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    450 E Illinois Ave Benton, IL 62812

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    For Sale
    $395,000

    Manufacturing facility on 9.4 acres near I-57 and airport.

    Property size:
    36,600 SF
    Lot size:
    9.40 Acres

    Property Features for 450 E Illinois Ave

    General Information

    Size
    36,600 SF
    Lot size
    9.40 Acres

    Source: BARBERMurphy Agent Steve C Zuber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    36,000 SF Manufacturing Facility

    This 36,000 square foot manufacturing facility is situated on 9.4 acres. The property includes a 35,200 square foot warehouse and a 1,400 square foot office area. The warehouse features a 24-foot clear height and is equipped with six 14-foot overhead doors. A perimeter fence, standing 8 feet tall, surrounds the property. Located north of Benton, Illinois, at the intersection of East Illinois Avenue and Industrial Park Road, the building is approximately 2.4 miles from I-57 (exit 71) and less than a mile from the Benton Municipal Airport. The property is being sold by court order to partially satisfy a plaintiff’s judgment. The contract will be court approved, and the sale will not be subject to any right to redeem. The purchaser will receive a title free and clear as provided by law.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Franklin
    State
    Illinois
    Longitude
    -88.915209
    Latitude
    38.016512

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    FAQs

    What type of property is this?
    Manufacturing property - Manufacturing facility on 9.4 acres near I-57 and airport.
    Where is this manufacturing property located?
    The property is located at 450 E Illinois Ave Benton, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Court-ordered sale ensures title free and clear with no redemption rights.; - **Large 36,000 SF manufacturing facility on 9.4 acres.**; - Excellent location: 2.4 miles from I-57 and less than a mile from Benton Municipal Airport.
    (618) 277-4400
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    450 E Illinois Ave 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
    450 E Illinois Ave Benton, IL 62812
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