103 West Reed Street

Benton, IL 62812

$145,000
Price
Beds
2,000 Sq. Ft.
$73 / Sq. Ft.
2,000
Sq. Ft.
$73
per Sq. Ft.

Description

4/12/2024 update: buyer backed out just before closing with zero explanation given. Duplex has been approved for fha loan and title work done! Just ready for you to buy it! Investment opportunity! This is a two level duplex in which the main level is one unit and the upper level is the second unit. Both units consist of 3 bedrooms and 1 bathroom, along with washer/dryer hookups, in each. The upper level is currently occupied by a long-standing tenant, and the main level is currently vacant for showings....4/12/2024 update: buyer backed out just before closing with zero explanation given. Duplex has been approved for fha loan and title work done! Just ready for you to buy it! Investment opportunity! This is a two level duplex in which the main level is one unit and the upper level is the second unit. Both units consist of 3 bedrooms and 1 bathroom, along with washer/dryer hookups, in each. The upper level is currently occupied by a long-standing tenant, and the main level is currently vacant for showings. Each unit has its own attached carport located on the west and east sides of the building. There is also a nice, private common backyard area for the tenants to enjoy. Prospective tenants can look forward to being located just off of Main Street, within close proximity of fast food, convenience stores, churches, restaurants, retail stores and more!
  1. Listed by Amy Dodd • VIP Realty • Phone: 618-422-9292

Property Details for 103 West Reed Street

Parking Total
6.0
Subdivision Name
Reed

Location

Listing Courtesy of VIP Realty
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LISTING UPDATED: 04/15/2024 03:01 PM

Property Details for 103 West Reed Street

StatusActive
MLS #EB450221
Days on Market166
Taxes$1,781 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1950
Lot Size0.19 AC / 8,276 SF
CountyFranklin County

Location

Listing Courtesy of VIP Realty
Add your commute

Building Information for 103 West Reed Street

Stories-Residences2Year Built1950Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$940 per month

30 year fixed, 7.25% Interest

Principal and Interest

$791

Property Taxes

$148

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 103 West Reed Street

Summary
Location and General Information
  • City: Benton
  • County Or Parish: Franklin
  • Directions: Take Main St North approximately 6 blocks to Reed St. Turn left/West onto Reed and property will be the only dwelling on the right within the first block.
  • Latitude: 38.004216
  • Longitude: -88.921352
  • MLSArea Minor: EBOR Area
  • Postal Code: 62812
  • State Or Province: IL
  • Zoning: commercial
Taxes and HOA Information
  • Parcel Number: 0818182003
  • Tax Annual Amount: $1,781
  • Tax Legal Description: Sec Twp Rng Reed 1st Add 75' E & W X 112' N & S Lot 21
  • Tax Year: 2021
School Information
  • Elementary School: Benton
  • High School: Benton Consolidated High School
  • Middle Or Junior School: Benton
Parking
  • Parking Features: Attached, Carport
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 2000.0
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Dimensions: 75 x 112
  • Number Of Units Total: 2
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Slab
  • New Construction: No
  • Year Built: 1950
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,320
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Composition, Vinyl Siding
Interior Features
  • Basement: None
  • Heating: Electric, Gas, Central Air
  • Laundry Features: Units Hook-Ups
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Heating Units: 2
  • Number Of Ranges: 1
  • Numberof Refrigerators: 1
  • Number Of Washers: 1
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $660
  • Maintenance Expense: $792
  • Manager Expense: $0
  • Net Operating Income: $-4,553
  • Operating Expense: $2,772
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 3
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 3
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: One Year or Less
  • Tenant Pays: Gas & Electric

Property History for 103 West Reed Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 103 West Reed Street

Taxable ValueLand$6,720Additions$12,995Total$19,715
Tax Record2022$1,921 ($160 / month)
Home Facts
StyleOffice BuildingCountyFRANKLINAPN0818182003

Schools near 103 West Reed 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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103 West Reed Street is a multi-family home for sale in Benton, IL 62812. This property was listed for sale on August 15, 2023 by VIP Realty, it's currently listed at $145,000. 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. 103 West Reed Street is a 0-bed, 0-bath, 2,000 sqft multi-family home built in 1950.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.