706 Madison St
Monticello, IL 61856
3 bd 2 ba 2,082 sqft Built 1966 single_family
Most recent sale
$179,900
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 17, 2022 | Sold | $179,900 | MLS #11618635 |
| Sep 1, 2022 | Listed | $189,900 | MLS #11618635 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $47,213 | $12,102 | $59,315 | $3,058 |
| 2023 | $43,716 | $11,206 | $54,922 | $2,979 |
| 2022 | $37,832 | $9,698 | $47,530 | $2,760 |
| 2021 | $35,523 | $9,106 | $44,629 | $2,600 |
| 2020 | $34,657 | $8,884 | $43,541 | $2,537 |
| 2019 | $34,061 | $8,731 | $42,792 | $2,439 |
| 2018 | $33,182 | $8,506 | $41,688 | $2,340 |
| 2017 | $33,182 | $8,506 | $41,688 | $2,246 |
| 2016 | $31,723 | $8,132 | $39,855 | $2,123 |
| 2015 | $31,723 | $8,132 | $39,855 | $2,123 |
| 2014 | $31,723 | $8,132 | $39,855 | $2,104 |
| 2013 | $31,723 | $8,132 | $39,855 | $2,111 |
| 2012 | $28,053 | $8,173 | $36,226 | $1,892 |
| 2010 | $28,180 | $8,210 | $36,390 | $1,884 |
| 2009 | $28,180 | $8,210 | $36,390 | $1,883 |
Property facts
Year built
1966
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
2,082 sqft
Lot size
—
ZIP code
61856
City
Monticello
Street
Madison St
Coordinates
40.02016, -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
$1,079
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 706 Madison St last sell?
706 Madison St most recently sold on Oct 17, 2022 for $179,900.
What is the current tax assessment for 706 Madison St?
The most recent total assessment for 706 Madison St (year 2024) is $59,315 with $3,058 in property tax.
How does 706 Madison St's assessment compare to its last sale price?
The current assessment is 67.0% below the last sale price of $179,900.
When was 706 Madison St built?
706 Madison St was built in 1966.
How does 706 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 706 Madison St?
706 Madison St is a 3 bed, 2 bath, 2,082 sqft single_family.
Is 706 Madison St a flip candidate?
No — 706 Madison St does not appear in our flips dataset.
Is 706 Madison St a tax-appeal candidate?
No — 706 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