$52,000

1731 E Melrose St Springfield, IL 62703

$618
Closing credit¹
2 beds
1 full
629 sqft
$83 / sqft
House

Property details

About 1731 E Melrose St

Welcome to this charming 2-bedroom, 1-bathroom home! This property is perfect for first-time home buyers. All appliances and washer and dryer stay. The home sits on a large double lot with a finished building and a small storage shed. Looking for your next investment property? This home is a perfect fit! This home is section 8 eligible and move in ready with potential rent revenue of over $800 a month! Home inspections welcome.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air, Central
StatusActive
Size629 sqft
Year built1959
ParkingGravel
MLS #CA1023586

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: No
  • Total Bedroom Count: 2
  • Parking: Gravel
  • Exterior: Fenced Yard, Shed(s)
  • Architectural Style: Ranch
  • Heating: Natural Gas, Forced Air, Central
  • List Price: $52,000
  • Price/SqFt: $82
  • Annual Tax Amount: $1,147
  • Tax Year: 2023
  • Lot: Level
  • Directions: From Ash and 11th, continue South on 11th to Melrose, turn East onto Melrose
  • Year Built: 1959
  • Living Area: 629 SqFt
  • MLS Number: CA1023586
  • MLS Name: RMLSA
  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 638-1360
  • Listing Agent: Jerry George

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$52,000

1731 E Melrose St

$618

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 10, 2007
Home Sold
$11,000

Tax history

YearAssessmentProperty Tax
2023$12,981$1,147
2022$12,313$1,103
2021$11,852$1,066
2020$11,870$1,045
2019$11,829$840
2018$9,951$840
2017$9,822$823

History based on county public records data.

Nearby schools

2

Harvard Park Elementary School

Public District PK-5

0.6 mi

2501 S 11th St

1

Feitshans Elementary School

Public District PK-5

1.0 mi

1101 S 15th St

1

Matheny-Withrow Elementary School

Public District KG-5

1.1 mi

1200 S Pope Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,806. Typical income of Springfield, IL residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

53%
<35k
47%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
20%
Single, with Kids
17%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • CadillacCadillac
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • JazzJazz
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1731 E Melrose St

The listing price of 1731 E Melrose St property is $52,000.

The property 1731 E Melrose St is a house located in Springfield, Illinois, 62703.

Active Listing: 1731 E Melrose St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1731 E Melrose St are: Harvard Park Elementary School (GreatSchools Rating 2/10), Feitshans Elementary School (GreatSchools Rating 1/10), Matheny-Withrow Elementary School (GreatSchools Rating 1/10), Iles Elementary School (GreatSchools Rating 8/10), Springfield Ball Charter School (GreatSchools Rating 4/10), Jefferson Middle School (GreatSchools Rating 1/10), Springfield Southeast High School (GreatSchools Rating 2/10), Springfield High School (GreatSchools Rating 5/10), Edwin a Lee Elementary School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,147 (source: MLS/based on county public records data).

The last sale was on January 10, 2007 for $11,000 (source: MLS/tax record).

The property at 1731 E Melrose St has 2 bedrooms and 1 bathroom.

The property 1731 E Melrose St is 629 SqFt (source: MLS/tax record).

The year of construction for 1731 E Melrose St is 1959.

This home is located at 1731 E Melrose St in Springfield, IL and zip code 62703. This 629 square foot home was built in 1959. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 21, 2023 and is currently priced at $52,000.

Springfield, IL housing market in April 2025 saw over 38 listings sold above listed price, more than 32 sold at listed price and over 54 sold below. The number of homes for sale in Springfield, IL increased by 11.1% between March and April 2025. While the average time on the market in April 2025 was 23 days, the median list price was $170,111.

From Rocket Homes Real Estate and based on county public records data.

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