1616 4th St, Madison, IL 62060
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Property image
OFF MARKET
Listed by Pam Cook, eXp Realty, (618) 616-9505 . Bought with eXp Realty

$130,300

Trulia Estimate
  • 6 Beds
  • 2 Baths

1616 4th St, Madison, IL 62060

Est. Refi. Payment $945/mo*
Refinance Your Home
Currently Off Market - Sold Nov 6, 2024 for $100,000

Home Value

Trulia Estimate
$130K
Since last month
Increased$300 (+0.2%)
Since last year
Increased$26K (+25.2%)
Since last sale
Increased$31K (+31.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +215% in the last 10 years
MonthEstimated value
2026
August 2026$131K
July 2026$131K
June 2026$123K
May 2026$115K
April 2026$107K
March 2026$107K
February 2026$108K
January 2026$108K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Multi-Family Home
$109,900
01/30/26
5
2
1,807
0.51
Multi-Family Home
$65,000
06/24/26
5
3
1,772
0.93
Multi-Family Home
$102,500
05/27/26
4
3
1,305
1.56
Multi-Family Home
$135,000
09/22/25
3
3
4,480
1.93
Multi-Family Home
$125,000
07/28/26
5
3
1,964
2.04
Multi-Family Home
$73,500
12/29/25
3
3
1,092
2.34
Multi-Family Home
$202,000
11/13/25
4
2
1,344

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$111,300
3
1.5
1,792
Off Market
0.05
$25,000
3
1
-
Recently Sold
0.07
$23,500
2
1
1,138
Recently Sold
0.07
$29,000
1
1
804
Recently Sold
0.10
-
2
1.5
1,024
Off Market
0.13
$81,400
2
1
870
Off Market
0.16
$26,000
2
1
1,176
Recently Sold
0.20
$187,300
6
2.5
1,780
Off Market
0.21
$63,400
3
1
1,128
Off Market
0.22
$109,900
5
2
1,807
Recently Sold
0.24
$77,500
2
1
936
Off Market

Local Information

  • Map ViewExplore the area around 1616 4th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1940
Parking
Carport

About this House

The savvy investor can see great potential in this property. There is a duplex in the front and a single home at the back of the lot, perfect for an experienced investor or for the first time investor wanting rental property. This as-is sale offers an incredible opportunity with just some general renovations. Some clean out needed but not bad. The duplex units offer a large living/dining area with a half bath off the kitchen. The back house is great for a private residence. There is covered parking at the rear of the units. Laundry hook-ups available in the basement of the duplex. The units could be updated and ready to market in a reasonable amount of time. Well kept street with established neighbors. Please note, the property is sold in its current condition, with inspections solely for informational purposes.
1616 4th St, Madison, IL 62060 is a 6 bedroom, 2 bathroom multi-family built in 1940. It last sold for $100,000 on Nov 6, 2024 (5% below the $105,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $130,300, with a rent estimate of $1,255/month.

Home Details for 1616 4th St

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace

Exterior Features

Parking & Garage
Has a CarportNo GarageParking: Carport,Covered
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 8

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DuplexArchitecture: Other
Property Information
Parcel Number: 212192515403012

Price & Status

Price
List Price: $105,000
Status Change & Dates
Off Market Date: Wed Nov 06 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: MadisonCommunity: None
School Information
Elementary School: Madison Dist 12Jr High / Middle School: Madison Dist 12High School: MadisonHigh School District: Madison DIST 12

HOA

Association for this Listing: Southwestern Illinois Board of REALTORS

Lot Information

Lot Area: 7100 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Private

Miscellaneous

Mls Number: 24062676Showing Requirements: Combination Lock Box

Price and Tax history

DateEventPrice
Nov 6, 2024
Source: MARIS #24062676
Sold
$100,000
Oct 11, 2024
Source: MARIS #24062676
Pending
$105,000
Oct 3, 2024
Source: MARIS #24062676
Listed For Sale
$105,000

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings

Around this home

What Locals Say about Madison

At least 29 Trulia users voted on each feature.
  • 87 % Say there are sidewalks

  • 84 % Say car is needed

  • 76 % Say parking is easy

  • 75 % Say yards are well-kept

  • 67 % Say kids play outside

  • 56 % Say there's holiday spirit

  • 50 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 46 % Say it's quiet

  • 45 % Say they plan to stay for at least 5 years

  • 44 % Say there are community events

  • 41 % Say it's walkable to grocery stores

  • 37 % Say it's walkable to restaurants

  • 34 % Say people would walk alone at night

  • 31 % Say it's dog friendly

  • 30 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Dawonda Childs
    "To watch keep an eye on your kids. Stop allowing babies to be outside alone and teenagers in parks after dark. "
  • Angelique C.
    "There are lots of dogs roaming on my street. All dogs should be fenced in. Owners should be fined if their dogs are caught roaming the streets without their owners. There was one incident I decided to go home for lunch, after I was done eating I opened the front door and there was a stray dog sitting on my porch I had to call the police for them to send someone to remove the dog off my porch.. I was 30 minutes late returning to work from lunch."
  • Com266
    "it's a very nice and quiet neighborhood suitable for raising children. A laid back atmosphere with a low crime rate."
  • Tierra H.
    "Lived here my entire life and will most likely always live here unless I decide to move away for a couple years "
  • Tierra H.
    "Lived here my whole life and will most likely live here the rest of my life if I never move away and I’m okay with that "

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Frequently asked questions about 1616 4th St

  • What is 1616 4th St estimated to be worth?
    Trulia's estimated value for 1616 4th St in Madison, IL is $130,300.
  • What is the price history for 1616 4th St?
    1616 4th St in Madison, IL last sold for $100,000 in November 2024.
  • Is Madison a buyer's or seller's market?
    Madison is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Madison?
    Residents describe Madison, IL as pedestrian-friendly, easy to park in, and well-kept. See recently sold homes in Madison, IL.
  • Does 1616 4th St have air conditioning?
    Yes, 1616 4th St in Madison, IL has air conditioning.
  • Does 1616 4th St have parking?
    Yes, 1616 4th St in Madison, IL has on-site parking.

Off Market Homes Near 1616 4th St

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