Great Investment opportunity: Check out this 1,380 s.ft. - 2-story apartment building for sale. This newly renovated property has all new appliances, new flooring, new fixtures, new cabinetry, new HVAC heat pump systems; new roof, new lighting and new windows. Both Apartments Units have 2 Bedrooms, 1 Bath, Living and Kitchen. Both units are tenant occupied; the Upstairs Apartment rents for $925 per month and Downstairs Apartment rents for $875 per month. As a bonus, the property also comes with a separate 1 bedroom, 1 story frame house in the rear (the rear home is vacant, unoccupied and in need of some TLC). Motivated Seller!
This home is just waiting for you to see its potential. This 2-bedroom Madison home has so much to offer! Location, location, location! Conveniently located close to shopping, restaurants and highway access, just 10 minutes from downtown Saint Louis. This is a Must See! Before making an offer Buyer and/or buyer agent should verify all MLS data.
The median home value in Madison, IL is $100,000. This is lower than the county median home value of $164,400. The national median home value is $338,100. The average price of homes sold in Madison, IL is $100,000. Approximately 39.56% of Madison homes are owned, compared to 43.78% rented, while 16.66% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!
Madison, Illinois has a population of 2,752. Madison is less family-centric than the surrounding county with 10.74% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Madison, Illinois is $33,958. The median household income for the surrounding county is $66,882 compared to the national median of $69,021. The median age of people living in Madison is 52.1 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 42.2 inches per year, with 14.9 inches of snow per year.