500 N Main St, Benton, IL, 62812
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1921
Materials
- Foundation: Block
- Roof: Composition,Other
- Construction materials: Masonite
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Quadruplex
Interior
Appliances
- Appliances included: Gas Water Heater,Range,Refrigerator,Water Heater
- Laundry features: None
Basement
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Heating features: Electric
Interior Area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Details
- Parcel number: 0818190003
Lot
- Lot size: 0.31 Acres
- Features: Corner Lot
- Lot size dimensions: 90 x 150
Parking
- Total spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Earthquake
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Hail
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $695 | $8,340 |
| Home Insurance * | $306 | $3,672 |
| Property Taxes | $135 | $1,620 |
| Electricity | $161 | $1,938 |
| Total | $1,297 | $15,564 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $139,900 |
| 2021-10-20 | Sold | $78,000 |
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