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Sold on 12/19/2024
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2501 W Monroe St, Springfield, IL 62704

$295,000

Last sold 12/19/2024 after 52 Days

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    bed

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    bath

Multi-family not for sale
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About 2501 W Monroe St

Property type Multi-family
Neighborhood
Year built 2019
HOA fee $0/month
Rental estimate
Property description
Hard to find newer 4 plex less than 5 years old. Tenants will love heading home to this quiet and easy access apartment building. Starting with maintenance free composite siding and decking, nice paved carport covered parking and uncovered parking. All electric units including all appliances complete with full size washer and dryer laundry room in each unit. Tenants pay electric and cable/internet. Owner pays water, snow, grass, pest and garbage. Luxury vinyl throughout. Don’t miss this one.
Listed by
Listing Agent Contact: Mobl: 217-652-0875
Listing Office - RE/MAX Professionals
Source: RMLS Alliance mls logo
MLS#CA1032755 • last updated 1 year ago
Movoto checked RMLS Alliance for data 8 minutes ago
Overview
Heating Electric, Forced Air, Central Air
Levels/Style Quadruplex
MLS # CA1032755
Status Sold
SubType Residential Income
Property Tax 6873.88
Year Built 2019
Interior
Laundry Owned Equipment, Private, Units Hook-Ups
Exterior
Foundation Concrete
Roof Shingle
Construction Composition
Parking Carport, Detached
# of Parking Spaces 8
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Springfield District #186
APN 14310326007
Directions Veterans To East On Monroe To Small Drive Entering Off Monroe On The North Side Of Rd.
Multifamily Details
Total # of Units 4
Net Operating Income 28026
Expense: Water/Sewer 3000
Expense: Operating 7100
Expense: Manager 500
Expense: Maintenance 300
Expense: Trash 600
Gross Income 42000
Gross Scheduled Income 42000
Lot/ Land Details
Road Surface Paved
Rental est.: $915/month
Gross rent multiplier: 26.9
  • Dec 2024
    mls logo MLS # CA1032755
  • Dec 19, 2024 Sold
    $295,000
  • Oct 28, 2024 Pending
    —
  • Oct 28, 2024 Listed
    $300,000
  • Dec 2024
    Public Records
  • Dec 18, 2024 Sold
    $295,000 (-1.7%)
  • Year Property taxes Tax assessment
  • 2024
    $7,150 +4.0%
    $85,119 +9.48%
  • 2023
    $6,874 +4.0%
    $77,749 +5.42%
  • 2022
    $6,609 +3.4%
    $73,752 +3.89%
  • 2021
    $6,390 +2.0%
    $70,990 -0.15%
  • 2020
    $6,263 +24.3%
    $71,097 +27.52%
  • 2019
    $5,040
    $55,754 -6.53%
  • 2018
    $5,040 +2.1%
    $59,651 +1.31%
  • 2017
    $4,936 +2.0%
    $58,879 +1.48%
  • 2016
    $4,839 +1.0%
    $58,020 +1.21%
  • 2015
    $4,792 +1.5%
    $57,326
  • 2014
    $4,720 +2.3%
    —
  • 2013
    $4,615
    —
  • 2501 W Monroe St
    $295K
  • Springfield
    —
  • 62704
    $184K 0% y/y
  • Springfield
    $189K +3% y/y
No chart available
Statistics calculated by Movoto

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3/10
Dubois Elementary School
public Grades K-5
Springfield School District 186
2/10
U S Grant Middle School
public Grades 6-8
Springfield School District 186
5/10
Springfield High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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