$520,000

1906 Rhodes Street, Madison IL, 62060

Price per sqft$231.11

Built in1965

Property size2,250 sqft

Property typeCommercial

Courtesy of Berkshire Hathaway HomeServices Select Properties, Sandie LaMantia Listing Contact: 618-655-4100

Overview

Active

Listed Sep 16, 2026

Updated 3 weeks ago

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, crawlspace vapor barrier and rim joist insulation added in 2025—great opportunity to add to or start a rental portfolio. Purchase includes both buildings, and Seller will not divide. Pre-approved buyers only; 48-hour notice required for all showings. Seller will be present for all showings. Showings are dependent on tenant availability.

Other Property Details

Taxes: $2,289
Tax Frequency: Annually

Listings courtesy of MARIS MLS as distributed by MLS GRID

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