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    Property profile & analytics

    2606 Monroe St Madison, WI 53711-1802

    • Investment properties
    • 4,864 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 24, 2021
    $825,000
    Location Intelligence
    Property ID
    US92-0593506
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Destination Bicycle / Bicycle Repair Shop

    Property Details for 2606 Monroe St

    Year built
    1928
    Lot size
    0.14 lot acres
    Property size
    4,864 SF
    Zone code
    TSS
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0709-281-0619-9
    APU
    70928106199

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4285
    Latitude
    43.0577
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $16,263
    $85,000
    $820,000
    $905,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      32,454 SF

      3502 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 32,454 SF
      3502 Monroe St, Madison, WI 53711-1703
      View Details
    • Value Estimation by Request
      5,005 SF

      815 Forward Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 5,005 SF
      815 Forward Dr, Madison, WI 53711-2443
      View Details
    • Value Estimation
      $355,000
      1,336 SF

      1717 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,336 SF
      1717 Monroe St, Madison, WI 53711-2096
      View Details
    • Value Estimation by Request
      1,250 SF

      1929 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,250 SF
      1929 Monroe St, Madison, WI 53711
      View Details
    • Value Estimation by Request
      3,471 SF

      1910 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,471 SF
      1910 Monroe St, Madison, WI 53711-2089
      View Details
    • Value Estimation by Request
      6,116 SF

      2605 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,116 SF
      2605 Monroe St, Madison, WI 53711-1801
      View Details

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      Well-maintained duplex with 3 bedrooms, ideal for owners or investors.
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      Residential Land in Fitchburg, WI

      Residential land for building a dream home near Madison.
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      Residential Lot in Fitchburg, WI

      Residential lot in Fitchburg, WI, near downtown Madison.
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    Similar Nearby for Lease

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      Prime Medical Office, 2,145 SF Available
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      Prime Fitchburg location, flexible office suites.
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    • $10 SF/Yr
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      Madison Retail Center - Prime Location

      High-traffic retail space available.
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    • $10 SF/Yr
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      Retail Space in Madison Center

      Retail space available in densely populated, anchored shopping center.
      5704-5750 Raymond Rd, Madison, WI 53711
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    • $16 SF/Yr
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      Madison Retail/Restaurant Opportunity

      Prime Madison location, 4,038 SF available.
      5630 Schroeder Rd, Madison, WI 53711
      View Details
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    2606 Monroe St
    Madison, WI 53711-1802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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