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    Madison County, IL Commercial Real Estate for Sale

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    Retail Cottage with On-Site Parking
    Updated: Jun 15
    Retail Cottage with On-Site Parking

    509 Pearl Street, Godfrey, IL 62035

    $128,500
    714 sqft · 0.92 AC lot
    Former one‑bed, one‑bath cottage built in 1940, with vinyl siding and vinyl flooring
    Converted/updated for commercial use, with currently residential zoning and potential for business with a special use permit
    Capped plumbing in place from earlier hair salon use, plus washer/dryer combo and dryer included
    Heating and cooling: forced air heating and central air
    Large paved, fenced parking area in back with space for approximately 8–10 vehicles
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    This listing looks promising.

    Here's a quick look at some key insights for

    509 Pearl Street, Godfrey, IL 62035

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $11K
      Annual

    • Price @ 7% Cap

      $162K
      Above asking

    • Property Type

      Single Family Residence
      Built 1940
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    Restaurant and Warehouse Property
    Updated: Feb 16
    Restaurant and Warehouse Property

    1856 E Broadway, Alton, IL 62002

    $550,000
    7,126 sqft · 1.00 AC lot
    Brick, concrete, and block construction with central air cooling
    Includes commercial retail space, warehouse, and a 2‑car garage
    One storefront is a long‑time restaurant tenant with common storage shared between the storefront and other areas
    Warehouse tenant is on a month‑to‑month basis
    Public water and public sewer; cable available
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    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    201 W High Street, Edwardsville, IL 62025

    $900,000
    17,056 sqft · 0.61 AC lot

    Downtown Edwardsville building with office, warehouse, loading capability, and eight storage-unit style spaces under B-2 zoning.

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    Flexible Retail/Office Building
    Flexible Retail/Office Building

    1007 W Delmar Avenue, Godfrey, IL 62035

    $350,000
    6,000 sqft · 0.67 AC lot

    Versatile commercial building with updated systems, LED roadside signage, and B-1 zoning on two lots.

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    Turn-Key Restaurant with Office
    Turn-Key Restaurant with Office

    9180 State Route 140, Hamel, IL 62046

    $489,000
    2,962 sqft · 2.18 AC lot

    Restaurant with indoor dining, banquet space, and an included office building on interstate frontage with strong daily traffic.

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    Restaurant-Ready Commercial Site
    Restaurant-Ready Commercial Site

    1100 S State Route 157, Edwardsville, IL 62025

    $1,350,000
    4,224 sqft · 1.03 AC lot

    A 1.03-acre restaurant site with 4,224 SF building, parking, and frontage along a five-lane highway corridor.

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    Turn-Key Automotive Shop Opportunity
    Turn-Key Automotive Shop Opportunity

    808 E Broadway, Alton, IL 62002

    $475,000
    2,900 sqft · 0.45 AC lot

    Fully equipped automotive shop in high-traffic Alton location for sale.

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    Multi-Office Office Building
    Multi-Office Office Building

    344 W Saint Louis Avenue, East Alton, IL 62024

    $209,900
    4,658 sqft · 0.40 AC lot

    Multi-office office building with reception, conference room, kitchen, and parking, plus recent HVAC and roof updates.

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    Nonprofit Institutional Building with Meeting Rooms
    Nonprofit Institutional Building with Meeting Rooms

    1313 21st St., Granite City, IL 62040

    $500,000
    6,950 sqft

    Well-maintained building with flexible meeting spaces, kitchen, and multiple offices for community and educational programming.

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    Multi-Tenant Office Building
    Multi-Tenant Office Building

    3723 Nameoki Road, Granite City, IL 62040

    $275,000
    3,372 sqft · 0.29 AC lot

    Renovated multi-tenant office building with parking and prominent signage on Nameoki Road in Granite City.

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    Updated Office Building
    Updated Office Building

    3704 Pontoon Road, Granite City, IL 62040

    $120,000
    945 sqft · 0.30 AC lot

    Updated office building with on-site parking and a kitchenette, positioned for steady roadway visibility along Pontoon Road.

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    Mixed-Use Retail and Residential Building
    Mixed-Use Retail and Residential Building

    119 W 3rd Street, Alton, IL 62002

    $699,000
    10,200 sqft · 0.06 AC lot

    Income-producing mixed-use building with a restaurant and bar plus four apartments and an outdoor patio.

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    Mixed-Use Restaurant and Office Building
    Mixed-Use Restaurant and Office Building

    140 N MAIN Street, Edwardsville, IL 62025

    $1,025,000
    0.10 AC lot

    Downtown commercial building with a bar, updated patio, and office space plus additional 3rd-floor lounge area.

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    Former School Building
    Former School Building

    121 W Elm Street, Alton, IL 62002

    $285,000
    33,150 sqft · 2.18 AC lot

    Historic former school includes classrooms, gymnasium, auditorium, offices, and a sizable outdoor area for flexible redevelopment.

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    Medical Office Building with Parking
    Medical Office Building with Parking

    1 Professional Drive, Alton, IL 62002

    $4,000,000
    64,800 sqft · 4.33 AC lot

    Two floors plus lower level medical office with significant parking and available first-floor space under NNN terms.

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    Former Bank Building on Parkway
    Former Bank Building on Parkway

    4365 Alby Street, Alton, IL 62002

    $300,000
    7,340 sqft · 1.96 AC lot

    Visible former bank building with drive-thru and ample parking.

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    Secure Industrial and Office Complex
    Secure Industrial and Office Complex

    300 Washington Street, South Roxana, IL 62087

    $700,000
    3.50 AC lot

    Two fenced buildings with through-bay 14-foot doors and on-site offices support logistics, storage, loading, and repair operations.

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    Historic Campus Mixed-Use Opportunity
    Historic Campus Mixed-Use Opportunity

    2009 Seminary Street, Alton, IL 62002

    $530,000
    35,465 sqft · 39.30 AC lot

    Historic multi-building campus with classroom, administrative, dorm-style housing, and gym space on nearly 40 acres.

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    Automotive Service Building
    Automotive Service Building

    2805 E 23rd Street, Granite City, IL 62040

    $180,000
    0.79 AC lot

    Automotive-ready service bays with office space, laundry hookup, and parking on a high-visibility corner lot.

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    Multi-Use Office and Retail Building
    Multi-Use Office and Retail Building

    220 S Buchanan Street, Edwardsville, IL 62025

    $395,000
    0.22 AC lot

    Flexible interior with multiple offices, conference space, restrooms, kitchenette, and a back patio for office or retail use.

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    Professional Office Building with Parking
    Professional Office Building with Parking

    2100 State Street, Granite City, IL 62040

    $225,000
    0.29 AC lot

    Well-maintained office property with 36 off-street spaces and flexible space suited to service businesses in C-4.

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    Standalone Office Building with Private Offices
    Standalone Office Building with Private Offices

    1278 Vandalia Street, Collinsville, IL 62234

    $149,900
    0.21 AC lot

    Turnkey-ready professional space with reception, up to four offices, restroom, breakroom, and on-site parking off a primary corridor.

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    Granite City Multi-Use Facility
    Granite City Multi-Use Facility

    1908 State Street, Granite City, IL 62040

    $190,000
    17,691 sqft · 0.29 AC lot

    Multi-use facility in downtown Granite City with ample parking.

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    Commercial Office Property on Acreage
    Commercial Office Property on Acreage

    2911 N Center Street, Maryville, IL 62062

    $399,000
    7.23 AC lot

    Two thousand-plus-square-foot building on a wooded lot with commercial zoning, offering flexibility for office or wellness uses.

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    Madison County, IL Commercial Real Estate Market Trends and Statistics

    Explore 332 commercial real estate for sale in Madison County, IL, showcased through 332 active listings on our real estate platform. These investment opportunities span a total of 8,659,684 square feet of properties for sale, with an estimated market value of $65,053,661.

    Sale prices for business properties in Madison County, IL start at $40,000, averaging $747,743, and reaching up to $4,000,000 — 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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