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Listed by: Keller Williams Marquee • Ange C Walsh • 618-610-5630

Bought with: Vylla Home

$123,900

1109 Madison Ave, Madison, IL 62060

6beds

3baths

2,445sqft

Multi Family

Built in 1945

-- sqft lot

$129,000 Zestimate^®

$51/sqft

$1,077 Estimated rent

Home value

$129,000

$98,000 - $160,000

$1,077/mo

Zestimate^® history

Owner options

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$1,077/mo

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$1,077/mo

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$717/mo

Est. payment

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$717/mo

Est. payment

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What's special

Parking lot

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Forced Air, Natural Gas

Cooling

Wall/Window Unit(s)

Appliances

Included: Gas Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,445
Total interior livable area: 2,445 sqft
Finished area above ground: 2,445

Property

Parking

Parking features: No Driveway, Off Street, Open, Parking Lot
Has uncovered spaces: Yes

Features

Fencing: Partial

Lot

Size: 5,998 Square Feet
Dimensions: 50 x 120

Details

Parcel number: 212192507203021
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Brick Veneer, Vinyl Siding

Condition

Year built: 1945

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not In A Subdivision

Location

Region: Madison

Financial & listing details

Price per square foot: $51/sqft
Tax assessed value: $95,070
Annual tax amount: $3,630
Date on market: 1/31/2025
Cumulative days on market: 133 days
Listing terms: Cash,Conventional
Ownership: Private
Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water

Price history

Date	Event	Price
6/13/2025	Sold	$123,900-0.8%$51/sqft
Source: MARIS #25004083 Report a problem
4/24/2025	Contingent	$124,900$51/sqft
Source: MARIS #25004083 Report a problem
3/18/2025	Price change	$124,900-10.8%$51/sqft
Source: MARIS #25004083 Report a problem
1/31/2025	Listed for sale	$140,000$57/sqft
Source: MARIS #25004083 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,892 +7.2%	$31,690 +14.1%
2023	$3,630 +6.1%	$27,770 +13.1%
2022	$3,420 +1.7%	$24,560 +6.2%
2021	$3,362 -0.3%	$23,130 +2.3%
2020	$3,372 -0.8%	$22,620 -1.8%
2019	$3,401	$23,030 -15%
2018	--	$27,090
2017	$3,645 +5.4%	$27,090 -1.1%
2016	$3,459	$27,380 +3.2%
2015	$3,459	$26,530
2014	$3,459	$26,530 -1.2%
2013	$3,459	$26,840 -3%
2012	--	$27,680 -2.6%
2011	--	$28,430 -1.4%
2010	--	$28,840 -1.2%
2009	--	$29,180 +2.8%
2007	--	$28,390 +4%
2005	--	$27,310 +12.9%
2004	$2,969 +9%	$24,200 -6.5%
2003	$2,723 +10.6%	$25,890 +10.1%
2002	$2,463	$23,510 +12.3%
2001	--	$20,930 +16.4%
2000	$2,178	$17,980