505 E Monroe St, Springfield, IL 62701
Property image
Property image
OFF MARKET

505 E Monroe St
Springfield, IL 62701

Downtown
  • 2 Beds
  • 1.5 Baths
  • 1,100 sqft

$130,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $956/mo*
Refinance Your Home

$130,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $956/mo*
Refinance Your Home
2 Beds
1.5 Baths
1,100 sqft

Local Information

  • Map ViewExplore the area around 505 E Monroe St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Living Area
1,100 sqft
Price/Sqft
$119

About this House

All Lincoln Square Apartments and Townhouses have the following Features:
 Fully Equipped Kitchen
 - Electric Oven and Range
 - 18 Cubic Foot, Frost-Free Refrigerator
 - Dishwasher
 - Disposal
 - Full Size Washer and Dryer

 Levolor Blinds on all windows

 Private Courtyard and Swimming Pool

 Individually controlled central air and heating
Utilities are all electric and average $100-200 per month for an apartment and $150 - $250 per month for a townhouse

Sheltered Parking available - $60 -85 per month
Security deposit - One month's rent

We are a Pet Free Community.

Water, sewer, and trash removal provided by Lincoln Square. Tenant is responsible for electric.
505 E Monroe St, Springfield, IL 62701 is a 2 bedroom, 2 bathroom, 1,100 sqft townhouse in Downtown. More recently, it was listed as a rental in October 2024 with an asking price of $2,100 per month. That rental listing was removed on November 6, 2024. It is currently off market. The Trulia Estimate is $130,400, with a rent estimate of $1,523/month.

Home Details for 505 E Monroe St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Tile
Room & Shared Space
Shared space is furnished

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Pool

Price History for 505 E Monroe St

DatePriceEventSource
11/06/2024$2,100ListingRemovedZillow Rentals
10/11/2024$2,100Listed For RentZillow Rentals

Market trends in Springfield

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$171K
$4.67KMoM
Sale-to-List Price
99.7%
0.7%MoM
Price per sq ft
$112
$2MoM
Available listings
307
25MoM
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Comparable Sales for 505 E Monroe St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
715 S English Ave, Springfield, IL
1.15
Townhouse
$72,500
12/17/25
4
2
1,712
2522 Gaylord Ave, Springfield, IL
2.64
Townhouse
$120,000
07/10/26
2
1.5
1,120
2606 Gaylord Ave, Springfield, IL
2.66
Townhouse
$124,000
07/29/26
2
1.5
1,093
718 S 7th St #1007, Springfield, IL
2.38
Townhouse
$66,654
05/28/26
1
1
682
900 S Durkin Dr #14, Springfield, IL
2.86
Townhouse
$88,000
09/12/25
2
1.5
1,320
21 Trailridge Ln, Springfield, IL
3.12
Townhouse
$162,000
11/14/25
2
1
909
67 Trailridge Ln, Springfield, IL
3.15
Townhouse
$170,000
06/24/26
2
1
903
3 Woodbury Hill Ln, Springfield, IL
3.60
Townhouse
$177,500
01/09/26
2
2
1,791
130 Genoa Dr, Springfield, IL
4.06
Townhouse
$170,000
07/10/26
3
2
1,262
4605 Bellevue Dr, Springfield, IL
4.93
Townhouse
$430,000
03/03/26
3
3.5
2,858

Nearby homes

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Assigned Schools

These are the assigned schools for 505 E Monroe St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Downtown
See Local Highlights
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"
    11
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

65 pet-friendly rentals in Springfield, IL

Explore by feature - Garage

59 rentals with a garage in Springfield, IL

Explore by feature - Air Conditioning

132 rentals with air conditioning in Springfield, IL

Explore by feature - Pool

6 rentals with a pool in Springfield, IL

Explore by feature - Washer/dryer

80 rentals with a washer/dryer in Springfield, IL

Explore by feature - Outdoor Space

19 rentals with an outdoor space in Springfield, IL

Homes for sale near 505 E Monroe St

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Off Market Homes Near 505 E Monroe St

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Frequently asked questions about 505 E Monroe St

  • What is 505 E Monroe St estimated to be worth?
    Trulia's estimated value for 505 E Monroe St in Springfield, IL is $130,400.
  • 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 $171K. That is up $4.67K 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.
  • Does 505 E Monroe St have air conditioning?
    Yes, 505 E Monroe St in Springfield, IL has air conditioning.
  • Does 505 E Monroe St have a pool?
    Yes, 505 E Monroe St in Springfield, IL has a pool.