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    Madison County, IL Triplexes for Sale

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    Three-Unit Rental Triplex with New Roof
    Updated: Jul 22
    Three-Unit Rental Triplex with New Roof

    2713 College Avenue, Alton, IL 62002

    $209,000
    2,140 sqft 0.17 AC lot
    Three‑unit triplex with one two‑bedroom unit and two one‑bedroom units
    New roof installed in 2023 and all new windows
    2140 SF triplex on 0.1707‑acre lot
    Forced‑air heating with central air plus window and wall/window AC units
    Kitchen appliances stay with the units
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    This listing looks promising.

    Here's a quick look at some key insights for

    2713 College Avenue, Alton, IL 62002

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $225K
      Above asking
    View Property Analytics
    Newly Built Brick Triplex
    Updated: Jul 11
    Newly Built Brick Triplex

    329 Rutledge Street, Worden, IL 62097

    $379,900
    3,300 sqft 0.57 AC lot
    3,300 square feet across three residential units
    Completed in 2024 with all‑brick construction
    Unit mix includes two 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit
    0.5725‑acre parcel at 329 Rutledge Street, Worden, IL 62097
    Assigned and off‑street parking
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    Triplex Property with Porch
    Triplex Property with Porch

    1937 Benton Street, Granite City, IL 62040

    $70,000
    2,609 sqft 0.14 AC lot

    Mostly gutted interior offered as-is, with replacement windows and doors included.

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    Three-Unit Apartment Building
    Three-Unit Apartment Building

    2713 College Ave, Alton, IL 62002

    $209,000
    2,140 sqft

    Unit mix includes one two-bedroom apartment and two one-bedroom apartments.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Triplex Rental Property
    Updated Triplex Rental Property

    2704 Idaho Avenue, Granite City, IL 62040

    $120,000
    1,440 sqft 0.08 AC lot

    Three residential units with updated interiors, central air, and on-street parking near Wilson Park.

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    2024 All-Brick Triplex
    2024 All-Brick Triplex

    329 Rutledge St, Worden, IL 62097

    $379,900
    3,300 sqft

    Newer three-unit property with a practical mix of two- and three-bedroom residences and available parking.

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    Triplex with Conversion Potential
    Triplex with Conversion Potential

    1937 Benton St, Granite City, IL 62040

    $70,000
    2,609 sqft

    Mostly gutted multifamily property offered as-is with replacement windows and doors included.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    146 N Main Street, Edwardsville, IL 62025

    Contact for pricing

    Combines leased dining space with residential units upstairs.

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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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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 9 Active listings in Madison County, IL, we suggest exploring several alternatives:

    Madison County, IL Triplexes Market Trends and Statistics

    Explore 9 triplexes for sale in Madison County, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 17,538 square feet of properties for sale, with an estimated market value of $1,437,800.

    Sale prices for three-family homes in Madison County, IL start at $70,000, averaging $205,400, and reaching up to $379,900 — 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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    Featured Madison County Real Estate Agencies

    Realmo connects you with licensed Madison County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Tarrant & Harman Real Estate and Auction Co.
    3644 Fosterburg Rd. Alton, IL 62002
    Phone: 16184339436
    www.tarrantandharman.com
    Keller Williams Marquee
    1254 University Drive, Ste 200 Edwardsville, IL 62025
    Phone: 16183075616
    www.kwmarquee.com
    Nester Realty Inc.
    2110 Troy Rd., Ste. G Edwardsville, IL 62234
    Phone: 16185674000
    www.nesterrealty.com

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