This home's estimate is 30.5% lower than the average sale price ($115K) of 6 comparable homes.
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726 W Monroe St, Springfield, IL 62704
About this home
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.

Redfin Estimate
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Market trends in 62704, IL
Last updated September 2026
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Sale history for 726 W Monroe St
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$31/sq ft
$35/sq ft
Tax history for 726 W Monroe St
*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
R-2
Single-Family and Duplex Residence District
The R-2 single-family and duplex residence district provides for single-family and two-family residential development on normal sized lots.Include but are not limited to:
- Community / recreation center
- Religious facility
- Housing-Single unit
- Housing-Multiple units
- Educational/school
- Golf related
- Sports arena / stadium
- Agriculture-Cropland
- Park & open space
Property details
Parking
- Parking Information
- Parking Total: 0
- Parking Features: On Street
Interior
- Heating & Cooling
- Heating: Forced Air, Gas
- Room Information
- Basement: Full
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: 41x86
- Road Surface Type: Paved
- Building Information
- Is New Construction: No
- Building Area Total: 1854
Financial
- Tax Information
- Tax Year: 2020
- Tax Annual Amount: 1263.72
- Tax Legal Description: E41' W84' L29 & E 41' W84' L30 B1 Doyles sub E 1/2 NE NW 33-16-5
Utilities
- Utility Information
- Water Source: Public Sewer, Public
Location
- Multi-Unit Information
- Units: 2
- Unit 1 Information
- Unit 1 Full Bathrooms: 1
- Unit 1 Half Bathrooms: 0
- Unit 1 Covered Parking Spaces: 0
- Unit 1 Actual Rent: 650
- Unit 1 Type: Unit 1
- Unit 1 Bedrooms: 1
- Unit 2 Information
- Unit 2 Full Bathrooms: 1
- Unit 2 Half Bathrooms: 0
- Unit 2 Covered Parking Spaces: 0
- Unit 2 Actual Rent: 600
- Unit 2 Type: Unit 2
- Unit 2 Bedrooms: 1
- School Information
- Elementary School: Elizabeth Graham
- High School: Springfield
- Middle Or Junior School: Benjamin Franklin
- Location Information
- Directions: On south side of Monroe between MacArthur and Walnut
- Subdivision Name: None
- MLS Area Minor: Springfield
- Community Information
- Units: 2
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 3,561 square feet
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Sangamon County
- APN: 14330131002
Other
- Listing Information
- MLS Area Minor: Springfield
- Standard Status: Closed
- Home Information
- Building Area Total: 1854
- Structure Type: Two or More Story, Duplex
- Year Built: 1885
Around this home
Schools
Public K-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 1.8mi
Public 9-12 • Assigned • 0.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 105° expected this year, 20 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 62704
Home values near 726 W Monroe St
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 2000 Sq. Ft. | $101,288 |
- Beds | - Baths | - Sq. Ft. | $197,779 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1614 Sq. Ft. | $81,578 |
- Beds | - Baths | 1650 Sq. Ft. | $103,204 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1962 Sq. Ft. | $150,237 |
2 Beds | 2 Baths | 975 Sq. Ft. | $99,148 |

Based on information submitted to the MLS GRID as of Thu Oct 22 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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