109 Main St Benton, IL 62812
Prime commercial real estate opportunity in Benton, Illinois. This listing presents a well-established bar and grill, "Sandy's Bar and Grill," located in the heart of downtown Benton, just off the square. The asking price is $124,000. The property includes the building situated on land, encompassing a fully operational bar and grill with all kitchen equipment included. A key feature is a separate, state-sanctioned gaming room, adding a significant revenue stream. Further enhancing the investment potential is a spacious three-bedroom apartment located upstairs, currently rented for $900 per month. The owner covers the utilities for this apartment. This turnkey operation offers an excellent chance for immediate income and the opportunity to be your own boss. The property is located at 109 E MAIN Street, Benton, IL 62812. The property type is classified as Land, Office, and Retail. This is a motivated seller situation, presenting a compelling investment opportunity in a thriving downtown location. The property's versatility, combining a successful business with rental income, makes it an attractive proposition for a variety of investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.