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    1201 Public Sq Benton, IL 62812

    For Sale
    $170,000

    Prime Benton, IL Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional $170,000 commercial property, located at 1201 Public Square in Benton, Illinois (zip code 62812), presents a unique investment opportunity. Situated on the Benton Public Square, this well-maintained building, constructed in 1975, offers versatile usage potential. The property is categorized as land, office, and retail space, suitable for a variety of commercial ventures, including medical offices and restaurants. The single building sits on a lot in Franklin County, Illinois, providing convenient access to the city's amenities and infrastructure. Its central location on the Public Square ensures high visibility and accessibility for potential customers. The property's classification as commercial, medical office, and restaurant space reflects its adaptability to diverse business needs. This is an excellent opportunity for entrepreneurs and investors seeking a well-established location in a thriving community. The property's age suggests a potential for renovation or modernization, allowing for customization to suit specific business requirements. Further details regarding the property's square footage and specific zoning regulations are available upon request. This prime location offers significant potential for growth and return on investment. Don't miss this chance to acquire a valuable asset in the heart of Benton, Illinois.

    Property Features for 1201 Public Sq

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1975
    Buildings
    1

    HighLights

    • $170,000 asking price.
    • 1975‑built, single‑building property.
    • Located at 1201 Public Square, Benton, IL 62812.
    • Property type: Land, Office, Retail; Subtype: Commercial, Medical Office, Restaurant.
    • Well‑maintained building on Benton Public Square.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sue's II Women'S Clothing Store

    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
    -88.9197788
    Latitude
    37.9969478

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    FAQs

    What type of property is this?
    Restaurant - Prime Benton, IL Commercial Land
    Where is this restaurant located?
    The property is located at 1201 Public Sq Benton, IL.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: $170,000 asking price.; 1975-built, single-building property.; Located at 1201 Public Square, 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
    1201 Public Sq Benton, IL 62812
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