$77,900
$12K PRICE DROP

420 N Main St Unit 5 Benton, IL 62812

Estimated payment $513/month

Total Views 18,899
-- Bed
-- Bath
3,691 Sq Ft
$21 Price per Sq Ft

About This Home

Large apartment building with 4 - 1-bedroom units with appliances and 1 studio apartment no appliances. Potential for another studio apartment with a fireplace and French doors. New replacement windows have been installed throughout. Some new flooring in units. Roof was installed within the last 7 years. Large yard perfect for outdoor space for all renters. Lots of parking. Great exposure for a business building if desired. Currently all most units are under construction. So much potential!!! AS IS

Listing Agent

Lynette Ing

MCCOLLUM REAL ESTATE License #475163074 Listed on: 02/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1909

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 199x80

Home Design

  • 3,691 Sq Ft Home
  • Block Foundation

Utilities

  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Separate Meters

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $1,200
  • Operating Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1909
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Sec 18 Twp 06 Rng 03 Mattie Joplins 1st Add Lot 2 Ex 10' off E End
  • Information: Show-Call Listing Office,Othr-Call List Agent
  • Estimated Age: Older
  • Actual Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 0
  • Dishwashers: 0
  • Refrigerators: 5
  • Ranges: 4
  • Number of Washers: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Frontage Type: Paved

Utilities

  • Electric: Separate Meters
  • Heat/Ventilation: Baseboard,Electric,Wall Unit

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Lot Size Acres: 0.37
  • Lot Dimensions: 199x80
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 3691

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: -3651
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 2400

Tax Info

  • Tax Annual Amount: 1251

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,321 $15,345 $3,695 $11,650
2023 $1,251 $13,460 $3,240 $10,220
2022 $1,192 $12,235 $2,945 $9,290
2021 $1,106 $10,735 $2,585 $8,150
2020 $1,104 $10,920 $2,630 $8,290
2019 $1,078 $10,655 $2,565 $8,090
2018 $1,071 $10,710 $2,580 $8,130
2017 $1,057 $10,545 $2,540 $8,005
2016 $1,039 $10,270 $2,475 $7,795
2015 $995 $9,755 $2,350 $7,405
2014 $995 $10,050 $2,420 $7,630
2013 $953 $10,050 $2,420 $7,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 For Sale $89,900 -- $24 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: EB456722

Midwest Real Estate Data (MRED)

APN: 08-18-194-002