704 Madison St
Monticello, IL 61856
4 bd 2 ba 1,998 sqft Built 1965 Lot 8,528 sqft single_family
Most recent sale
$165,000
Apr 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 14, 2022 | Sold | $165,000 | MLS #11326852 |
| Feb 17, 2022 | Listed | $165,000 | MLS #11326852 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $44,453 | $12,102 | $56,555 | $2,899 |
| 2023 | $41,160 | $11,206 | $52,366 | $2,822 |
| 2022 | $35,620 | $9,698 | $45,318 | $2,613 |
| 2021 | $33,446 | $9,106 | $42,552 | $2,460 |
| 2020 | $32,630 | $8,884 | $41,514 | $2,400 |
| 2019 | $32,069 | $8,731 | $40,800 | $2,307 |
| 2018 | $31,241 | $8,506 | $39,747 | $2,212 |
| 2017 | $31,241 | $8,506 | $39,747 | $2,123 |
| 2016 | $29,867 | $8,132 | $37,999 | $2,006 |
| 2015 | $29,867 | $8,132 | $37,999 | $2,006 |
| 2014 | $29,867 | $8,132 | $37,999 | $1,988 |
| 2013 | $29,867 | $8,132 | $37,999 | $1,995 |
| 2012 | $31,856 | $8,173 | $40,029 | $2,130 |
| 2010 | $32,000 | $8,210 | $40,210 | $2,120 |
| 2009 | $32,000 | $8,210 | $40,210 | $2,120 |
Property facts
Year built
1965
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
1,998 sqft
Lot size
8,528 sqft
ZIP code
61856
City
Monticello
Street
Madison St
Coordinates
40.02037, -88.56722
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 704 Madison St last sell?
704 Madison St most recently sold on Apr 14, 2022 for $165,000.
What is the current tax assessment for 704 Madison St?
The most recent total assessment for 704 Madison St (year 2024) is $56,555 with $2,899 in property tax.
How does 704 Madison St's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $165,000.
When was 704 Madison St built?
704 Madison St was built in 1965.
How does 704 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 704 Madison St?
704 Madison St is a 4 bed, 2 bath, 1,998 sqft, 8,528 sqft lot single_family.
Is 704 Madison St a flip candidate?
No — 704 Madison St does not appear in our flips dataset.
Is 704 Madison St a tax-appeal candidate?
No — 704 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$250.9K
2026 Q4
$255.8K
ZIP 61856 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St