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 $52,506. Commercial real estate sale prices in Madison County have a median of $99,437. The last 24 months of sales history has seen 2,431 sales, with 678 sales greater than $250,000, 215 sales valued at over $1,000,000, and 12 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 $51.

Values and sold prices (last 24 months) United States Illinois Madison County
Average price/sqft $1,591 $315 $186
Median price/sqft $101 $85 $51
Average sold price $1,191,151 $1,362,880 $590,430
Median sold price $192,686 $212,693 $99,437
Number of sales 2,516,453 83,112 2,431
Number of sales over $250k 1,067,354 38,159 678
Number of sales over $1m 275,406 12,264 215
Number of sales over $10m 40,988 1,867 12
Average total tax amount $6,485 $10,186 $4,319
Average assessed value $294,422 $60,433 $52,506
Average market value $346,236 $235,333 $152,917

Madison County commercial real estate property averages

The average lot size of commercial real estate properties in Madison County is 13,542 sf. This is 25% above the Illinois average.

Property averages United States Illinois Madison County
Average lot size 837,104 sf 461,669 sf 324,683 sf
Median lot size 25,531 sf 10,520 sf 13,542 sf
Average building area 1,314 sf 223 sf 174 sf
Median building area 60 sf 61 sf 41 sf
Median year built 1964 1938 1972
Average number of units 21 13 9
Median number of units 2 2 4

Madison County commercial real estate total supply

There are 42,005 commercial real estate properties in Madison County. This is 192% below the Illinois average. The total acerage is 206,475 acres and the aggregate building area for commercial real estate properties in Madison County is 903,957 sf.

Supply United States Illinois Madison County
Number of parcels 51,649,673 2,067,412 42,005
Aggregate lot acerage 684,134,887 10,869,038 206,475
Aggregate building area 7,014,524,409 sf 41,379,863 sf 903,957 sf
Aggregate units 92,499,725 3,123,934 17,777

Madison County commercial real estate industrial mortgages

There are 35,127 mortgages for commercial real estate properties across Madison County in the Reonomy database. The average value of those mortgages is $7,564,628. This is 33% below the Illinois average.

Debt United States Illinois Madison County
Number of mortgages 16,067,545 1,250,470 35,127
Average value of mortgages $8,737,039 $10,630,256 $7,564,628

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