313 W  Madison St, Springfield, IL 62702
FOR SALE

313 W Madison St
Springfield, IL 62702

Oak Ridge
  • 1 Bed
  • 1 Bath
  • 5,000 sqft
1 Bed
1 Bath
5,000 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Unlock the full potential of your operation with a versatile warehousing and distribution facility supporting storage, packaging, logistics, and shipping/receiving are ideal for ecommerce operations, while processing or fabrication uses with industrial characteristics can also be accommodated. The district further allows utility and public service functions such as water facilities or electrical substations, along with light manufacturing and assembly of components or goods that do not create significant nuisances. Industrial supporting operations, including contractor yards or equipment maintenance, may be permitted, often through conditional use. Additionally, cannabis craft growing or processing facilities have recently been approved as conditional uses within I1 in Springfield, provided they meet specific conditions such as restricted public access and fencing compliant with city standards. Great Location Industrial Building (Cannabis growing/processing OK.
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Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
117 days ago

Home Details for 313 W Madison St

Days on Market

Days on Market: 117 days on Trulia

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Agent Information

Listing Agent
MLS/Source ID: *APID1390098*

Lot Information

Lot Area: 3920.4 sqft

Market trends in Springfield

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$165K
$2.83K
MoM
Sale-to-List Price
98.3%
0.3%
MoM
Price per sq ft
$106
$3
MoM
Available listings
249
10
MoM

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Comparable Sales for 313 W Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$30,000
07/07/25
3
1
992
0.45
Single-Family Home
$125,000
09/22/25
1
1
1,184
0.28
Single-Family Home
$53,000
03/18/26
3
1
923
0.67
Single-Family Home
$38,000
06/30/25
1
1
1,000
0.60
Single-Family Home
$118,000
04/30/26
2
1
1,332
0.62
Single-Family Home
$80,000
02/20/26
2
1
1,160
0.32
Single-Family Home
$115,000
01/23/26
3
2
1,026
0.45
Single-Family Home
$87,000
12/01/25
2
1
1,203
0.59
Single-Family Home
$65,000
11/26/25
2
1
1,145
0.67
Single-Family Home
$145,500
09/10/25
3
1
1,350

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 313 W Madison St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Oak Ridge

At least 4 Trulia users voted on each feature.
  • 89 % Say car is needed

  • 70 % Say yards are well-kept

  • 70 % Say there's holiday spirit

  • 67 % Say it's dog friendly

  • 67 % Say kids play outside

  • 62 % Say there are sidewalks

  • 60 % Say it's walkable to grocery stores

  • 56 % Say it's quiet

  • 50 % Say it's walkable to restaurants

  • 50 % Say parking is easy

  • 50 % Say streets are well-lit

  • 44 % Say there's wildlife

  • 44 % Say they plan to stay for at least 5 years

  • 36 % Say people would walk alone at night

  • 33 % Say neighbors are friendly

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rita Flynn
    "Friendly neighbors, no fights, peace, and quiet. A nice neighborhood for your animal. Be able to relax in your home without any worries of someone trying to break in or rob or kill you."
  • Trulia User
    "Established neighborhood with long time residents but a good mix of young and old. People look out for each other here."
  • Josephlm1979
    "quiet neighborhood where most people own their home, and have for many years. cloae to schools and amenities."
  • Nelleon6
    "We all get are grass cut at the same time know each other well. They have animals that we like to see nice people"

LGBTQ Local Legal Protections

Auction.com Customer Service, Auction.com
313 W Madison St, Springfield, IL 62702 is a 1 bedroom, 1 bathroom, 5,000 sqft single-family home built in 1900. 313 W Madison St is located in Oak Ridge, Springfield. This property is currently available for sale and was listed by Auction.com 3 on Feb 13, 2026. The MLS # for this home is MLS# APID1390098.