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    Madison, IL Duplexes for Sale

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    Granite City, IL Saint Louis, MO Defiance, MO
    Mixed-Use Property with Income Potential
    $199,000
    4,608 SF
    Mixed-Use Property with Income Potential

    1348 Madison Avenue, Madison, IL 62060

    Mixed-use property featuring residential and commercial income opportunities.
    • Turnkey bar & grill ready for immediate operation or tenant placement, previously rented for $1,500/month.
    • Two currently rented residential apartments generating income: a 2‑bedroom unit at $900/month and a furnished 1‑bedroom unit at $850/month.
    • All kitchen equipment included: commercial stove top, fryers, prep coolers, range hood, walk‑in refrigeration system, and beer coolers.
    • Extra parcel included (1400 Madison Ave): a gravel lot for parking or development.
    • Roof completely replaced in 2023 with architectural shingles.
    Updated: Mar 5
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Granite City Turnkey Duplex Investment
    $190,000
    2,868 SF
    Granite City Turnkey Duplex Investment

    Fully occupied duplex with strong cash flow and modern updates.

    2446 State Street, Granite City, IL 62040

    View details
    St. Louis Two-Family Investment Property
    $120,000
    0.09 Acres
    St. Louis Two-Family Investment Property

    Two-family property with convenient location and easy access to amenities.

    4410 N 19th Street, St, Louis, MO 63107

    View details
    St Louis Two-Family Brick Building
    $120,000
    0.08 Acres
    St Louis Two-Family Brick Building

    Two-family brick building in St Louis with convenient access.

    4315 N 19th Street, St, Louis, MO 63107

    View details
    Granite City Duplex: Investor Opportunity
    Contact for pricing
    1,218 SF
    Granite City Duplex: Investor Opportunity

    Duplex in rough condition, ideal for renovation and resale.

    2345 State Street, Granite City, IL 62040

    View details

    Madison, IL Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Madison, IL on our real estate platform. These investment opportunities span a total of 4,608 square feet of properties for sale, with an estimated market value of $199,000.

    Sale prices for duplexes in Madison, IL start at $199,000, averaging $199,000, and reaching up to $199,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Duplexes 1

    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 $199K

    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)

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