Search
Storefront Building with Unfinished Basement
For Sale
Contact for pricing
Pending

1122 Madison Avenue, Madison, IL 62060

Commercial building with two bathrooms, a 2022 roof, and repairs needed before completion.

Property SizeContact for details
Days on Market142

Property Features for 1122 Madison Avenue

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: Coldwell Banker Commercial Brown, Realtors Troy
Listed By: Edmilson Yaxcal · License #2024003161
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Brown, Realtors Troy

Investment Insights

Based on property information with market context.

This storefront commercial building includes two bathrooms and an unfinished basement that adds usable area beyond the finished portion. A new roof was installed in 2022, while the building requires repairs and further completion work.

The property is offered in its current condition, with the seller making no repairs. The stated use potential includes retail sales of convenience and durable goods, as well as eating and drinking establishments. Located at 1122 Madison Avenue in Madison, Illinois, the property fronts a main road described as carrying high traffic.

Key Highlights

  • Unfinished basement provides additional square footage beyond the finished area
  • New roof installed in 2022
  • Includes two bathrooms

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office HVAC Service Hair Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Family Dollar Shops & Services
4,075 visits/mo 0.5 miles
Phillips 66 Shops & Services
3,999 visits/mo 0.1 miles
Regions Bank Shops & Services
1,808 visits/mo 0.4 miles
Krispy Krunchy Chicken Dining
1,742 visits/mo 0.1 miles

Demographics for 62060, IL

3,865
Population
2,018
Households
1.9
Avg Household Size
40
Median Age
7%
College-Educated
82%
High-School Grad
3.5 sq mi
ZIP Area
1,104
Density / Sq Mi
$40,139
Median Household Income
$35,762
Median Earnings
$1,019
Median Rent
$53,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with two bathrooms, a 2022 roof, and repairs needed before completion.
Where is this storefront property located?
The property is located at 1122 Madison Avenue Madison, IL.
What are key features of this property?
This property features: Unfinished basement provides additional square footage beyond the finished area; New roof installed in 2022; Includes two bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message