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Madison, IL Homes for Sale

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  • 1348 Madison Ave, Madison, IL 62060
    1348 Madison Ave, Madison, IL 62060
    1348 Madison Ave, Madison, IL 62060
    /19

    $199,000

    • 2 Baths
    • 4,608 Sq Ft

    1348 Madison Ave, Madison, IL 62060

    Here is your opportunity to add a solid cash flow surplus to your portfolio. This mixed use property offers a variety of income producing methods. Both of the residential upstairs apartments are currently rented, and the turn key bar & grill is ready to open right away, with a new owner or tenant of your choice. The main floor fully operational bar and grill was previously rented for $1,500/mo.

    Devin Outman Landmark Realty

    1348 Madison Ave, Madison, IL 62060
  • 217 W 2nd St, Madison, IL 62060
    217 W 2nd St, Madison, IL 62060
    217 W 2nd St, Madison, IL 62060
    /5

    $6,000

    • Land
    • 0.25 Acre
    • $24,203 per Acre

    217 W 2nd St, Madison, IL 62060

    Vacant lot in Madison, IL offered as-is for land value only. Utilities are available nearby. Buyer to perform all due diligence regarding zoning, permits, and intended use. Excellent opportunity for redevelopment in an established area of Madison, IL. Sold as-is. Ideal for investors or builders looking for a redevelopment opportunity in an established neighborhood with convenient access to local

    Shonda Bond Worth Clark Realty

    217 W 2nd St, Madison, IL 62060
  • 1036 Greenwood St, Madison, IL 62060
    1036 Greenwood St, Madison, IL 62060
    1036 Greenwood St, Madison, IL 62060
    /21

    $99,900

    • 3 Beds
    • 2.5 Baths
    • 1,696 Sq Ft

    1036 Greenwood St, Madison, IL 62060

    Welcome to this spacious two-story home situated on a corner lot in the heart of Madison! This property offers a functional layout with plenty of space for comfortable living. The covered front porch provides a warm welcome and leads into a small entry foyer that opens to the living room. The main floor features a private primary suite complete with a full primary bathroom, offering convenient

    John Blasingame Keller Williams Marquee

    1036 Greenwood St, Madison, IL 62060
  • 1907 Rhodes St, Madison, IL 62060
    1907 Rhodes St, Madison, IL 62060
    1907 Rhodes St, Madison, IL 62060
    /26

    $99,900

    • 2 Beds
    • 1 Bath
    • 1,032 Sq Ft

    1907 Rhodes St, Madison, IL 62060

    Welcome Home! This home is ready for you! 2 bedroom, 1 full bath, Oversized TWO car garage. Spacious Living room and dining room. Tall Ceilings. Large, Eat in Kitchen with brand new appliances staying. Brand new beautiful bathroom. Clean unfinished basement with updated plumbing and electric. Make this house a home! All you have to is move right in.

    Diane Rieger RE/MAX Alliance

    1907 Rhodes St, Madison, IL 62060
  • 2020 6th St, Madison, IL 62060
    2020 6th St, Madison, IL 62060
    2020 6th St, Madison, IL 62060
    /27

    $134,900

    • 3 Beds
    • 1 Bath
    • 1,650 Sq Ft

    2020 6th St, Madison, IL 62060

    3 BEDROOM HOME ON A VERY LARGE LOT! This renovated 1 1/2 story is all ready for you! Huge backyard with fence, located on a double lot! Luxury vinyl plank flooring throughout. Charming front porch. You will love the kitchen - complete with brand new cabinets, countertops and appliances. 2 bedrooms on the main floor and full bathroom. Bathroom has tiled shower/tub surround. Upper level has

    Diane Rieger RE/MAX Alliance

    2020 6th St, Madison, IL 62060
  • 2032 Milan Ave, Madison, IL 62060
    2032 Milan Ave, Madison, IL 62060
    2032 Milan Ave, Madison, IL 62060
    /14

    $46,000

    • 2 Beds
    • 1 Bath
    • 825 Sq Ft

    2032 Milan Ave, Madison, IL 62060

    Charming two bedroom, one bedroom investment opportunity featuring a reliable long term tenant already in place. Perfect for generating steady, immediate income. Updated bathroom with a new tub and shower. Selling AS IS. Seller is to do no repairs but will order occupancy for buyers. Buyers and buyer's agent to verify all MLS information.

    Richard Swain Keller Williams Marquee

    2032 Milan Ave, Madison, IL 62060
  • 2013 4th St, Madison, IL 62060
    2013 4th St, Madison, IL 62060
    2013 4th St, Madison, IL 62060
    /50

    $119,000

    • 4 Beds
    • 3 Baths
    • 1,601 Sq Ft

    2013 4th St, Madison, IL 62060

    Move-In Ready & Fully Renovated!First time this home has been offered out of the family in 70 years! This extra-clean home has been completely updated and is ready for you to move right in. Features include a spacious basement with plenty of storage, a huge 24' x 28' man-sized garage, plus an additional 12' x 16' storage shed with a garage door. Recent updates include a newer roof, siding,

    Bill Scaturro The Auction House Company

    2013 4th St, Madison, IL 62060
  • 1845 Rhodes St, Madison, IL 62060
    1845 Rhodes St, Madison, IL 62060
    1845 Rhodes St, Madison, IL 62060
    /27

    $70,000

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft

    1845 Rhodes St, Madison, IL 62060

    This charming one-bedroom, one-bath home is big on value and care. Step inside to find a bright living area and a well-kept kitchen ready for your personal touches. The full unfinished basement offers excellent storage space and potential for future finishing. Enjoy relaxing evenings on the covered front porch overlooking the fenced-in yard—perfect for pets, gardening, or outdoor gatherings. With

    Kenbra Knight Century 21 Bailey & Company

    1845 Rhodes St, Madison, IL 62060
  • 1437 Grand Ave, Granite City, IL 62040
    1437 Grand Ave, Granite City, IL 62040
    1437 Grand Ave, Granite City, IL 62040
    /28

    $115,000

    • 4 Beds
    • 3 Baths
    • 1,305 Sq Ft

    1437 Grand Ave, Granite City, IL 62040

    Looking to increase your passive income? Looking for a home with a Mother-In-Law suite? This property previously brought in $2000 a month in income. The front home is a 3 bedroom, 2 bath, eat-in kitchen and laundry with a nice sized fenced yard. The rear unit is a 1 bedroom, 1 bath, laundry service, extra storage and comes with furnishings. Call your favorite agent today and schedule a private

    Monica Buss Lemp Keller Williams Marquee

    1437 Grand Ave, Granite City, IL 62040
Illinois Madison County Madison

Real Estate & Homes for Sale in Madison, IL

Why Live in Madison

Madison, Illinois, situated just six miles northeast of downtown St. Louis, offers a blend of small-town tranquility and vibrant attractions. The city is renowned for the World Wide Technology Raceway, a 65,000-seat venue hosting NASCAR and professional drag racing events, which has significantly boosted local growth and economy. Residents can enjoy performances from world-famous musicians at the raceway, adding to the city's lively atmosphere. Madison features several parks, including 7th & Lee Public Park and Madison Baseball Diamonds, where community sports leagues are popular. The Mississippi River provides scenic outdoor activities with the Old Chain of Rocks Bridge & Park and Chouteau Island Nature Trail, ideal for hiking, bird-watching, and fishing. Gateway National Golf Course, known for its public bent grass fairways, offers golfing opportunities and a clubhouse for social gatherings. Dining options include the historic Marko’s Fish Restaurant and nearby Madison Meat Market, with larger supermarkets like Walmart and Schnucks located in Granite City. Housing in Madison primarily consists of single-story shotgun and Craftsman-style homes from the early 1900s, reflecting affordable prices. The city is in a transition period, moving from rentals to home ownership. Transportation to St. Louis is convenient via State Route 203 and interstates 55 and 70, with regional bus services connecting to the City Metro Link.

Learn more about living in Madison

Frequently Asked Questions

What is the average home price in Madison, IL?
Homes for sale in Madison, IL have an average home price of $86,282.
How many homes have sold over the last 12 months in Madison, IL?
24 homes have sold in Madison, IL over the last 12 months.
What are the most popular zip codes in Madison, IL?
The most popular zip codes in Madison, IL include 62040, 62060, 63137, 63147 and 63107.
How much do you need to make to afford a house in Madison?
The median home price in Madison is $77,500. If you put a 20% down payment of $15,500 and had a 30-year fixed mortgage with an interest rate of 6%, your estimated principal and interest payment would be $370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $16K a year to afford the median home price in Madison. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Madison, IL?
Madison, IL has highly rated public and private schools. Some of the best schools in Madison based on Niche Grades are Dorris Intermediate School, Kreitner Elementary School and Collinsville High School. Browse all the schools in Madison, IL to learn more.

Home Trends in Madison, IL

On average, homes in Madison, IL sell after 54 days on the market compared to the national average of 54 days. The median sale price for homes in Madison, IL over the last 12 months is $59,000, up 16% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$59,000
Median Single Family Sale Price
$72,000
Average Price Per Sq Ft
$68
Number of Homes for Sale
6
Last 12 months Home Sales
24
Months of Supply
3.00
Median List Price
$77,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
16%
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