350 E  Madison St, Springfield, IL 62701
OFF MARKET

350 E Madison St
Springfield, IL 62701

Downtown
  • 2 Beds
  • 2 Baths
  • 500 sqft
2 Beds
2 Baths
500 sqft

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
1.24
Apartment
$116,000
10/17/25
1
1
800
1.02
Apartment
$53,000
11/18/25
3
1.5
1,050
0.83
Apartment
$125,000
08/26/25
3
1
-
1.26
Apartment
$47,000
06/01/26
4
1
1,000
1.44
Apartment
$189,000
10/28/25
4
2
1,400
2.63
Multi-Family Home
$205,000
10/03/25
2
1
962
2.79
Apartment
$200,000
09/29/25
2
1
1,000
3.25
Apartment
$279,000
06/29/26
2
2.5
3,283
3.95
Apartment
$328,000
01/05/26
2
1
-
4.99
Apartment
$300,000
03/11/26
3
3
2,368
Home facts updated by county records

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
0.11
$299,000
-
-
-
For Sale
0.18
$182,000
2
2
972
Off Market
0.26
$190,500
5
4
2,563
Off Market
0.26
$87,100
1
1.5
800
Off Market
0.26
$199,000
2
2
1,200
For Sale
0.27
$64,200
2
1
1,004
Off Market
0.29
-
3
2
1,459
Off Market
0.30
-
-
-
-
Off Market
0.35
$1,037,600
Studio
-
13,624
Off Market
0.33
-
3
1
992
Off Market
0.33
$112,200
1
1
719
Off Market
0.39
$172,600
4
3
3,348
Off Market

Local Information

  • Map ViewExplore the area around 350 E Madison St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
500 sqft

About this House

Rarely Available 2x2 Master Suite Apartment Home. Ideal for roommates.

Be Home! The Villas of Downtown Springfield located in the heart of downtown Springfield. Walk to Capitol, Hospitals, Train Station, Lincoln Sites & Shopping. We offer Studio, 1x1, & 2x2 bedrooms and bath. We are a secured building, we have community room, laundry rooms and a small gym.

All utilities included with long term and short term leases.

Please call today to schedule a tour and check our availability.

All utilities included.
Short term & long term leases available
350 E Madison St, Springfield, IL 62701 is a 2 bedroom, 2 bathroom, 500 sqft apartment in Downtown. More recently, it was listed as a rental in April 2025 with an asking price of $1,100 per month. That rental listing was removed on May 20, 2025. It is currently off market. The Trulia Estimate rent is $986/month.

Home Details for 350 E Madison St

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Tile
Room & Shared Space
Shared space is furnished

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Price and Tax history

DateEventPrice
May 20, 2025
Source: Zillow Rentals
ListingRemoved
$1,350
Apr 21, 2025
Source: Zillow Rentals
PriceChange
$1,350
Price increased by 23%
Apr 7, 2025
Source: Zillow Rentals
Listed For Rent
$1,100
Mar 24, 2021
Source: N/A
ListingRemoved
Aug 11, 2017
Source: N/A
ListingRemoved
$850

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$192K
$20.83K
MoM
Sale-to-List Price
100.0%
0.3%
MoM
Price per sq ft
$116
$4
MoM
Available listings
342
34
MoM
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Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 9 Trulia users voted on each feature.
  • 87 % Say car is needed

  • 85 % Say there are sidewalks

  • 81 % Say streets are well-lit

  • 78 % Say it's walkable to restaurants

  • 76 % Say parking is easy

  • 69 % Say it's dog friendly

  • 53 % Say there's wildlife

  • 53 % Say there are community events

  • 50 % Say people would walk alone at night

  • 43 % Say there's holiday spirit

  • 42 % Say neighbors are friendly

  • 39 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 29 % Say it's quiet

  • 23 % Say yards are well-kept

  • 15 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "its not far from my job. but the area isnt fantastic in my personal opinion but i know a lot of people that have lived over there and had no issues"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 350 E Madison St

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Off Market Homes Near 350 E Madison St

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Frequently asked questions about 350 E Madison St

  • Is Springfield a buyer's or seller's market?
    Springfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Springfield?
    The median sale price in Springfield is $192K. That is up $20.83K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Springfield, IL as pedestrian-friendly, walkable to restaurants, and easy to park in. See recently sold homes in Downtown, Springfield.
  • What are the closest schools to 350 E Madison St?
    The closest schools to 350 E Madison St in Springfield, IL are Elizabeth Graham Elementary School (rated 3/10), Springfield High School (rated 5/10), U S Grant Middle School (rated 2/10).
  • Does 350 E Madison St have air conditioning?
    Yes, 350 E Madison St in Springfield, IL has air conditioning.