500 N Main St

Benton, IL 62812

$139,900
Price
—
Beds
—
Baths
2,100 Sq. Ft.
$67 / Sq. Ft.
2,100
Sq. Ft.
$67
per Sq. Ft.
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Description

Great opportunity to own a 4-unit income-producing property in the heart of Benton, Illinois. Located at the corner of Main Street and Joplin Street, this property offers strong visibility and convenient access to shopping, dining, and everyday amenities. Each unit features a 1-bedroom, 1-bath layout, ideal for tenants seeking simple, affordable living. Three units are currently rented, providing immediate income, while the fourth unit has been recently remodeled and is ready for a new tenant or...Great opportunity to own a 4-unit income-producing property in the heart of Benton, Illinois. Located at the corner of Main Street and Joplin Street, this property offers strong visibility and convenient access to shopping, dining, and everyday amenities. Each unit features a 1-bedroom, 1-bath layout, ideal for tenants seeking simple, affordable living. Three units are currently rented, providing immediate income, while the fourth unit has been recently remodeled and is ready for a new tenant or potential owner-occupant. A standout feature is the 22 x 40 detached 4-car garage, offering additional income potential. This space could be leased for storage, used for tenant parking at an added fee, or repurposed for other rental uses—creating an opportunity to increase overall cash flow. Located just minutes from Rend Lake, this property benefits from nearby outdoor recreation, including boating, fishing, and seasonal tourism, adding to tenant appeal. Whether you're expanding your portfolio or entering the multi-family market, this property offers steady occupancy, added income potential, and a convenient in-town location. Schedule your showing today and explore the possibilities this Benton investment has to offer.
  1. Listed by Alysa Bunting • Indigo Realty LLC
    P: (618)-534-0303 abunting76@hotmail.com

Property Details for 500 North Main Street

Parking Total
4.0
Subdivision Name
None
LISTING UPDATED: 04/17/2026 03:01 PM

Property Details for 500 North Main Street

StatusActive
MLS #PA1265503
Days on Market47
Taxes$2,991 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1921
Lot Size0.31 AC / 13,460 SF
CountyFranklin County
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Location

Listing Courtesy of Indigo Realty LLC
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Building Information for 500 North Main Street

Stories-Residences4Year Built1921Building Size-Lot Size0.31 AC / 13,460 SF

Payment Calculator

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$946 per month

30 year fixed, 6.36% Interest

Principal and Interest

$697

Property Taxes

$249

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 500 North Main Street

Summary
Location and General Information
  • City: Benton
  • County Or Parish: Franklin
  • Directions: In Benton, from the square, exit onto North Main. Turn right onto Joplin Street. The property is at the corner of North Main and Joplin Street.
  • Latitude: 38.00261055
  • Longitude: -88.92030154
  • MLSArea Minor: PAAR Area
  • Postal Code: 62812
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 08-18-190-003
  • Tax Annual Amount: $2,991
  • Tax Legal Description: SEC 18 TWP 06 RNG 03 SUB DIV PT SE NW LOT A
  • Tax Year: 2024
School Information
  • Elementary School: Benton
  • High School: Benton Consolidated High School
  • Middle Or Junior School: Benton
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Quadruplex
  • Building Area Total: 2100.0
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.309
  • Lot Size Dimensions: 90 x 150
  • Number Of Units Total: 4
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1921
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 4
  • Numberof Water Meters: 4
  • Water Sewer Expense: $480
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Composition, Other
  • Construction Materials: Masonite
Interior Features
  • Basement: Unfinished
  • Heating: Electric, Gas Water Heater, Wall Unit(s), Window Unit(s)
  • Laundry Features: None
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 4
  • Number Of Ranges: 4
  • Numberof Refrigerators: 4
  • Number Of Washers: 0
  • Number Of Water Heaters: 4
  • Number Of Window Units: 4
  • Operating Recording Device: Audio & Video
Multi Family
Income & Expenses
  • Electric Expense: $144
  • Gross Income: $22,080
  • Gross Scheduled Income: $22,080
  • Insurance Expense: $2,985
  • Maintenance Expense: $1,200
  • Manager Expense: $0
  • Net Operating Income: $13,500
  • Operating Expense: $5,589
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $780
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: Sewer, Water

Property History for 500 North Main Street

DateEvent & SourcePriceAppreciation
Apr 10, 2026

Listed (Active)

RMLS ALLIANCE #PA1265503

$139,900—
Oct 20, 2021

Closed

RMLS ALLIANCE #EB441632

$78,000—
Oct 20, 2021

Closed

MRED #441632

$78,000—
DateEvent & SourcePrice
04/10/2026

Listed (Active)

RMLS ALLIANCE #PA1265503

$139,900
10/20/2021

Closed

RMLS ALLIANCE #EB441632

$78,000
10/20/2021

Closed

MRED #441632

$78,000

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

Public Records for 500 North Main Street

Taxable ValueLand$14,845Additions$19,895Total$34,740
Tax Record2023$2,991 ($249 / month)
Home Facts
StyleOffice BuildingCountyFRANKLINAPN0818190003

Schools near 500 North Main Street

This home is within Benton Central Consolidated School District 47.
Rating
School
Type
Grades
Distance
Benton Grade School K-4
Public - PK to 4
Benton Grade School 5-8
Public - 5 to 8
Benton Cons High School
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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More information about 500 North Main Street, Benton, IL 62812

500 North Main Street is a multi-family home for sale in Benton, IL 62812. This property was listed for sale on April 10, 2026 by Indigo Realty LLC, it's currently listed at $139,900. It has been on the market for a total of 47 days and was last sold on October 20, 2021. 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. 500 North Main Street is a 0-bed, 0-bath, 2,100 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Indigo Realty LLC

Based on information submitted to the MLS GRID as of 04/17/2026 03:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.