Sold
Last Sold Price
2,240 sqft$67/sqft
823 W Monroe St, Springfield, IL 62704
Multi FamilyProperty Type
6,400 sq ftLot Size
1947Year Built
$67/sq ftPrice per sq ft

Description

What an amazing opportunity. Own both sides of this well maintained duplex, live in one side and let your tenant pay your mortgage, or rent both sides out. Close to transportation, both hospitals, restaurants and shopping. Both sides are 2 bedroom 1 bath 2 story homes with full, unfinished basements. Original hardwood floors throughout both sides of the property. Newer appliances in both kitchens. 821 has recently been refreshed with fresh paint throughout, new light fixtures, and remodeled bath....What an amazing opportunity. Own both sides of this well maintained duplex, live in one side and let your tenant pay your mortgage, or rent both sides out. Close to transportation, both hospitals, restaurants and shopping. Both sides are 2 bedroom 1 bath 2 story homes with full, unfinished basements. Original hardwood floors throughout both sides of the property. Newer appliances in both kitchens. 821 has recently been refreshed with fresh paint throughout, new light fixtures, and remodeled bath. Ample closets in all bedrooms plus extra storage in the attic and unfinished basement. 2 car garage with alley access. Hot water heat with single boiler for both sides has been maintained annually. Termite protection has been maintained annually. Window units for air conditioning. The exterior was painted in 2019. New windows in 2019 as well. Roof is approximately 10 years old. Home has been pre-inspected and is being sold as reported.
  • Listed by: John Kerstein 217.553.4368 john.kerstein@kw.com • Keller Williams Capital
Listing closed: 07/31/2024 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1029786

Recent comparable sales

Median sold price

$160,000

Avg days on market

40

Sale-to-list ratio

96.6%

Springfield, IL

9 comparable properties found

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Location

Listing Courtesy of Keller Williams Capital

Sold By The Real Estate Group, Inc.

Add your commute

Payment Calculator

$946 per month

30 year fixed, 6.55% Interest

Principal and Interest

$762

Property Taxes

$184

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 823 West Monroe Street

Property Details
  • Taxes: $2,207 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 3.0
  • Subdivision Name: None
Building Information
  • Residences: 2
  • Year Built: 1947
  • Lot Size: 0.15 AC / 6,400 SF
Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Property is on north side of Monroe 1/2 block east of MacArthur
  • Latitude: 39.799896
  • Longitude: -89.665945
  • MLSArea Minor: Springfield
  • Postal Code: 62704
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14330127041
  • Tax Annual Amount: $2,207
  • Tax Legal Description: SEE COUNTY RECORDS
  • Tax Year: 2022
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Detached, Guest Parking
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 2240.0
  • Lot Features: Level
  • Lot Size Dimensions: 80 x 80
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Road Surface Type: Curbs & Gutters
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1947
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 2
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Wood Siding
Interior Features
  • Basement: Full, Unfinished
  • Heating: Gas, Hot Water, Window Unit(s)
  • Interior Features: Cable Available, Garage Door Opener(s), High Speed Internet
  • Laundry Features: Private, Units Hook-Ups
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 1
  • Number Of Ranges: 1
  • Numberof Refrigerators: 2
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 4
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $18,000
  • Gross Scheduled Income: $18,000
  • Insurance Expense: $1,400
  • Maintenance Expense: $2,000
  • Manager Expense: $900
  • Net Operating Income: $10,093
  • Operating Expense: $5,700
  • Advertising Expense: 0
  • Gas Expense: 1400
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Trash Collection

Property History for 823 West Monroe Street

DateEvent & SourcePriceAppreciation
Jul 31, 2024

Sold

RMLS ALLIANCE #CA1029786

$150,000
Jul 23, 2024

Sold (Public Record)

Public Record #1539273687

$150,000
Jul 1, 2024

Pending

RMLS ALLIANCE #CA1029786

DateEvent & SourcePrice
07/31/2024

Sold

RMLS ALLIANCE #CA1029786

$150,000
07/23/2024

Sold (Public Record)

Public Record #1539273687

$150,000
07/01/2024

Pending

RMLS ALLIANCE #CA1029786

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 823 West Monroe Street

Taxable ValueLand$6,434Additions$31,714Total$38,148
Tax Record2025$3,089 ($257 / month)
Home Facts
Beds0Lot Size6,421 SqFtStyleSingle Family ResidenceCountySANGAMONAPN14-33.0-127-041

Schools near 823 West Monroe Street

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Elizabeth Graham Elementary School
PublicK to 5

U S Grant Middle School
Public6 to 8

Springfield High School
Public9 to 12

Douglas School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital

Based on information submitted to the MLS GRID as of 08/03/2024 03:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.