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    Madison County, IL Multifamily Properties for Sale

    27 results
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    Highland Apartment Building Investment
    $575,000
    6,519 SF

    Highland Apartment Building Investment

    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: Oct 22, 2025
    View details
    Granite City Income Property
    $115,000
    1,305 SF

    Granite City Income Property

    1437 Grand Ave, Granite City, IL 62040

    Income-generating duplex with two units and fenced yard.

    • Income‑generating property: Previously yielded $2000/month.
    • Includes a separate 1‑bedroom furnished rear unit.
    • Main house: 3 bedrooms, 2 baths.
    • Both units have laundry.
    • Fenced yard.
    Updated: Jan 2
    View details
    Alton, IL Four-Unit Multifamily Property
    $159,000
    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
    View details
    East Alton Income Property
    $79,900
    1,288 SF

    East Alton Income Property

    Three-unit residential income property in East Alton, Illinois.

    187 Goulding St, East Alton, IL 62024
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    Remodeled Duplex with Income Potential
    $142,900
    0.11 Acres

    Remodeled Duplex with Income Potential

    Granite City duplex, remodeled, ready to rent, investment opportunity.

    2720 Iowa St, Granite City, IL 62040
    View details
    Collinsville Duplex on Large Lot
    $99,900
    1,716 SF

    Collinsville Duplex on Large Lot

    All-brick duplex in Collinsville, Illinois, on almost half an acre.

    1721 California Ave, Collinsville, IL 62234
    View details
    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
    View details
    Alton Duplex with Two Units
    $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
    View details
    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
    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
    View details
    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
    View details
    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
    View details
    Versatile Commercial Space in Bethalto
    $289,900
    0.11 Acres

    Versatile Commercial Space in Bethalto

    Remodeled mixed-use property with rental income potential in downtown Bethalto.

    200 W Central St, Bethalto, IL 62010
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    Alton Multifamily Property with Cottage
    $220,000
    1,443 SF

    Alton Multifamily Property with Cottage

    Multifamily property featuring a main residence and separate cottage.

    3302 College Ave, Alton, IL 62002
    View details
    East Alton Income Property
    $114,900
    2,353 SF

    East Alton Income Property

    Fully rented triplex in good condition with immediate income potential.

    112 Bonds Ave, East Alton, IL 62024
    View details
    Turnkey Bar with Income Potential
    $350,000
    0.04 Acres

    Turnkey Bar with Income Potential

    Established bar in downtown Alton with gaming and apartment.

    314 State St, Alton, IL 62002
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    Updated Duplex in Madison, Illinois
    Pending
    $109,900
    1,807 SF

    Updated Duplex in Madison, Illinois

    Updated duplex, ideal for investors or owner-occupants seeking rental income.

    1534 7Th St, Madison, IL 62060
    View details
    Land in Azalea Gardens
    Pending
    $259,000

    Land in Azalea Gardens

    Prime lots available in Azalea Gardens Condominiums community.

    4801 Azalea Pl, Godfrey, IL 62035
    View details
    Triplex Investment Opportunity
    $135,000
    1,950 SF

    Triplex Investment Opportunity

    Triplex outside Collinsville limits, all units occupied, investment opportunity.

    1322 Leland St, Collinsville, IL 62234
    View details
    New Douglas Duplex with Garages
    $153,500
    1,724 SF

    New Douglas Duplex with Garages

    Well-maintained duplex in quiet location, great investment or owner-occupancy.

    812 W Douglas St, New Douglas, IL 62074
    View details

    Madison County, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 94 multifamily properties for sale in Madison County, IL, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 3,190,934 square feet of properties for sale, with an estimated market value of $106,272,800.

    Prices for multifamily properties in Madison County, IL start at $35,000, averaging $1,328,410, and reaching up to $11,785,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Multifamily properties by market

    Browse Multifamily properties for Sale Near Madison, IL

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