1348 Madison Avenue, Madison, IL 62060
MULTI_FAMILY - Madison, IL
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 6 at 4:06 am
Property Features for 1348 Madison Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement
- Basement
- Partial, Walk-Out Access
- Standard status
- Active
- APN
- 21-2-19-24-19-402-008
- Size
- 4,608 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1745
Utilities
- Heating system
- Hot Water(Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Number of units
- 3
- Building materials
- Brick
Listing agent Devin Outman License #475183933 (618) 466-1513
Listing office Landmark Realty 3049 Godfrey Road, Godfrey, IL (618) 466-1513
Listing date Mar 10, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use brick property built in 1940 with central air and forced‑air/hot water heating
- Upstairs apartments are currently rented: 2BR/1BA at $900/mo and 1BR/1BA at $850/mo
- Main floor bar & grill previously rented for $1,500/mo; included commercial kitchen equipment and walk‑in refrigeration system
- Roof fully replaced with architectural shingles in 2023
- Utilities: one electric, one gas, and one water meter; commercial tenant previously paid all utilities under lease terms
- Extra parcel included (21‑2‑19‑401‑037), a gravel lot for additional parking or future development; separate address 1400 Madison Ave
Overview
The roof was completely replaced with architectural shingles in 2023. The remarks also note that there is one electric, one gas, and one water meter, and that the commercial tenant previously paid all utilities under the lease terms.
For tenants, buyers, or operators seeking an owner-occupied or managed setup, the configuration provides separate income streams from the bar and grill and the two rental apartments. An additional included parcel is described as a gravel lot for extra parking or further development, located across the street on the opposite corner and listed with a separate address of 1400 Madison Ave.
Current Use by Public Records
Similar Places Nearby
- El Rey de Mil Coronas — 2001 Hildebrand St, Madison, IL 62060
- Two of One Bar and Lounge — 1430 Broadway, Venice, IL 62090
- Perigen Tavern — 1200 Iowa St, Madison, IL 62060
- McGee's Bar and Grill Incorporated — 1112 state st, madison, il 62060
- Al's 520 Club — 520 Madison Ave, Madison, IL 62060
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Illinois
- Longitude
- -90.1545
- Latitude
- 38.691612
