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723 W Archer Ave, Monmouth, IL, 61462

4beds
2baths
2,034sqft
$155,000
$76price/sqft
$1,367/moest. monthly cost
$54,680/yrincome needed

About This Home

Welcome to 723 W. Archer, a beautifully maintained two-story home offering 4 bedrooms and 2 full bathrooms. The first floor showcases a spacious primary suite with an attached full bathroom for ultimate privacy and ease. The open kitchen flows seamlessly into the dining area, perfect for entertaining, with an optional kitchen island to expand prep and seating space. Additional first-floor conveniences include a laundry room, and a four season room. Upstairs, you'll find three well-sized bedrooms offering flexibility for family, guests, or a home office, along with a full bathroom and a walk-in hallway closet for extra storage. Outside, the backyard is designed for relaxation and recreation with a detached two-stall garage, an additional storage shed, a back patio for grilling or an outdoor fire pit. The four-seasons room provides lots of natural light and the ability to enjoy the outdoors year around. This home has been well cared for with key systems and appliances recently updated, including a new roof in 2022, a new furnace in 2023, a new water heater in 2024, and a new refrigerator in 2023. All appliances stay with the home. Whether you're a growing family, a remote worker needing extra space, or someone who loves to entertain, 725 W. Archer delivers comfort, functionality, and move-in readiness.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

5/10
3/10

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Oven,Washer

Basement

  • Area: 380

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Tile
  • Finished area above ground: 2,034

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central

Interior Area

  • Total structure area: 2,414
  • Total interior livable area: 2,034 sqft

Kitchen

  • Features: Open

Property

Details

  • Parcel number: 0935100200
  • Lease amount: 0

Features

  • Stories: 2
  • Patio & porch: Patio,Covered Porch

Lot

  • Lot size: 7,178 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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 $783$9,396
Home Insurance *$263$3,156
Property Taxes $165$1,980
Electricity $156$1,877
Total$1,367$16,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,868/yr
40% on housing$41,010/yr
45% on housing$36,453/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

$76This 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
2026-07-30Listed for sale$155,000

For Sale by Agent

AgentCarissa Doyle
BrokerageDoyle & Associates Realty, LLC

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