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6-Unit Apartment Building
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924 MADISON AVE, Madison, IL 62060

Six residential units are housed in one multifamily structure.

Property Size3,514 SF
Price / SF$17.07
Days on Market8

Property Features for 924 MADISON AVE

General Information

Standard status Active
Size 3,514 SF
Property subtype Multifamily

Additional Details

Asking Price $60,000
Multifamily Units 6

Building Details

Year Built 1920
Buildings 1
Listing Agency: H3 Capital Real Estate
Listed By: Brendan Barone · License #IL 475.166300
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 2:53PM

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 H3 Capital Real Estate

Investment Insights

Based on property information with market context.

This apartment property combines six residential units in a single building. The structure contains approximately 3,514 square feet and dates to 1920, providing a straightforward multifamily configuration.

Key Highlights

  • Six residential units in one building
  • Approximately 3,514 SF
  • Built in 1920

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Spa & Massage Center Kitchen & Bath Showroom Parking Lot & Garage

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six residential units are housed in one multifamily structure.
Where is this apartment building located?
The property is located at 924 MADISON AVE Madison, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Six residential units in one building; Approximately 3,514 SF; Built in 1920
(618) 606-3829 Call to check price and availability
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