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    Granite City, IL Saint Louis, MO E St Louis, IL Defiance, MO Pontoon Beach, IL Hazelwood, MO Riverview, MO Cahokia, IL
    Mixed-Use Building with Bar and Apartments
    Updated: Jul 11
    Mixed-Use Building with Bar and Apartments

    1348 Madison Avenue, Madison, IL 62060

    $199,000
    4,608 sqft 0.29 AC lot
    4,608‑square‑foot mixed‑use building on a 0.2927‑acre parcel
    Two residential units: 2‑bedroom/1‑bath and furnished 1‑bedroom/1‑bath
    Main‑floor bar‑and‑grill space with commercial kitchen equipment
    Walk‑in refrigeration, beer coolers, fryers, prep coolers, and range hood included
    Architectural shingle roof replaced in 2023
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Carry-Out Restaurant Property
    Carry-Out Restaurant Property

    7950 N Broadway, St, Louis, MO 63147

    $350,000
    0.12 AC lot

    Configured for takeout and snack service, with updated building systems and equipment included.

    View details
    Wedding Venue with Event Garden
    Wedding Venue with Event Garden

    1808 S 9th St, St, Louis, MO 63104

    $2,650,000

    Former church and schoolhouse with commercial kitchens, guest lodging, and adaptable indoor-outdoor event areas.

    View details
    Commercial Kitchen with Restaurant Equipment
    Commercial Kitchen with Restaurant Equipment

    4156 N Newstead Ave, Saint Louis, MO 63115

    $120,000

    Restaurant-ready space with commercial cooking, preparation, storage, and office areas.

    View details
    Three-Story Corner Restaurant Building
    Three-Story Corner Restaurant Building

    3500 S Jefferson Ave, Saint Louis, MO 63107

    $210,000

    Three-story corner property offers a flexible foundation for retail, bar, restaurant, or mixed-use concepts.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Signalized Corner Commercial Land
    Signalized Corner Commercial Land

    9499 Lewis And Clark Boulevard .88 Acres Corner Lot, St, Louis, MO 63136

    $632,000
    0.88 AC lot

    Commercial land with dual-road access, public water, and exposure at a signalized intersection.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    9499 Lewis And Clark Boulevard .88 Acres, St, Louis, MO 63136

    $483,000
    0.88 AC lot

    Corner commercial land with public water available and frontage along St. Cyr Road.

    View details
    Signalized Commercial Land
    Signalized Commercial Land

    9499 Lewis And Clark Boulevard, St, Louis, MO 63136

    $999,000
    1.76 AC lot

    Corner development site with dual-road access, public water, and potential for commercial, convenience, food, fuel, or car wash uses.

    View details
    Commercial Infill Development Lot
    Commercial Infill Development Lot

    4483 Hunt Avenue, St, Louis, MO 63110

    $100,000
    0.07 AC lot

    Commercially zoned lot offered with an existing home ready for demo, sized about 25 by 127 feet.

    View details

    Madison, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Madison, IL on our real estate platform. These investment opportunities span a total of 4,608 square feet of properties for sale, with an estimated market value of $199,000.

    Sale prices for restaurant properties in Madison, IL average $199,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 3,619
    Population Growth (5Y) -21.1%
    Median Household Income $40,139
    College Educated 10.0%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62060 $199K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

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    Residential Income

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