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    209 W Madison St Rushville, IL 62681

    New
    For Sale
    $117,500

    Residential Income - Rushville, IL

    Property size:
    1,964 SF
    Days on Market:
    7
    Last Refresh:
    Dec 8 at 11:06 pm

    Property Features for 209 W Madison St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    08-30-352-015
    Parking
    4
    Parking features
    Guest, On Street
    Exterior features
    Level
    Size
    1,964 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Number of units
    2
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Happel Inc., REALTORS (217) 224-8383 [email protected]

    Listing agent Jacquelyn Weisenburger (217) 224-8383 License #475141177

    Listing date Dec 3, 2025

    MLS# CA1040403 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex in Rushville, IL

    Located in Rushville, Illinois, this well-maintained 2-unit property at 209 W Madison St. presents an investment opportunity. The property features numerous updates throughout. Both units received new siding, roof, windows, and HVAC systems in 2020, including all new ductwork, and come with 10-year transferable warranties. Unit #1, which rents for $700 per month, includes updated kitchen countertops, new flooring installed in 2020, an updated bathroom and laundry room completed in 2021, a newer stove (2025), and a washer and dryer installed in 2022. Unit #2 is also remodeled and includes its own washer and dryer. Electrical updates from the basement through the kitchen were completed in 2021, and both the interior water and sewer lines have been replaced. The main sewer line to the street was replaced in 2010. Extra roofing and siding materials will convey with the property. The property size is 1964 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rushville
    County
    Schuyler
    State
    Illinois
    Longitude
    -90.564019
    Latitude
    40.119269

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    • New
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      Updated Duplex in Rushville, IL

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    FAQs

    What type of property is this?
    Duplex - Well-maintained 2-unit property with numerous updates and income potential.
    Where is this duplex located?
    The property is located at 209 W Madison St Rushville, IL.
    What is the asking price?
    The asking price for this property is $117,500.
    What are key features of this property?
    This property features: - Solid income potential as a well-maintained 2-unit property.; - Significant updates including **new siding, roof, windows, and HVAC systems (2020) with 10-year transferable warranties.**; - Both units are remodeled and include their own washer and dryer.
    (217) 224-8383
    Request Owner's contact information
    209 W Madison St Rushville, IL 62681
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    Rushville, IL 62681
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 W Madison St Rushville, IL 62681
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