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Sold on 05/28/2022
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726 W Monroe St, Springfield, IL 62704

  • $85,000

    Last sold 05/28/2022 for $58K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 726 W Monroe St

Property type Multi-family
Neighborhood
Year built 1885
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Utilities separate for elec and gas but owner pays and includes in rent. cwlp figure includes water/sewer. Downstairs unit is 1 bed, 1 ba and rents for $650/mo. Tenant has been there 3 years and now mo-mo. Upstairs unit is 1 bed, 1 ba and rents for $600/mo. Tenant has also been there 3 years and now mo-mo. Vinyl siding done in 2019. New roof 2013 Good furnaces. Water heaters 2013 Upstairs unit is on it's own breaker box in the unit and has all updated electric. New water main in 2013, new windows 2019, all plumbing leads replaced 2015-2019. Up and down water leads are separate but need a 2nd water main to split costs. Convenient location and easy to rent.
Listed by
Listing Office - Century 21 Real Estate Assoc
Source: RMLS Alliance mls logo
MLS#CA1009921 • last updated 4 years ago
Movoto checked RMLS Alliance for data 1 minute ago
Overview
Heating Forced Air, Gas
Levels/Style Two Or More Story, Duplex
MLS # CA1009921
Status Sold
SubType Residential Income
Property Tax 1263.72
Year Built 1885
Exterior
Roof Shingle
Construction Vinyl Siding
Parking On Street
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
Elementary School Elizabeth Graham
Middle School Benjamin Franklin
High School Springfield
APN 14330131002
Directions On South Side Of Monroe Between MacArthur And Walnut
Multifamily Details
Total # of Units 2
Net Operating Income 7914
Expense: Operating 7086
Expense: Manager 600
Expense: Trash 258
Gross Income 15000
Expense: Electricity 3328
Gross Scheduled Income 15000
Lot/ Land Details
Road Surface Paved
$85K
Range: $43.3K-$126K
Last 30 days 
Rental est.: $924/month
Gross rent multiplier: 5.2 - Great
  • May 2022
    Public Records
  • May 31, 2022 Sold
    $58,000
  • 726 W Monroe St
    $58K
  • Historic West-Side
    $160K +9% y/y
  • 62704
    $207K +9% y/y
  • Springfield
    $187K +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Springfield High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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