12

Madison, IL Homes for Sale

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  • /19

    $199,000

    $27K PRICE DROP Pending
    • 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
  • /15

    $260,000

    Pending
    • 4 Beds
    • 4 Baths
    • 2,280 Sq Ft

    1051 Washington Ave, Madison, IL 62060

    Turnkey investment property featuring four 1 bed/1 bath units. Most units have been updated with LVP flooring throughout, stainless steel appliances in the kitchen, updated lighting, new tub/shower surround, and new bathroom vanities. Roof and AC were replaced in the last two years. Windows and exterior doors were replaced in 2025, new attic insulation in 2025, crawlspace vapor barrier and rim

    Sandie LaMantia Berkshire Hathaway HomeServices Select Properties

    1051 Washington Ave, Madison, IL 62060
  • /2

    $3,500

    • Land
    • 0 Sq Ft

    819 Iowa St, Madison, IL 62060

    Great lot for a limited and affordable opportunity to build a new home in Madison. Make planning and building your dream home a reality! Photo depicts two lots. Only one lot is for sale. The lot for sale is on the left side of photo. Lot size is 2701 sf (21x1275 irr) Before making an offer on any property, buyer should independently verify all MLS data derived from various sources and not

    Diana Massey Berkshire Hathaway HomeServices Select Properties

    819 Iowa St, Madison, IL 62060
  • /21

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,092 Sq Ft

    1200 Alton Ave, Madison, IL 62060

    Well loved full brick home is ready for the next chapter. This home features a good size living room for relaxing or entertaining. The eat-in kitchen has oak cabinets with lots of storage and a snack bar. There is space for a table for family meals. All appliances stay with the home. The hall bath has an extra tall toilet along with a tub/shower and a big linen closet for storage. The front

    Pam Cook eXp Realty

    1200 Alton Ave, Madison, IL 62060
  • /23

    $520,000

    • 4 Beds
    • 4 Baths
    • 2,250 Sq Ft

    1906 Rhodes St, Madison, IL 62060

    Turnkey investment property featuring two buildings with four 1 bed/1 bath units in each building. 50% of the units have been updated with LVP flooring throughout, stainless steel appliances in the kitchen, updated lighting, new tub/shower surround, and new bathroom vanities. AC was replaced in the last two years. Windows and exterior doors were replaced in 2025, new attic insulation in 2025,

    Sandie LaMantia Berkshire Hathaway HomeServices Select Properties

    1906 Rhodes St, Madison, IL 62060
  • /5

    $6,000

    • Land
    • 10,798 Sq Ft
    • $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
  • /10

    $73,000

    Pending
    • 3 Beds
    • 1 Bath
    • 1,128 Sq Ft

    1047 Washington Ave, Madison, IL 62060

    Charming 3-bed/1-bath home currently leased to a long-term tenant who desires to stay. Updated with fresh paint, LVP flooring throughout, stainless steel appliances, updated lighting, new tub/shower surround, and new bathroom vanity. Roof and AC were replaced in the last two years, and the attic has new insulation as of 2025—great opportunity to add to or start a rental portfolio.Can be

    Sandie LaMantia Berkshire Hathaway HomeServices Select Properties

    1047 Washington Ave, Madison, IL 62060
  • /11

    $10,000

    Pending
    • 2 Beds
    • 1 Bath
    • 1,138 Sq Ft

    1508 6th St, Madison, IL 62060

    BUYER ONLY NEEDS $5000.00 DOWN. BALANCE IN 30 DAYS! ON-LINE ONLY REAL ESTATE AUCTION - ENDS THURS. JULY 23rd OPEN HOUSE WED. JULY 15th 5-6PM - STARTING BID IS $10,000. This shot-gun bungalow is a great little rehabber for an investor or someone who wants to make it their own.Auction Terms: Winning bidder will enter into a written contract to purchase and will place $1,000.00 down for

    Bill Scaturro The Auction House Company

    1508 6th St, Madison, IL 62060
  • /12

    $260,000

    • 4 Beds
    • 4 Baths
    • 2,190 Sq Ft

    1724 Kennedy Dr, Madison, IL 62060

    Turnkey investment property featuring four 1 bed/1 bath units. Most units have been updated with LVP flooring throughout, stainless steel appliances in the kitchen, updated lighting, new tub/shower surround, and new bathroom vanities. Roof and AC were replaced in the last two years. Windows and exterior doors were replaced in 2025, new attic insulation in 2025, crawlspace vapor barrier and rim

    Sandie LaMantia Berkshire Hathaway HomeServices Select Properties

    1724 Kennedy Dr, Madison, IL 62060
  • /18

    $177,400

    $3K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,914 Sq Ft

    1825 Edwardsville Rd, Madison, IL 62060

    Come see this beautifully renovated, fully furnished 3-bedroom, 2-bathroom home offering 1,914 square feet of move in ready living space. Everything has been updated, allowing you to simply unpack and enjoy your new home.Inside, you'll find an open floor plan with porcelain tile flooring, recessed lighting, custom barn doors, glass stair railings, wood blinds, and 6 speed ceiling fans

    Star Harris RE/MAX Results Realty

    1825 Edwardsville Rd, Madison, IL 62060
  • /6

    $28,000

    $12K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,042 Sq Ft

    1029 Washington Ave, Madison, IL 62060

    Investor opportunity in Madison! This 1-story home offers a functional layout with multiple living spaces and a fenced yard. Property is in need of repairs and updates throughout and is being sold as-is. Great opportunity for an investor or buyer looking for a renovation project. Sizes to be verified by buyer.

    Landon Kelly Real Broker, LLC

    1029 Washington Ave, Madison, IL 62060
  • /2

    $550,000

    905 State Rt 111, Granite City, IL 62042

    Acreage zoned agricultural taxed as Improved Commercial. Awesome setting!!!16 acres in great location with possible money generated if buyer wishes to lease, or use one or all the towers located on the property which can be seen for miles. Current owner does not know the height of the towers, but towers were used for AM radio signals off and on we have been told for decadesLots of

    Gerry Davidson Prestige Realty Group

    905 State Rt 111, Granite City, IL 62042

Madison, IL Home Prices

Madison, IL
Median Home Price
$94,950
Median Sale Price
$74,250
+46% YoY
Avg. Price per Square Foot
$68
Median Single Family Price
$76,500
Total Active Listings
12 listings
Market Conditions
2 Months of Supply
Seller's Market

Frequently Asked Questions

What is the average home price in Madison, IL?
Homes for sale in Madison, IL have an average home price of $87,650.
How many homes have sold over the last 12 months in Madison, IL?
20 homes have sold in Madison, IL over the last 12 months.
What is the average household income in Madison, IL?
The average household income in Madison, IL is $52K.
What are the most popular zip codes in Madison, IL?
The most popular zip codes in Madison, IL include 62040, 62060, 63107, 63137 and 63106.
How much do you need to make to afford a house in Madison?
The median home price in Madison is $94,950. If you put a 20% down payment of $19,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $21K a year to afford the median home price in Madison. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Madison is $52K.
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.
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