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Madison County, IL Residential Income Properties for Sale

29 results
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Updated Duplex in Madison, Illinois
Pending
$109,900
1,807 SF

Updated Duplex in Madison, Illinois

1534 7Th St, Madison, IL 62060

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

  • Turnkey duplex investment property with immediate rental income.
  • Two units: Unit A (2 bed/1 bath) rented for $500/month, Unit B (3 bed/1 bath) rented for $850/month.
  • Recent upgrades including new flooring, appliances, fixtures, front porch, paint, and water heater.
  • Convenient location near McKinley Bridge and Worldwide Technology Raceway.
  • Low annual taxes and attractive price point.
Updated: Dec 29, 2025
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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
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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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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
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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
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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
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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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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
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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
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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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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 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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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
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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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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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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
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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
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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 Townhome with Modern Amenities
$119,900
1,500 SF

Updated Townhome with Modern Amenities

Move-in ready townhome featuring new flooring, appliances, and fresh paint.

1501 Poplar St, Highland, IL 62249
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Land in Godfrey, Illinois
Pending
$279,000

Land in Godfrey, Illinois

Last available unit in Azalea Gardens Condominiums community.

4803 Azalea Pl, Godfrey, IL 62035
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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
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Madison County, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 96 residential income properties for sale in Madison County, IL, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 5,354,568 square feet of properties for sale, with an estimated market value of $107,443,800.

Prices for residential income properties in Madison County, IL start at $35,000, averaging $1,360,048, 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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