Commercial real estate in Madison County

Search commercial real estate records in Madison County to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Madison County commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Madison County Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Madison County commercial real estate professionals. Members from Madison County include brokers, investors and service providers, many of whom specialize in Madison County Commercial Real Estate.

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Madison County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Madison County is $53,840. Commercial real estate sale prices in Madison County have a median of $101,122. The last 24 months of sales history has seen 3,148 sales, with 923 sales greater than $250,000, 234 sales valued at over $1,000,000, and 8 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Madison County over the last 24 months is $48.

Values and sold prices (last 24 months) United States Illinois Madison County
Average price/sqft $1,286 $356 $143
Median price/sqft $117 $107 $48
Average sold price $1,118,542 $1,418,365 $469,635
Median sold price $196,083 $188,227 $101,122
Number of sales 3,934,359 146,307 3,148
Number of sales over $250k 1,663,881 60,315 923
Number of sales over $1m 387,932 16,950 234
Number of sales over $10m 55,602 2,896 8
Average total tax amount $9,232 $8,890 $4,241
Average assessed value $312,101 $64,559 $53,840
Average market value $400,634 $267,794 $188,801

Madison County commercial real estate property averages

The average lot size of commercial real estate properties in Madison County is 13,540 sf. This is 25% above the Illinois average.

Property averages United States Illinois Madison County
Average lot size 816,803 sf 381,834 sf 316,457 sf
Median lot size 24,448 sf 10,487 sf 13,540 sf
Average building area 1,134 sf 201 sf 176 sf
Median building area 76 sf 82 sf 42 sf
Median year built 1970 1959 1972
Average number of units 16 9 5
Median number of units 2 2 2

Madison County commercial real estate total supply

There are 44,790 commercial real estate properties in Madison County. This is 192% below the Illinois average. The total acerage is 215,192 acres and the aggregate building area for commercial real estate properties in Madison County is 916,119 sf.

Supply United States Illinois Madison County
Number of parcels 58,091,739 2,479,916 44,790
Aggregate lot acerage 976,485,427 12,124,242 215,192
Aggregate building area 8,209,502,265 sf 61,432,362 sf 916,119 sf
Aggregate units 88,640,560 2,401,112 18,735

Madison County commercial real estate industrial mortgages

There are 56,233 mortgages for commercial real estate properties across Madison County in the Reonomy database. The average value of those mortgages is $5,668,111. This is 1% above the Illinois average.

Debt United States Illinois Madison County
Number of mortgages 40,876,180 3,255,671 56,233
Average value of mortgages $5,210,547 $5,600,375 $5,668,111

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