423 W Monroe, Springfield, IL 62704
About this home
POTENTIAL ABOUNDS IN THIS 18 UNIT ALL BRICK APARTMENT BUILDING LOCATED JUST A COUPLE OF BLOCKS FROM THE CAPITAL BUILDING IN DOWNTOWN SPRINGFIELD. PRICED ACCORDINGLY THIS BUILDING WILL NEED EXTENSIVE UPDATING AND REMODELING. CURRENT ZONING IS R-5 WHICH IS FOR GENERAL RESIDENCE, SINGLE FAMILY, OR OFFICE SPACE. IT WILL REQUIRE A VARIANCE FROM THE CITY BEFORE REMODELING BECAUSE OF THE LACK OF PARKING. POSSIBLE LEASABLE PARKING NEARBY.
Redfin Estimate
Market trends in 62704, IL
Last updated September 2026
Buyer's Market
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+0.2% MoM
$6K MoM
0 days MoM
10 MoM
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Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 10.2 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.
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