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Madison, IL Multifamily Homes & Duplexes for Sale

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    $100,000

    • 3 Beds
    • 2 Baths
    • 1,872 Sq Ft

    1000 Market St, Madison, IL 62060

    Looking for your next renovation project or investment opportunity? Welcome to 1000 Market a diamond in the rough waiting for your creative touch. This charming fixer-upper is full of possibilities. Whether you're an investor, flipper, or future homeowner, this property offers the perfect canvas to bring your vision to life. With some TLC and inspired planning, you can transform this space into a

    Agent Photo

    Marisa Lowry

    Coldwell Banker Brown Realtors

    (618) 437-8073

    1000 Market St, Madison, IL 62060
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    $119,900

    • 5 Beds
    • 2 Baths
    • 1,807 Sq Ft

    1534 7th St, Madison, IL 62060

    Welcome home to 1534 7th Street! This is a freshly updated duplex that will be the perfect addition to your investment portfolio, or you could live in one unit and rent the other! Unit A is 2 bed/1 bath and Unit B is 3 bed/1 bath. TONS of recent upgrades including: new flooring in both units (carpet & LVP), new appliances & fixtures, a new front porch, new water heater, and fresh paint.

    Erica Timko Keller Williams Marquee

    1534 7th St, Madison, IL 62060

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.

Home Trends in Madison, IL

Housing Trends

Median Sale Price
$48,000
Median Single Family Sale Price
$51,750
Median Townhouse Sale Price
$18,250
Average Price Per Sq Ft
$53
Number of Homes for Sale
8
Last 12 months Home Sales
21
Months of Supply
4.60
Median List Price
$62,000
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
-36%
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