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538 S Illinois Street, 
Monticello, IN 47960

$144,900

2

Beds

2

Baths

1,008

Sq Ft

Single Family

Virtual Tour

Pending

Listed by

Garrett Criswell

Raeco Realty

Last updated:

January 13, 2026, 08:28 AM

MLS#

202547781

Source:

Indiana Regional MLS

About This Home

538 S Illinois Street

This property offers 2 bedrooms and 1 full bath on the main level, plus a unique additional space above the garage that includes another full bath. Previously used as a studio apartment, this area presents endless opportunities—rent it out, create a man cave, or redesign it into an ensuite primary suite to transform the home into a 3-bedroom, 2-bath layout. The home sits on a corner lot and features a full basement for added storage or potential expansion. Conveniently located near the walking nature trail and local schools, this property offers both accessibility and potential. It does need some TLC, so bring your vision. A great option for an investor or someone looking for a starter home with room to grow.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1936

Price Summary

144,900

$143 per Sq. Ft.

MLS #:

202547781

Last Updated:

January 13, 2026, 08:28 AM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,008 Sq. Ft.

Structure

Structure

Architectural Style:

One Story

Building Area:

1,752 Sq. Ft.

Year Built:

1936

Lot

Lot Size (Sq. Ft):

6,970

Finances & Disclosures

Finances

Price:

$144,900

Price per Sq. Ft:

$143 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.