Off market dec 2024 for $295K

—

•

3,108

sq ft

2501 W Monroe St, Springfield, IL 62704

About this home

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.

Multi-familyProperty Type

2019Year Built

0.29 acresLot Size

$95Price/Sq.Ft.

8 spacesParking

Listed by Melissa Vorreyer • RE/MAX Professionals

Bought with • RE/MAX Professionals

Redfin checked: a few seconds ago

•Source:RMLSA as Distributed by MLS Grid #CA1032755

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 62704, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.3%

0.5% MoM

Median sale price

$193K

$3K MoM

Avg. days on market

1 days MoM

Recently sold homes

185

11 MoM

New listings for sale

OPEN TODAY, 1PM TO 2:30PM
$149,900
2 beds2 baths1,122 sq ft
1301 S Douglas Ave Unit C, Springfield, IL 62704
OPEN TODAY, 1PM TO 3PM
$250,000
4 beds2 baths2,066 sq ft
200 Saxon Dr, Springfield, IL 62704
$389,900
2 beds2 baths1,856 sq ft
2214 Charlack Ave Unit B, Springfield, IL 62704
$499,900
4 beds3 baths3,351 sq ft
2517 Country Club Dr, Springfield, IL 62704
$445,000
5 beds2 baths3,407 sq ft
2312 Sylvan Rd, Springfield, IL 62704
FOR SALE BY OWNER
$115,000
2 beds1 bath— sq ft
1912 Holmes Ave, Springfield, IL 62704
$134,000
4 beds2 baths1,450 sq ft
2027 S College St, Springfield, IL 62704
COMING SOON
$154,900
3 beds1.5 baths1,638 sq ft
425 S Park Ave, Springfield, IL 62704
$249,900
3 beds2.5 baths2,097 sq ft
1935 South Park Ave, Leland Grove, IL 62704
$159,900
2 beds1.5 baths1,235 sq ft
18 Redwood Ln, Springfield, IL 62704
See all

Provided by Redfin

Sale history for 2501 W Monroe St

Year

Property tax

Land + Additions

Assessment*

2025

$7,799 (+9.1%)

$30,602 + $65,722

$96,324

2024

$7,150 (+4.0%)

$28,540 + $56,579

$85,119

2023

$6,874 (+4.0%)

$26,069 + $51,680

$77,749

2022

$6,609 (+3.4%)

$24,729 + $49,023

$73,752

2021

$6,390 (+2.0%)

$23,803 + $47,187

$70,990

2020

$6,263 (+29.5%)

$23,839 + $47,258

$71,097

2019

$4,837 (−4.0%)

$23,756 + $31,998

$55,754

2018

$5,040 (+2.1%)

$23,627 + $36,024

$59,651

2017

$4,936 (+2.0%)

$23,321 + $35,558

$58,879

2016

$4,838 (+4.9%)

$22,981 + $35,039

$58,020

2013

$4,614

$22,559 + $34,396

$56,955

Tax history for 2501 W Monroe St

Year

Property tax

Land + Additions

Assessment*

2025

$7,799 (+9.1%)

$30,602 + $65,722

$96,324

2024

$7,150 (+4.0%)

$28,540 + $56,579

$85,119

2023

$6,874 (+4.0%)

$26,069 + $51,680

$77,749

2022

$6,609 (+3.4%)

$24,729 + $49,023

$73,752

2021

$6,390 (+2.0%)

$23,803 + $47,187

$70,990

2020

$6,263 (+29.5%)

$23,839 + $47,258

$71,097

2019

$4,837 (−4.0%)

$23,756 + $31,998

$55,754

2018

$5,040 (+2.1%)

$23,627 + $36,024

$59,651

2017

$4,936 (+2.0%)

$23,321 + $35,558

$58,879

2016

$4,838 (+4.9%)

$22,981 + $35,039

$58,020

2013

$4,614

$22,559 + $34,396

$56,955

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Sangamon County

APN

14310326007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

R-5(B)

General Residence and Office District

These districts are designed to provide for all the facilities permitted in the R-3 general residence districts plus administrative, professional, and business offices. The districts are mapped in relation to areas that are developing into office centers with emphasis on accessibility to major streets and related functions, such as major business areas, hospitals, clinics, and apartments utilized by office employees and administrative personnel.

Permitted uses

Include but are not limited to:

Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Office
Medical office
Library
Museum / gallery

Property details

Parking

Parking Information
Parking Total: 8
Parking Features: Carport, Detached

Interior

Heating & Cooling
Heating: Electric, Forced Air, Central Air

Room Information
Basement: Crawl Space

Interior Features
Laundry Features: Owned Equipment, Private, Units Hook-Ups

Exterior

Property Type
Property Sub Type: Residential Income

Exterior Features
Roof: Shingle

Property Information
Property Sub Type: Residential Income

Lot Information
Lot Features: Level
Lot Size Dimensions: 178.55 x 70
Road Surface Type: Paved

Building Information
Is New Construction: No
Building Area Total: 3108

Financial

Tax Information
Tax Year: 2023
Tax Annual Amount: 6873.88
Tax Legal Description: PT L4&70X178.55 MONROE PK SUB SW 31-16-5

Utilities

Utility Information
Water Source: Public Sewer, Public

Location

Multi-Unit Information
Units: 4

Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 1
Unit 1 Parking Spaces: 2
Unit 1 Uncovered Parking Spaces: 1
Unit 1 Actual Rent: 850
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 2

Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Half Bathrooms: 0
Unit 2 Covered Parking Spaces: 1
Unit 2 Parking Spaces: 2
Unit 2 Uncovered Parking Spaces: 1
Unit 2 Actual Rent: 800
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 2

Unit 3 Information
Unit 3 Full Bathrooms: 1
Unit 3 Half Bathrooms: 0
Unit 3 Covered Parking Spaces: 1
Unit 3 Parking Spaces: 2
Unit 3 Uncovered Parking Spaces: 1
Unit 3 Actual Rent: 900
Unit 3 Type: Unit 3
Unit 3 Bedrooms: 2

Unit 4 Information
Unit 4 Full Bathrooms: 1
Unit 4 Half Bathrooms: 0
Unit 4 Covered Parking Spaces: 1
Unit 4 Parking Spaces: 2
Unit 4 Uncovered Parking Spaces: 1
Unit 4 Actual Rent: 950
Unit 4 Type: Unit 4
Unit 4 Bedrooms: 2

School Information
High School: Springfield District #186

Location Information
Directions: Veterans to East on Monroe to small drive entering off Monroe on the North side of Rd.
Subdivision Name: None
MLS Area Minor: Springfield

Community Information
Laundry Features: Owned Equipment, Private, Units Hook-Ups
Units: 4

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.28 acres
Style: Other
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 14310326007

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
MLS Area Minor: Springfield
Standard Status: Closed

Home Information
Building Area Total: 3108
Structure Type: Quadruplex
Year Built: 2019

Information for Agents
Attribution Contact: Mobl: 217-652-0875

Around this home

Schools

Dubois Elementary School

Public K-5 • Assigned • 1.7mi

3/10

U S Grant Middle School

Public 6-8 • Assigned • 1.1mi

2/10

Springfield High School

Public 9-12 • Assigned • 2.2mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 hot days expected this year, 21 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Springfield, IL • 62704

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

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Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Springfield. 3 minutes to get started.

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New listings for sale in 62704

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Home values near 2501 W Monroe St

Data from public records.

Address	Redfin Estimate
2529 West Monroe St, Springfield, IL 2 Beds \| 1 Baths \| 910 Sq. Ft.	$63,596
2523 West Monroe St, Springfield, IL 2 Beds \| 1.5 Baths \| 960 Sq. Ft.	$90,139

Address	Redfin Estimate
2549 West Monroe St, Springfield, IL 2 Beds \| 1 Baths \| 944 Sq. Ft.	$66,578
2537 West Monroe St, Springfield, IL 2 Beds \| 1 Baths \| 912 Sq. Ft.	$69,426

Address	Redfin Estimate
2539 West Monroe St, Springfield, IL 2 Beds \| 1 Baths \| 910 Sq. Ft.	$79,034
2533 West Monroe St, Springfield, IL 2 Beds \| 1 Baths \| 893 Sq. Ft.	$63,024

Property information provided by RMLSA as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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