This study aimed to develop a Structural Health Monitoring System for steel beams in the manner of suggesting and verifying a theoretical formula for displacement estimation using strain gauges, and estimating the loading points and magnitude. According to the results of this study, it was found that when a load of 160kN (56% of the yield load) was applied, the error rate of the deflection obtained with a strain gauge at the point of maximum deflection compared to the deflection measured with a displacement meter was within 2%, and that the estimates of the magnitude and points of load application also showed the error rate of not more than 1%. This suggests that the displacement and load of steel beams can be measured with strain gauges and further, it will enable more cost-effective sensor designing without displacement meter or load cell. The Structural Health Monitoring System program implemented in Lab VIEW gave graded warnings whenever the measured data exceeds the specified range (strength limit state, serviceability limit state, yield strain), and both the serviceability limit state and strength limit state could be simultaneously monitored with strain gauge alone.