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320 E 2nd Ave, Monmouth, IL, 61462

8beds
6baths
6,500sqft
$499,000
$77price/sqft
$4,403/moest. monthly cost
$176,120/yrincome needed

About This Home

Historic Estate with Guest Carriage House & Income-Producing Suite Step into one of Monmouth's most distinctive residences-a beautifully renovated historic estate offering over 6,500 square feet of finished living space, plus an additional 1,500-square-foot heated carriage house retreat. Originally built in the early 1900s, this remarkable property combines historic character with modern convenience and flexibility rarely found in today's market. The main residence features 8-9 bedrooms, 5.5 bathrooms, multiple living and entertaining spaces, a dedicated office, three laundry areas, two full kitchens, and a kitchenette. Seller is open to work with real estate brokers and buyer's representatives.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

5/10
3/10

Construction

Condition

  • Year built: 1902

Materials

  • Foundation: Brick/Mortar
  • Roof: Asphalt
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Partial

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 12X14

Bedroom3

  • Level: Second
  • Area: 323
  • Dimensions: 17X19

Bedroom4

  • Level: Second
  • Area: 156
  • Dimensions: 13X12

Bedroom5

  • Level: Second
  • Area: 90
  • Dimensions: 9X10

Bedroom6

  • Level: Second
  • Area: 140
  • Dimensions: 10X14

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 420
  • Dimensions: 14X30

Family Room

  • Level: Basement
  • Area: 270
  • Dimensions: 18X15

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 6,500 sqft

Kitchen

  • Level: Main
  • Area: 255
  • Dimensions: 15X17

Laundry

  • Level: Basement
  • Area: 108
  • Dimensions: 9X12

Living Room

  • Level: Main
  • Area: 570
  • Dimensions: 30X19

Master Bedroom

  • Features: Bathroom (Full)
  • Level: Second
  • Area: 544
  • Dimensions: 17X32

Other

  • Level: Second
  • Area: 84
  • Dimensions: 7X12

Other

  • Level: Second
  • Area: 280
  • Dimensions: 14X20

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 09205306000000
  • Special condition: None

Features

  • Stories: 3
  • Exterior features: Balcony,Other

Lot

  • Lot size: 0.38 Acres
  • Lot size dimensions: 113 X 147

Parking

  • Total spaces: 2
  • Parking features: Yes,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather
Tornado

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$849$10,188
Property Taxes $532$6,384
Electricity $499$5,999
Total$4,403$52,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,960/yr
40% on housing$132,090/yr
45% on housing$117,413/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.9%
-3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 61462$80
Warren County$81

vs Homes Sold Last Month

Median $/sqft

ZIP 61462
Warren County$55

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-09Listed for sale$499,000
2022-12-13Sold$375,000
2021-01-22Sold$220,000
2021-01-22Pending sale$225,000
2019-11-28Listing removed$235,000
2019-08-10Listed for sale$235,000
2018-01-11Listing removed$209,000
2017-09-10Price change$209,000
2017-08-08Price change$217,000
2017-07-18Price change$227,000
2017-06-07Listed for sale$249,500
2013-01-07Sold$179,000
2007-09-19Sold$53,000

For Sale by Agent

AgentJeffrey Sklar
BrokerageBeycome Brokerage Realty LLC

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