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 221 N Main Street in Benton, Illinois, offers 1,970 square feet of prime commercial space. The property boasts a highly visible storefront/office area, perfect for customer interaction and business operations. In addition to the storefront, a substantial warehouse area provides ample room for storage or manufacturing, depending on the business needs. Further enhancing the property's utility is significant additional storage space, ideal for inventory or equipment. A key feature is the inclusion of a gated lumberyard, offering secure storage and operational efficiency. The property sits on a 0-acre lot, providing convenient access and ample space for loading and unloading. Its location just off North Main Street ensures high visibility and accessibility, making it an attractive option for a wide range of businesses. This property presents a unique opportunity for entrepreneurs and investors seeking a versatile and well-located commercial space in a thriving area of Benton. The asking price is $203,000. This is an exceptional investment opportunity in a bustling commercial area. The property's combination of storefront, warehouse, and secure storage makes it suitable for a variety of commercial uses. Don't miss this chance to acquire a well-positioned and functional commercial property in Benton, Illinois.

    Property Features for 221 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,970 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Stotlar-Herrin Lumber Co.,inc. Lumber Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Franklin
    State
    Illinois
    Longitude
    -88.92094
    Latitude
    37.99886

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Space, High Visibility
    Where is this commercial real estate located?
    The property is located at 221 Main St Benton, IL.
    What is the asking price?
    The asking price for this property is $203,000.
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    221 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
    221 Main St Benton, IL 62812
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