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    Madison, IL Triplexes for Sale

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    Granite City, IL Saint Louis, MO Defiance, MO
    A-Frame Multi-Unit Property
    $119,900
    1,772 SF
    A-Frame Multi-Unit Property

    1217 Market Street, Madison, IL 62060

    Three-unit property with rehabbed units and investment potential.
    • Three units: two 2‑bed/1‑bath units and one studio apartment.
    • Two front units are freshly rehabbed and rent‑ready.
    • New central HVAC systems installed last year.
    • Potential for high net return on investment.
    • Potential rental income of $1000 each for front units and $700 for back unit.
    Updated: Jun 8
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    Three-Unit Property with Rehabbed Units
    $119,900
    1,890 SF
    Three-Unit Property with Rehabbed Units

    1217 Market Street, Madison, IL 62060

    Three-unit property featuring rehabbed units and potential for high ROI.
    • High ROI: Projected 22%+ Net Return on Investment
    • Multiple Units: Features two 2‑bed/1‑bath units and one studio apartment
    • Rehabbed Front Units: Two front units are freshly rehabbed and rent‑ready
    • Instant Equity: Benefit from $30,000 in instant equity
    • New HVAC: Enjoy new central HVAC systems installed last year
    Updated: May 15
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turnkey Three-Unit Investment Property
    $175,000
    1,865 SF
    Turnkey Three-Unit Investment Property

    Three code-compliant units with separate electric metering and updated systems, supported by an attached garage for parking and storage.

    506 N 17th Street, Belleville, IL 62226

    View details
    Belleville Triplex with Tenant Occupancy
    $139,900
    2,584 SF
    Belleville Triplex with Tenant Occupancy

    Three-unit building with long-term tenants and ample parking.

    23 N 11th Street, Belleville, IL 62220

    View details
    Brick Triplex with Off-Street Parking
    $150,000
    2,100 SF
    Brick Triplex with Off-Street Parking

    Well-maintained brick triplex with three units and off-street parking, currently generating $2,100 monthly gross rent.

    8552 Church Road, St, Louis, MO 63147

    View details
    St Louis Multi-Family Investment
    $129,000
    3,724 SF
    St Louis Multi-Family Investment

    Semi-renovated triplex in sought-after St Louis neighborhood.

    4153 E Lexington Avenue, St, Louis, MO 63115

    View details

    Madison, IL Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Madison, IL on our real estate platform. These investment opportunities span a total of 3,662 square feet of properties for sale, with an estimated market value of $239,800.

    Sale prices for three-family homes in Madison, IL start at $119,900, averaging $119,900, and reaching up to $119,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Duplexes 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 $119.9K

    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)

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