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    221 Main St Benton, IL 62812

    For Sale
    $209,000

    Versatile Commercial Property; Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 221 N Main Street in Benton, Illinois, 62812, presents a unique investment opportunity. Priced at $209,000, the property boasts a versatile layout ideal for a variety of business uses. The building includes a storefront/office area, a substantial warehouse, and ample storage space, catering to diverse operational needs. A key feature is the inclusion of a gated lumberyard, enhancing security and providing convenient storage for materials. Situated on land in a high-traffic area just off North Main Street, this property offers excellent visibility and accessibility, ensuring strong potential for customer traffic and business growth. The property's location within the bustling commercial district of Benton, Franklin County, Illinois, provides easy access to local amenities and transportation routes. This combination of features makes this property an attractive option for entrepreneurs and investors seeking a well-positioned commercial space with significant potential. The property's zoning and permitted uses should be verified independently.

    Property Features for 221 Main St

    General Information

    Property type
    Distribution properties

    HighLights

    • $209,000 asking price.
    • Versatile commercial property encompassing land, office, retail, and industrial space.
    • Located at 221 N Main Street, Benton, IL 62812.
    • Features a storefront/office, warehouse, and substantial storage.
    • Includes a gated lumberyard.
    • Excellent visibility and accessibility in a high‑traffic area.
    Property Profile Insight Report 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
    -88.9208088
    Latitude
    37.9988872

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    FAQs

    What type of property is this?
    Distribution property - Versatile Commercial Property; Prime Location
    Where is this distribution property located?
    The property is located at 221 Main St Benton, IL.
    What is the asking price?
    The asking price for this property is $209,000.
    What are key features of this property?
    This property features: $209,000 asking price.; Versatile commercial property encompassing land, office, retail, and industrial space.; Located at 221 N Main Street, Benton, IL 62812.
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    221 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
    221 Main St Benton, IL 62812
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