1522 Main St Benton, IL 62812-2063
This substantial 17,000 square foot commercial building presents a compelling investment opportunity. Situated on a 1.04-acre lot at 1522 N Main Street, Benton, Illinois, this property offers significant potential for long-term income generation. Currently leased at $2,500 per month, the lease agreement extends through December 2026, providing immediate and predictable cash flow. The building's expansive size allows for diverse uses, catering to a variety of commercial ventures. Its prominent location at the north edge of Benton ensures high visibility and accessibility. The substantial lot size offers ample parking and potential for future expansion or development. This property is an ideal choice for investors seeking a stable, high-return investment with a secure lease in place. The current lease provides a strong foundation for future growth and profitability, making this a rare opportunity in the Benton commercial real estate market. The property's size and location make it a highly attractive proposition for a wide range of businesses. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.