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    Madison County, IL Residential Income Properties for Sale

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    Four-Unit Income Duplex
    Four-Unit Income Duplex

    2321 Washington Avenue, Granite City, IL 62040

    $140,000
    1,737 sqft 0.11 AC lot

    Property is currently configured as four income-producing units, including a detached two-story garage with two efficiency-style spaces.

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    This listing looks promising.

    Here's a quick look at some key insights for

    2321 Washington Avenue, Granite City, IL 62040

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $183K
      Above asking

    • Property Type

      Single Family Residence
      Built 1918
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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    2713 College Avenue, Alton, IL 62002

    $215,500
    2,140 sqft 0.17 AC lot

    Three-unit rental property with one two-bedroom and two one-bedroom units, off-street parking, and recent exterior upgrades.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    516 N Old Edwardsville Road, Roxana, IL 62084

    $69,900
    1,886 sqft 0.19 AC lot

    Two occupied units with month-to-month tenants offer a straightforward residential income setup.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    3208 Batson Drive, Alton, IL 62002

    $98,500
    1,072 sqft 0.12 AC lot

    Duplex features two 1BR units, a detached 2-car garage, and in-unit kitchen appliances included.

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    Vacant Quadplex for Sale
    Vacant Quadplex for Sale

    1900 Cleveland Blvd, Granite City, IL 62040

    Contact for pricing

    Four residential units are currently vacant and available for sale as a quadplex.

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    Turnkey Duplex Investment
    Turnkey Duplex Investment

    2446 State Street, Granite City, IL 62040

    $190,000
    2,868 sqft 0.17 AC lot

    Fully occupied two-unit duplex with modern kitchen updates, new windows, and tenant-paid utilities to support day-one income.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    2013 Grand Avenue, Granite City, IL 62040

    $65,000
    3,925 sqft 0.14 AC lot

    Four 2-bedroom, 1-bath units in a quadplex configuration, sold as-is with no seller repairs or inspections.

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    Multifamily Apartment Building with Parking
    Multifamily Apartment Building with Parking

    614 Washington Avenue, Alton, IL 62002

    Contact for pricing

    Ten-unit apartment building in Alton with off-street lighted parking and fully occupied units.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    612 Mechanic Street, Alton, IL 62002

    $139,000
    1,594 sqft 0.17 AC lot

    Four 1-bedroom, 1-bath units on one centrally located property in Alton, with three units occupied.

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    Four-Unit Multi-Family with Garage
    Four-Unit Multi-Family with Garage

    2230 E 24th Street, Granite City, IL 62040

    $67,000
    0.24 AC lot

    Four-unit multi-family includes two upper studio units, two main-level 1-bed units, and a 3-car deep garage.

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    Brick Multifamily Apartment Community
    Brick Multifamily Apartment Community

    1003 Washington Avenue, Alton, IL 62002

    Contact for pricing

    Well-maintained 23-unit brick property with one- and two-bedroom apartments, including five townhouse-style units.

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    Renovated Six-Unit Apartment Building
    Renovated Six-Unit Apartment Building

    1111 Arrowhead Drive, Collinsville, IL 62234

    $410,000
    0.28 AC lot

    Renovated six-unit building with five updated units and one occupied unit with below-market rent.

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    Two-Unit Rental Bungalow
    Two-Unit Rental Bungalow

    615 N Center Street, Collinsville, IL 62234

    $179,900
    1,134 sqft 0.26 AC lot

    A move-in-ready duplex includes a rented 2-bedroom home plus a separate 1-bedroom guest/rental unit on-site.

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    Historic Office Building and Apartments
    Historic Office Building and Apartments

    2100 Delmar Avenue, Granite City, IL 62040

    Contact for pricing

    Corner commercial building with two street-facing entrances on the ground floor and two residential units upstairs.

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    Corner Commercial Land with Home
    Corner Commercial Land with Home

    105 S Donk Avenue, Maryville, IL 62062

    $160,000
    0.26 AC lot

    Corner lot with B-1 commercial zoning and an AS-IS home, offering flexible options for parking or development in Maryville.

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    Two-Unit Duplex Investment Property
    Two-Unit Duplex Investment Property

    2345 State Street, Granite City, IL 62040

    Contact for pricing
    1,218 sqft 0.20 AC lot

    Two-unit duplex in Granite City with a spacious layout, suited for investors prepared for major renovation.

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    Triplex with Commercial C2 Zoning
    Triplex with Commercial C2 Zoning

    611 12th Street, Highland, IL 62249

    Contact for pricing

    Three-level property with separate entrances, zoned C2, and historically used as a three-tenant rental.

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    MULTI_FAMILY - Other - Alton, IL
    MULTI_FAMILY - Other - Alton, IL

    617 State Street, Alton, IL 62002

    $495,000
    0.21 AC lot

    Short term rental properties · 0.21 Acres

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    Two-Unit 2-Bedroom Duplex
    Two-Unit 2-Bedroom Duplex

    504 MARSH Avenue, Alton, IL 62002

    $124,000

    Two-unit duplex built in 2001, currently occupied, with recently updated roof, water heater, and HVAC.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 43 Active Listings in Madison County, IL, we suggest to view alternatives - similar 29 Off-Market properties to explore as potential leads.

    Off-Market Properties in Madison County, IL

    Consider similar Off-Market properties in Madison County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2323 Washington Ave
    APARTMENT HOUSE (5+ UNITS)

    2323 Washington Ave, Granite City, IL 62040-5441

    Value Estimation by Request
    1,880 sqft 0.11 AC lot
    View details
    501 Guernsey St
    APARTMENT HOUSE (5+ UNITS)

    501 Guernsey St, Collinsville, IL 62234-3311

    Value Estimation by Request
    2,940 sqft 0.40 AC lot
    View details
    209 Humboldt St
    APARTMENT HOUSE (5+ UNITS)

    209 Humboldt St, Marine, IL 62061-1418

    Value Estimation by Request
    1,240 sqft 0.41 AC lot
    View details
    2500 Donald Ave
    APARTMENT HOUSE (5+ UNITS)

    2500 Donald Ave, Alton, IL 62002-2817

    Value Estimation by Request
    2,485 sqft 0.21 AC lot
    View details
    476 Hamilton Ave
    APARTMENT HOUSE (5+ UNITS)

    476 Hamilton Ave, Wood River, IL 62095-1572

    Value Estimation by Request
    962 sqft 0.12 AC lot
    View details
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