• 81 days on site
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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.

Source: RMLS Alliance, MLS#: PA1265503

Listing provided courtesy of Indigo Realty LLCAlysa BuntingRMLS Alliance- MLS# PA1265503MLS Provider
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  • Property Type
    Residential Income
  • Lot
    0.31 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 500 N MAIN Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/29/2026Source: RMLS Alliance Price Reduction
$137,500 -1.7%
4/10/2026Source: RMLS Alliance Added to Database
April 10, 2026