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    Madison, IL
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    Madison, IL Apartment Buildings for Sale

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    Granite City, IL Saint Louis, MO East St Louis, IL Pontoon Beach, IL Hazelwood, MO Riverview, MO
    Eight-Unit Apartment Buildings
    Updated: Sep 10
    Eight-Unit Apartment Buildings

    1906 Rhodes St, Madison, IL 62060

    $520,000
    2,250 sqft
    Two buildings with eight total 1 bed/1 bath units
    50% of units updated with LVP flooring and stainless steel kitchen appliances
    Windows and exterior doors replaced in 2025
    New attic insulation installed in 2025
    Crawlspace vapor barrier and rim joist insulation added in 2025
    View details
    6-Unit Apartment Building
    Updated: Sep 17
    6-Unit Apartment Building

    924 MADISON AVE, Madison, IL 62060

    Contact for pricing
    3,514 sqft
    Six residential units in one building
    Approximately 3,514 SF
    Built in 1920
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Apartment Building for sale in Madison, IL. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    2200 Iowa Street, Granite City, IL 62040

    $289,900
    6 units  4,148 sqft  Built 1963  brick  0.17 acres

    Six apartment homes across from a hospital, with updated units, parking, and a fenced front yard.

    6 x 1BR/1BA  Side parking  Fenced front yard area  Central air and window units
    View details
    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    2200 Iowa Street, Granite City, IL 62040

    $289,900
    6 units  4,148 sqft  Built 1963  brick

    Positioned across from a hospital, the property combines a six-apartment layout with a mix of occupied and vacant units.

    6 x 1BR/1BA
    View details
    Brick Eight-Unit Apartment Building
    Brick Eight-Unit Apartment Building

    Saint Louis, MO 63115

    $60,000
    7,636 sqft 0.19 AC lot

    Brick construction and an unfinished rehabilitation project create a multifamily redevelopment opportunity.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    4158 E Green Lea Pl, Saint Louis, MO 63115

    $60,000
    7,636 sqft

    Apartment building requiring completion of a partially finished rehabilitation following tornado damage.

    View details

    Off-Market Properties in Madison, IL

    Consider similar Off-Market properties in Madison, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1926 Edwardsville Rd
    APARTMENT HOUSE (5+ UNITS)

    1926 Edwardsville Rd, Madison, IL 62060-1368

    Estimated value:
    $290,000
    2,250 sqft 0.14 AC lot
    View details
    1432 6th St
    APARTMENT HOUSE (5+ UNITS)

    1432 6th St, Madison, IL 62060-1467

    Estimated value:
    $160,000
    1,046 sqft 0.25 AC lot
    View details

    Madison, IL Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Madison, IL on our real estate platform. These investment opportunities span a total of 5,764 square feet of properties for sale, with an estimated market value of $520,000.

    Sale prices for apartment complexes in Madison, IL average $520,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,619
    Population Growth (5Y) -21.1%
    Median Household Income $40,139
    College Educated 10.0%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62060 $520K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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