Property profile

450 Illinois Ave Benton, IL 62812

OFF-MARKET
Other office properties
Property ID
US28-3568607
9.44 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 36,000-square-foot manufacturing facility located on 9.4 acres at the intersection of East Illinois Avenue and Industrial Park Road, north of Benton, Illinois. The building includes a 35,200-square-foot warehouse and a 1,400-square-foot office area. The warehouse provides 24-foot clear height and is served by six 14-foot overhead doors. The site is enclosed by an 8-foot-tall perimeter fence. The facility is approximately 2.4 miles from I-57 (exit 71) and less than one mile from the Benton Municipal Airport.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Lot 9.44 ac (411,206 SF)
APN 807426001
UPID US28-3568607

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

450 Illinois Ave Benton, IL 62812-1997
Benton metro Census 40500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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