Pending
Sale Pending at 1348 Madison Ave, Madison, IL 62060 | MLS# MIS25073689 | Listing updated on 2026-07-11
Photo 1 of Sale Pending at 1348 Madison Ave, Madison, IL 62060 | MLS# MIS25073689 | Listing updated on 2026-07-11
Photo 2 of Sale Pending at 1348 Madison Ave, Madison, IL 62060 | MLS# MIS25073689 | Listing updated on 2026-07-11
Photo 3 of Sale Pending at 1348 Madison Ave, Madison, IL 62060 | MLS# MIS25073689 | Listing updated on 2026-07-11
Photo 4 of Sale Pending at 1348 Madison Ave, Madison, IL 62060 | MLS# MIS25073689 | Listing updated on 2026-07-11
15+
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$199,000

Monthly Est:$990

  • Beds Icon-- Bed
  • Beds Icon
    2 Baths
  • Beds Icon--sqft

1348 Madison Ave, Madison, IL 62060

$990/moEst:

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  • Multi Family

  • Built in 1940

  • $-- HOA

  • 12,750.01 sqft lot

  • --/sqft

Description

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. 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. The upstairs residential apart...

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  • Houzeo last checked: 2 minutes ago
  • Listing updated: July 11, 2026 at 1:39 pm
  • Listing Provided by: Devin Outman (618) 631-4841 | Landmark Realty (618) 466-1513
  • Source: MARIS MLS-MO | MLS#: MIS25073689 MARIS MLS-MO

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Madison County

  • City

    Madison

  • Neighborhood

    --

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    12,750.01 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MARIS MLS

  • MLS Number

    MIS25073689

  • MLS Status

    Pending

  • Days on Market

    324

  • Cumulative Days on Market

    234

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathrooms: 2

Interior

  • Cooling

    Central Air

  • Heating

    Forced Air, Hot Water

Construction

  • Year Built

    Year Built: 1940

  • Home type

    Multi Family

  • Construction Materials

    Brick

  • Architectural Style

    Other

Utilities & Energy

  • Basement

    Partial, Walk Out Access

  • Parking Features

    Gravel

  • Electric

    Ameren

Other Features

  • Subdivision Name

    Southern Ext

  • Disclosures

    Seller Property Disclosure

Price History

DateEventPrice

07/11/2026

Source: mls_logoMARIS MLS-MO #MIS25073689

Pending

$199,000

$0/sqft

03/05/2026

Source: mls_logoMARIS MLS-MO #MIS25073689

Listed for Sale

$199,000

$0/sqft

10/31/2025

Source: mls_logoMARIS MLS-MO #MIS25073689

Price Decreased

$199,000 -11.95%

$0/sqft

10/31/2025

Source: mls_logoMARIS MLS-MO #MIS25067606

Listing Removed

$226,000

$0/sqft

10/03/2025

Source: mls_logoMARIS MLS-MO #MIS25067606

Listed for Sale

$226,000

$0/sqft

Based on information from Mid America Regional Information Systems, Inc. through Sep 21, 2026, 04:01AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Property data presented reflect information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. © 2026 Mid America Regional Information Systems, Inc. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty

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