Courtesy: Landmark Realty
618-466-1513
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. Two out of the 3 units are currently rented, and the vacant residential unit is ready for a new tenant right away. The main floor of the building is a fully running & operational bar and grill that is currently tenant occupied, paying $1,500/mo. Items included in the sale and will be transferred to the new owner, are all of the kitchen equipment consisting of the commercial stove top, fryers, prep coolers, range hood, perfectly functioning large walk in refrigeration system, and beer coolers. Upstairs consists of two residential apartments. The occupied residential unit is a 2 Bedroom 1 Bath, paying $900/mo. The vacant unit is a spacious 1 Bedroom 1 Bath, and comes fully furnished provided by the seller, when this unit was occupied it was producing between $750-850/mo. The roof was completely replaced with architectural shingles in 2023. The commercial tenant pays ALL utilities for the building considering there is 1 electric, gas, & water meter. Lastly, there is an extra parcel included in the sale 21-2-19-401-037, it is a gravel lot for extra parking, or further development opportunity, located directly across the street on the opposite corner lot, with a seperate address of 1400 Madison Ave. Feel free to contact the listing agent for further details.
Courtesy: Keller Williams Marquee
618-307-5616
Opportunity knocks with this freshly updated duplex at 1534 7th Street in Madison. Whether you're expanding your portfolio or looking to offset your mortgage by living in one unit and renting the other, this property delivers! Unit A is 2 bed/1 bath and is currently rented for $500/mo, while Unit B is 3 bed/1 bath and currently rented to a long term tenant for $850/mo. Recent upgrades include new carpet and LVP flooring, updated appliances and fixtures, a brand-new front porch, fresh interior paint, and a new water heater. This is a turnkey investment from day one! Located just minutes from the McKinley Bridge and a short drive to Worldwide Technology Raceway, this property offers convenience and strong rental appeal. With an attractive price point and low annual taxes, this is a smart buy in a growing area. Don’t wait—schedule your showing today! Information pulled from various sources. Buyer to verify all MLS data.
Courtesy: MISKWMQ01
Great investment opportunity! This three unit property comprises a stand alone two bedroom and one bathroom home and a duplex with two units that are two bedroom and one bathroom each on a shared parcel. Property comes with a parking lot to the left of the property. Seller is willing to offer a $5000 roofing credit with an acceptable offer. Buyers and buyer's agent to verify all information on the MLS including sq ft, taxes, features, and schools.
Courtesy: MISKWMQ01
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. Everything is ready for you! Conveniently located close to the McKinley Bridge for a quick commute. Also just 5 minutes from Worldwide Technology Raceway! Information pulled from various sources. Buyer to verify all MLS data.
Courtesy: Keller Williams Marquee
618-307-5616
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. Everything is ready for you! Conveniently located close to the McKinley Bridge for a quick commute. Also just 5 minutes from Worldwide Technology Raceway! Back on the market for a second chance! One buyer's mistake can be your gain (just don't buy a car during the loan process). Information pulled from various sources. Buyer to verify all MLS data.
Madison is located in Illinois. Madison, Illinois has a population of 2,752. Madison is less family-centric than the surrounding county with 10.74% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Madison, Illinois is $33,958. The median household income for the surrounding county is $66,882 compared to the national median of $69,021. The median age of people living in Madison is 52.1 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 42.2 inches per year, with 14.9 inches of snow per year.
