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For sale
  • Price cut: $2.4K (5/29)
    $137,500

    500 N Main St, Benton, IL 62812

    4beds
    4baths
    2,100sqft
    : 
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    Multi Family, Quadruplex
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $65/sqft
    $-- HOA

    What's special

    Strong visibility
    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.
    84 days
    |
    217
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alysa Bunting 618-534-0303,

    Indigo Realty LLC

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1265503MLS LogoOriginating MLS: Peoria Area Association of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Electric
      Appliances
      • Included: Gas Water Heater, Range, Refrigerator, Water Heater
      • Laundry: None
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,100
      • Total interior livable area: 2,100 sqft

      Property

      Parking
      • Total spaces: 4
      Lot
      • Size: 0.31 Acres
      • Dimensions: 90 x 150
      • Features: Corner Lot
      Details
      • Parcel number: 0818190003

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Quadruplex
      Materials
      • Masonite
      • Foundation: Block
      • Roof: Composition,Other
      Condition
      • New construction: No
      • Year built: 1921

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Benton

      Financial & listing details

      • Price per square foot: $65/sqft
      • Annual tax amount: $2,991
      • Date on market: 4/10/2026
      • Cumulative days on market: 84 days
      • Tenant pays: Sewer, Water
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $912/mo

        Price history

        DateEventPrice
        5/29/2026Price change$137,500-1.7%$65/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265503 Report a problem
        4/10/2026Listed for sale$139,900+79.4%$67/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265503 Report a problem
        10/20/2021Sold$78,000$37/sqft
        Source: MRED as distributed by MLS GRID #EB441632 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62812

        Getting around

        65 / 100
        Somewhat Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Benton
        • Middle: Benton
        • High: Benton Consolidated High School

        Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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