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Property profile & analytics

502 Bailey Ln Benton, IL 62812

  • Commercial real estate
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-4459055
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Surfside Car Wash / Car Wash

Property Details for 502 Bailey Ln

Property type
Commercial real estate
APN
818226001
APU
818226001

Description

This exceptional commercial property at 502 Bailey Lane, Benton, IL, presents a unique investment opportunity. The 2,700 square foot building formerly operated as Surfside Carwash and is being offered at an attractive price of $54,900. The car wash itself features four open bays and one automatic bay, along with two vacuum stations. While requiring some work to become fully operational, the sale includes uninstalled new parts, significantly reducing start-up costs. The property sits on a 2.39-acre lot, offering substantial room for expansion or the development of complementary businesses. The existing 0.75 acres currently occupied by the car wash leaves 1.64 acres available for additional ventures. Its prime location ensures high visibility and accessibility, making it an ideal spot for a variety of commercial uses. The existing structure provides a solid foundation for a quick return on investment, with the potential for significant future growth. The combination of a well-situated building, ample land, and included new parts makes this a compelling opportunity for an entrepreneur seeking a profitable venture in a thriving community. Don't miss this chance to acquire a valuable commercial property in a high-traffic area at a price designed to sell quickly.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Benton
County
Franklin
State
Illinois
Longitude
-88.9135
Latitude
38.0091

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,573
$6,945
$52,565
$59,510
-
$20,835
$157,695
$178,530
More about this property
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