218 Madison St

$40,000
Price
29,620 / 0.68
Lot Size / Acres

Description

Four equal 51' x 145' lots in town that total approximately 0.68 acres. This could be a great place to build your new home and have a nice sized yard, right in town! Located not just a couple of blocks from the Benton town square! All people viewing the property must sign a "Hold Harmless" document due to there being a possible rehab/project home currently on one of the lots. This home could be demolished with some items being salvageable (windows, doors, etc) and a new one put up in its place, or...Four equal 51' x 145' lots in town that total approximately 0.68 acres. This could be a great place to build your new home and have a nice sized yard, right in town! Located not just a couple of blocks from the Benton town square! All people viewing the property must sign a "Hold Harmless" document due to there being a possible rehab/project home currently on one of the lots. This home could be demolished with some items being salvageable (windows, doors, etc) and a new one put up in its place, or possibly salvage the entire home as it sits! Title search has already been performed and is ready to go, so closing could be very quick!
  1. Listed by Brittany • VIP Realty
    P: (618)-422-9292 C: (618)-218-7378 vipbrittanyneal@gmail.com

Property Details for 218 Madison Street

Area
Benton
Subdivision
None
Num Of Parking Spaces
0.0
Num of Interior Fireplaces
0
Zoning
Resid
LISTING UPDATED: 01/07/2026 06:01 PM

Property Details for 218 Madison Street

StatusActive
MLS #457381
Days on Market281
Taxes$1,516 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land
Year Built-
Lot Size0.68 AC
CountyFranklin County

Location

Listing Courtesy of VIP Realty
Add your commute

Building Information for 218 Madison Street

Lot Size0.68 AC

Payment Calculator

$321 per month

30 year fixed, 6.15% Interest

Principal and Interest

$195

Property Taxes

$126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 218 Madison Street

General Information
School Information
  • Elementary School: Benton
  • Jr High Middle School: Benton
  • High School: Benton Consolidated High School
Location and General Information
  • Frontage Type: Paved
Property Information
Interior Features
  • Num of Baths: 0.0
Utilities / Equipment
  • Utilities: Natural Gas Available
Property/Lot Information
  • Lot Dimensions: 204 x 145
  • Other Structures: Second Residence
Property and Assessments
  • Buyer Financing: Cash, Conventional
  • Public Document Count: 4
  • Photos Count: 0
Virtual Tour/Additional Media
  • Virtual Tour YN: No

Property History for 218 Madison Street

DateEvent & SourcePriceAppreciation
Apr 3, 2025

Listed (Active)

MRED #457381

$40,000
Apr 2, 2025

Withdrawn

RMLS ALLIANCE #EB457381

$40,000
DateEvent & SourcePrice
04/03/2025

Listed (Active)

MRED #457381

$40,000
04/02/2025

Withdrawn

RMLS ALLIANCE #EB457381

$40,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 218 Madison Street

Taxable ValueLand$6,795Additions$1,540Total$8,335
Tax Record2023$718 ($60 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyFRANKLINAPN0818416013

Schools near 218 Madison Street

This home is within Benton Central Consolidated School District 47.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Benton Grade School K-4
PublicPK to 4

Benton Grade School 5-8
Public5 to 8

Benton Cons High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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218 Madison Street is a 0.68 ac of land for sale in Benton, IL 62812. This property was listed for sale on April 3, 2025 by VIP Realty, it's currently listed at $40,000. This listing's school districts are Benton Central Consolidated School District 47, Benton Cons Hsd 103 School District. Nearby schools include Benton Grade School K-4, Benton Grade School 5-8 and Benton Cons High School. 218 Madison Street is a 0-bed, 0-bath, 0.68 ac of land on a 29,620 sq. ft. / 0.68 acres lot.

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Listing Courtesy of VIP Realty

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.