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!
Exceptional investment potential awaits in this all-brick property, currently a church (3220 sf) with flexible zoning to support a range of uses—from community centers, housing, and mixed-use, to schools or daycare facilities. The sanctuary holds over 130, plus balcony seating, and the main floor is equipped with multiple offices. The lower level includes a spacious fellowship hall, a full kitchen, a baptism pool, and additional rooms, creating an ideal setup for multifunctional needs. Adjacent to the main building, a second structure—currently office space—(2160 sf) has potential as a daycare, youth center, or additional office area with its own kitchen and bathrooms. Both buildings are fenced, providing added security, and the sale includes five parcels, three of which serve as parking lots with future development potential. Schedule a showing today to explore all the possibilities it offers.
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.
2 story home with over 2000 sq ft once stood on this corner lot. Home Burned and was cleared by the city of Madison. Lot is still available to have a nice home rebuilt on this residential lot or a parking lot
Nice level lot with endless possabilities.Electric, gas, sewer are all there from previous property that was tour down.