Listed by Bryce A Brow, Bev George & Associates, (618) 288-0000 . Bought with QDM Real Estate, LLC
$41,700
1 Bed
1 Bath
740 sqft
723 Lee St, Madison, IL 62060
Est. Refi. Payment $355/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 23, 2024 for $22,500
Home Value
Trulia Estimate
$41.7KSince last month
Decreased$3K (-6.7%)Since last year
Increased$10K (+30%)Since last sale
Increased$20K (+86.7%)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 +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $42K |
| August 2026 | $42K |
| July 2026 | $45K |
| June 2026 | $43K |
| May 2026 | $44K |
| April 2026 | $44K |
| March 2026 | $42K |
| February 2026 | $41K |
| January 2026 | $41K |
2025 | |
2024 | |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $20,000 | 03/06/26 | 2 | 1 | 784 | |
0.35 | Single-Family Home | $29,000 | 03/12/26 | 1 | 1 | 804 | |
0.21 | Single-Family Home | $23,500 | 12/19/25 | 2 | 1 | 1,138 | |
0.37 | Single-Family Home | $51,500 | 02/26/26 | 1 | 1 | 488 | |
0.39 | Single-Family Home | $26,000 | 12/15/25 | 2 | 1 | 1,176 |
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 |
|---|---|---|---|---|---|---|
0.03 | $174,000 | 3 | 2 | 1,200 | Off Market | |
0.08 | $64,600 | 3 | 1 | 1,128 | Off Market | |
0.11 | $82,800 | 4 | 2 | 1,198 | Off Market | |
0.10 | $109,900 | 5 | 2 | 1,807 | Recently Sold | |
0.10 | - | 5 | 3 | 2,444 | Off Market | |
0.13 | $20,000 | 2 | 1 | 784 | Recently Sold | |
0.14 | - | - | - | - | Off Market | |
0.15 | $106,100 | 3 | 1.5 | 1,390 | Off Market | |
0.19 | $73,400 | 3 | 1 | 1,140 | Off Market | |
0.18 | $59,700 | 2 | 1 | 1,118 | Off Market | |
0.20 | - | 1 | 1 | 896 | Off Market |
Local Information
- Map ViewExplore the area around 723 Lee St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1946
Living Area
740 sqft
Price/Sqft
$56
About this House
With a little TLC, this could make a great home for an owner-occupant or a rental property for investors! There are 2 sleeping rooms, only one has a closet. Living room, eat-in kitchen, and bathroom in tandem. Full unfinished basement for all your storage needs! Grab your favorite agent and schedule a showing today.
723 Lee St, Madison, IL 62060 is a 1 bedroom, 1 bathroom, 740 sqft single-family home built in 1946. It last sold for $22,500 on Jan 23, 2024 (24% below the $29,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $41,700, with a rent estimate of $833/month.
Home Details for 723 Lee St
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MLS Status: Closed |
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Interior Details Basement: Full,UnfinishedNumber of Rooms: 5 |
Beds & Baths Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 740 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater, Other |
Heating & Cooling Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Levels: One |
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Exterior Home Features Patio / Porch: Deck |
Parking & Garage No CarportNo GarageParking: Off Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 740 Square Feet |
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Cumulative Days on Market: 2 |
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Year Built Year Built: 1946 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Property Information Parcel Number: 212192511205014 |
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Price List Price: $29,500 |
Status Change & Dates Off Market Date: Tue Jan 23 2024Possession Timing: Close Of Escrow |
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Direction & Address City: MadisonCommunity: Addition 1 |
School Information Elementary School: Madison Dist 12Jr High / Middle School: Madison Dist 12High School: MadisonHigh School District: Madison DIST 12 |
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Building Area Building Area: 740 Square Feet |
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Association for this Listing: Southwestern Illinois Board of REALTORS |
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Lot Area: 6011.28 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash |
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Business Information Ownership: Private |
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BasementMls Number: 23075279Above Grade Unfinished Area: 740Showing Requirements: Showing Service, Appointment Only, Combination Lock Box, Vacant |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 23, 2024 Source: MARIS #23075279 | Sold | $22,500 |
Dec 29, 2023 Source: MARIS #23075279 | Pending | $29,500 |
Dec 27, 2023 Source: MARIS #23075279 | Listed For Sale | $29,500 |
Jan 7, 2011 Source: N/A | Sold | $9,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,039 | $25,380 |
Home facts updated by county records
Market trends in Madison
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
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.
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Frequently asked questions about 723 Lee St
- What is 723 Lee St estimated to be worth?Trulia's estimated value for 723 Lee St in Madison, IL is $41,700.
- What is the price history for 723 Lee St?723 Lee St in Madison, IL last sold for $22,500 in January 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.
- How big is the lot at 723 Lee St?The lot at 723 Lee St in Madison, IL is about 0.14 acres (6,011 sq ft).
- Does 723 Lee St have parking?Yes, 723 Lee St in Madison, IL has on-site parking.
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