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    Madison County, IL Multifamily Properties for Sale

    34 results
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    Granite City Multifamily Investment Opportunity
    $675,000
    4,950 SF

    Granite City Multifamily Investment Opportunity

    1 Georgetown Dr, Granite City, IL 62040

    Two fully occupied four-unit buildings in Granite City, Illinois.

    • Turnkey cash flow from day one with two fully occupied 4‑unit buildings (8 total units).
    • Strong rental history with professional property management in place.
    • Recent updates include new roofs and partial siding improvements.
    • Located in a high‑demand rental area.
    • Immediate income and potential for future rent increases and value‑add improvements.
    Updated: Feb 5
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    Highland, IL Multifamily Investment Opportunity
    $563,000
    6,519 SF

    Highland, IL Multifamily Investment Opportunity

    213 Broadway, Highland, IL 62249

    Five-unit apartment building in Highland, Illinois, with covered parking.

    • Great investment opportunity with 5 units, all currently occupied.
    • Two large units offer 1,500 sqft of living space each.
    • New roof installed in 2024.
    • Each unit includes its own washer/dryer hookup.
    • All kitchen appliances in each unit are included.
    Updated: Jan 20
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    Granite City Income-Producing Duplex
    $115,000
    2,086 SF

    Granite City Income-Producing Duplex

    Income-producing duplex in Granite City, Illinois, with month-to-month leases.

    2824 E 24Th St, Granite City, IL 62040
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    New Construction Duplex Investment Property
    $720,000
    4,004 SF

    New Construction Duplex Investment Property

    New construction duplex in Edwardsville, featuring hardwood floors and granite countertops.

    652 N Kansas St, Edwardsville, IL 62025
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    Granite City Multifamily Investment Opportunity
    $675,000
    0.42 Acres

    Granite City Multifamily Investment Opportunity

    Two fully occupied, well-maintained 4-unit buildings in high-demand rental area.

    1 Georgetown Dr, Granite City, IL 62040
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    Granite City Triplex Opportunity
    $120,000
    1,565 SF

    Granite City Triplex Opportunity

    Triplex in central Granite City with income potential.

    2108 Washington Ave, Granite City, IL 62040
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    Granite City Duplex Investment Property
    $145,000
    1,712 SF

    Granite City Duplex Investment Property

    Well-maintained duplex with steady rental income in Granite City.

    24 Eastgate Dr, Granite City, IL 62040
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    Multifamily Property with Cottage House
    $210,000
    1,443 SF

    Multifamily Property with Cottage House

    Multifamily property featuring a main residence and separate cottage house.

    3302 College Ave, Alton, IL 62002
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    Alton, IL Investment Duplex
    $110,000
    0.11 Acres

    Alton, IL Investment Duplex

    Duplex in Christian Hill, walking distance to downtown Alton.

    314 W 4Th St, Alton, IL 62002
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    Alton Duplex with Two Units
    Pending
    $59,900
    1,260 SF

    Alton Duplex with Two Units

    Duplex in Alton, Illinois, featuring two separate units.

    728-730 E 6Th St, Alton, IL 62002
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    Roxana Duplex Investment Opportunity
    $69,900
    1,886 SF

    Roxana Duplex Investment Opportunity

    Duplex in Roxana, Illinois, ideal for investors.

    516 N Old Edwardsville Rd, Roxana, IL 62084
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    Granite City Income Property
    $115,000
    1,305 SF

    Granite City Income Property

    Income-generating duplex with two units and fenced yard.

    1437 Grand Ave, Granite City, IL 62040
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    East Alton Multifamily Income Property
    Pending
    $130,000
    2,520 SF

    East Alton Multifamily Income Property

    Multifamily unit with income potential in East Alton, Illinois.

    111 Henry St, East Alton, IL 62024
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    Granite City Income Property
    $110,000
    1,761 SF

    Granite City Income Property

    Income-producing duplex with tenant-occupied units and signed leases.

    2713 Ralph St, Granite City, IL 62040
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    Turnkey Duplex in East Alton
    Pending
    $94,900
    1,425 SF

    Turnkey Duplex in East Alton

    East Alton duplex, ideal for investors, generating net positive ROI.

    300 Cobb St, East Alton, IL 62024
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    Commercial Building with Income Apartment
    $225,000
    3,062 SF

    Commercial Building with Income Apartment

    All-brick commercial building with income-producing apartment in high-traffic area.

    2248 E Broadway, Alton, IL 62002
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    New All-Brick Triplex Investment
    $385,000
    3,300 SF

    New All-Brick Triplex Investment

    Newly completed triplex with spacious units and ample parking.

    329 Rutledge St, Worden, IL 62097
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    Former School with Redevelopment Potential
    $285,000
    33,150 SF

    Former School with Redevelopment Potential

    Former school building suitable for redevelopment in Alton, Illinois.

    121 W Elm St, Alton, IL 62002
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    Edwardsville Commercial Land For Sale
    $758,700
    5.62 Acres

    Edwardsville Commercial Land For Sale

    Mixed-use commercial property in Gateway Commerce Center Enterprise zone.

    3955 Blackburn Rd, Edwardsville, IL 62025
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    Two Detached Homes, One Lot
    $250,000
    2,165 SF

    Two Detached Homes, One Lot

    Two homes on one lot, ideal for rental income.

    2821 Edwards St, Granite City, IL 62040
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    Worden Income Property with Residences
    $245,000
    2,342 SF

    Worden Income Property with Residences

    Investment opportunity with duplex and manufactured home in Worden.

    307 Sandbach, Worden, IL 62097
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    Land For Sale, Highland, IL
    $57,000
    0.33 Acres

    Land For Sale, Highland, IL

    Land available in Highland, Illinois.

    55 Jasons Pointe, Highland, IL 62249
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    Alton, IL Four-Unit Multifamily Property
    $139,000
    1,594 SF

    Alton, IL Four-Unit Multifamily Property

    Four-unit multifamily property with strong rental history in Alton, IL.

    612 Mechanic St, Alton, IL 62002
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    Granite City Duplex: Investor Opportunity
    Pending
    $35,000
    1,218 SF

    Granite City Duplex: Investor Opportunity

    Duplex in rough condition, offering significant renovation potential for investors.

    2345 State St, Granite City, IL 62040
    View details

    Madison County, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 103 multifamily properties for sale in Madison County, IL, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 3,243,537 square feet of properties for sale, with an estimated market value of $107,670,100.

    Sale prices for multifamily properties in Madison County, IL start at $35,000, averaging $1,329,260, and reaching up to $11,785,000 — 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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