For sale

$290,000

Est. $2,210/mo —

•

2,000

sq ft

617 E Monroe St Unit 1 and 2, Springfield, IL 62701

About this home

Wonderful downtown opportunity for a mixed use property. Main floor is zoned S-3, which allows multiple types of retail uses. The most recent tenants have been hair salon/barber shops. Nice open urban feel to the main floor with high ceilings & some exposed brick walls. There is a main floor bathroom.The main floor comes with 10 off street parking spots that are available to rent. The second floor is a loft style apartment. Spacious open floor plan with 2 bedroom & 1 full bath. Also a balcony for outdoor living space. More photos and information coming. Photos of second floor are virtually staged. Both floors are currently rented.

CondoProperty Type

1900Year Built

3,140 sq ftLot Size

$145Price/Sq.Ft.

Listed by Rebecca Hendricks • The Real Estate Group, Inc.

Contact: Pref: 217-725-8455

Listing updated: Oct 30, 2026 at 03:20pm

Redfin checked: a few seconds ago

•Source:RMLSA as Distributed by MLS Grid #CA1047191

Payment calculator

$2,210 per month

Principal and interest$1,583

Property taxes

$509

HOA dues

Home insurance

$118

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Elizabeth Graham Elementary School

Public K-5 • Assigned • 1.1mi

3/10

U S Grant Middle School

Public 6-8 • Assigned • 1.9mi

2/10

Springfield High School

Public 9-12 • Assigned • 0.7mi

5/10

Provided by GreatSchools

About Central Springfield Historic

District

Central Springfield Historic District, located between Downtown Springfield and Washington Park, is a historic and residential Springfield neighborhood with tree-lined streets and landmark architecture. The neighborhood’s character concentrates around the Old State Capitol Plaza and the surrounding blocks of 6th Street, where independent cafes, galleries, and lunch counters set a steady daytime rhythm. Community pillars include the Abraham Lincoln Presidential Library and Museum, the Illinois State Museum, and the Hoogland Center for the Arts. Brick sidewalks and ornate porches frame Italianate, Queen Anne, and early Prairie-influenced homes. Pocket parks and the Capitol complex shape walkable routes for errands and evening strolls. The atmosphere reads civic, cultured, and quietly active.

Provided by Walk Score and Local Logic

Market insights

617 E Monroe St Unit 1 and 2 · $290,000

DAYS ON MARKET

The average home goes pending in 7 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median sale price in this area is $155,608. (46% lower than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Living

Interior features
Full, unfinished basement

Bedrooms
2 bedrooms: 1 on the upper level

Bathrooms
2 full bathrooms

Heating & cooling
Electric forced-air heating
Two or more heating systems
Electric water heater

Sale and tax history for 617 E Monroe St Unit 1 and 2

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Sangamon County

APN

14-34.0-131-064

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 16, 2026.

S-3

Central Shopping District

This district is designed to provide for a wide range of retail stores, office buildings, and amusement and service activities which occupy prime retail frontage in a centrally located and intensively developed business area. The district includes areas of concentrated business activities where nearly all the frontage has long been taken up by contiguous buildings, thus requiring different bulk regulations than those applicable to newer or less concentrated areas and making it virtually impossible for separate off-street parking facilities to be provided for each individual establishment.

Permitted uses

Include but are not limited to:

Automotive sales
Bank
General retail
Retail-Grocery
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office

Historical weather

Springfield, IL • 62701

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

69/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

8.3 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 617 E Monroe St Unit 1 and 2

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $85,000 and $380,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $85K to $380K.

SOLD MAR 20, 2026
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$18/sq ft
84 years newer
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SOLD SEP 21, 2026
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2 beds2 baths1,552 sq ft
108 Astoria Rd, Springfield, IL 62704
$28/sq ft
larger lot
85 years newer
SOLD SEP 10, 2026
$200,000 Last sold price
2 beds2 baths1,526 sq ft
3608 Teakwood Dr, Springfield, IL 62712
$14/sq ft
97 years newer
no basement
SOLD OCT 5, 2026
$300,000 Last sold price
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2201 W Washington St #9, Springfield, IL 62702
$12/sq ft
76 years newer
no basement
SOLD JUN 8, 2026
$380,000 Last sold price
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1921 Turnberry Ct, Springfield, IL 62704
$34/sq ft
95 years newer
SOLD OCT 16, 2026
$85,000 Last sold price
1 bed1 bath690 sq ft
718 S 7th St #808, Springfield, IL 62703
$22/sq ft
58 years newer
no basement

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Early Access listings

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New listings for sale in 62701

$290,000

2 beds2 baths2,000 sq ft

617 E Monroe St Unit 1 and 2, Springfield, IL 62701

Mixed use property • Main floor zoned s-3 • High ceilings

Details provided by RMLSA as Distributed by MLS Grid and may not match the public record. Learn more.

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