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711 Madison St

Monticello, IL 61856

3 bd 2 ba 1,275 sqft Built 1966 Lot 8,023 sqft single_family
Most recent sale
$154,500
Feb 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2022 Sold $154,500 MLS #11298140
Jan 4, 2022 Listed $152,500 MLS #11298140
Jul 24, 2018 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,432 $13,386 $55,818 $2,856
2023 $39,289 $12,394 $51,683 $2,780
2022 $34,001 $10,726 $44,727 $2,573
2021 $31,926 $10,071 $41,997 $2,423
2020 $31,147 $9,825 $40,972 $2,363
2019 $30,611 $9,656 $40,267 $2,271
2018 $29,821 $9,407 $39,228 $407
2017 $29,821 $9,407 $39,228 $390
2016 $28,510 $8,993 $37,503 $389
2015 $28,510 $8,993 $37,503 $389
2014 $28,510 $8,993 $37,503 $385
2013 $28,510 $8,993 $37,503 $387
2012 $25,460 $7,745 $33,205 $451
2010 $25,575 $7,780 $33,355 $446
2009 $25,575 $7,780 $33,355 $446

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,275 sqft
Lot size
8,023 sqft
ZIP code
61856
City
Monticello
Street
Madison St
Coordinates
40.01980, -88.56660

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$927
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 711 Madison St last sell?
711 Madison St most recently sold on Feb 23, 2022 for $154,500.
What is the current tax assessment for 711 Madison St?
The most recent total assessment for 711 Madison St (year 2024) is $55,818 with $2,856 in property tax.
How does 711 Madison St's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $154,500.
When was 711 Madison St built?
711 Madison St was built in 1966.
How does 711 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 711 Madison St?
711 Madison St is a 3 bed, 2 bath, 1,275 sqft, 8,023 sqft lot single_family.
Is 711 Madison St a flip candidate?
No — 711 Madison St does not appear in our flips dataset.
Is 711 Madison St a tax-appeal candidate?
No — 711 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$250.9K
2026 Q4
$255.8K
ZIP 61856 — Median Price History + Forecast

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