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Single Family ResidenceResidential
$31,839$43 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 82How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1540 3RD ST

MADISON, IL 62060
1
Beds
1
Baths
742 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$32K
$26K low$38K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$631 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$5,450 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,280
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$4,170
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$4,930
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$16,350

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.33
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
87
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
72
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
8
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMADISON
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Madison Sr. High SchoolC
High · Grades 9–12 · 0.7 mi
M
Madison Jr. High SchoolD-
Middle · Grades 6–8 · 0.7 mi
E
Bernard Long Elementary SchoolF
Elementary · Grades EE–5 · 0.8 mi

District: Madison Community Unit School District 12

Neighborhood · ZIP 62060These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.169
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.148

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10.0%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.3,411
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.734 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$40,837
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$62,439
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1540 3rd St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Madison County
  • Costs less per square foot than 97% of homes in Madison County
  • Smaller than 91% of homes in Madison County
  • Has a smaller lot than 92% of homes in Madison County
  • Older than 91% of homes in Madison County

What homes are worth in Madison 62060

Each bar is how many homes fall in that price range. The marker is this home.

This home
$19K$175K

This home is worth more than 17% of homes in Madison 62060.

How it measures up in Madison 62060

The dot is this home. The mark in the middle is the typical home in Madison 62060.

Estimated value$31,839
CheaperTypical $47,296Pricier

Pricier than 17% of homes nearby

Price per ft²$43
CheaperTypical $50Pricier

Pricier than 35% of homes nearby

Living area742 ft²
SmallerTypical 945 ft²Bigger

Bigger than 16% of homes nearby

Lot size0.12 ac
SmallerTypical 0.14 acBigger

Bigger than 35% of homes nearby

Year built1920
OlderTypical 1940Newer

Newer than 15% of homes nearby

How 1540 3rd St ranks against every home in each area.
MeasureThis homeMadison 62060Madison County
Estimated valuepricier than$31,83917% of homesalmost no homes
Price per ft²pricier than$4335% of homes3% of homes
Living areabigger than742 ft²16% of homes9% of homes
Lot sizebigger than0.12 ac35% of homes8% of homes
Year builtnewer than192015% of homes9% of homes

About 1540 3rd St

How much is 1540 3rd St, Madison, IL worth?

The TopHap Estimate for 1540 3rd St, Madison, IL is $31,839 as of Sep 24, 2026. The likely range is $26,023 to $37,655. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1540 3rd St, Madison, IL last sell?

1540 3rd St, Madison, IL last sold on Feb 1, 2012, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 1540 3rd St, Madison, IL?

1540 3rd St, Madison, IL has 1 bedrooms, 1 bathrooms, 742 square feet of living space and a 0.12-acre lot.

When was 1540 3rd St, Madison, IL built?

1540 3rd St, Madison, IL was built in 1920, making it 106 years old. The building has 1 story.

What schools serve 1540 3rd St, Madison, IL?

1540 3rd St, Madison, IL is assigned to Madison Sr. High School (high), rated C; Madison Jr. High School (middle), rated D-; Bernard Long Elementary School (elementary), rated F. All sit in Madison Community Unit School District 12. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1540 3rd St, Madison, IL compare to other homes in Madison 62060?

Among the 1,547 homes in Madison 62060, it is worth more than 17% of them ($31,839 against a typical $47,296), its price per square foot is higher than 35% of them ($43 against a typical $50), it is bigger than 16% of them (742 ft² against a typical 945 ft²), its lot is bigger than 35% of them (0.12 ac against a typical 0.14 ac) and it is newer than 15% of them (1920 against a typical 1940). Measured against all of Madison County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1540 3rd St, Madison, IL?

The 2025 property tax bill for 1540 3rd St, Madison, IL was $631. The county assessed it at $5,450.

More homes on 3rd St

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Assigned schools

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