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 $50,835. Commercial real estate sale prices in Madison County have a median of $89,867. The last 24 months of sales history has seen 3,411 sales, with 925 sales greater than $250,000, 250 sales valued at over $1,000,000, and 9 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 $45.

Values and sold prices (last 24 months) United States Illinois Madison County
Average price/sqft $1,344 $337 $156
Median price/sqft $115 $105 $45
Average sold price $1,162,392 $1,465,749 $448,492
Median sold price $191,467 $188,022 $89,867
Number of sales 3,863,764 147,370 3,411
Number of sales over $250k 1,613,612 60,718 925
Number of sales over $1m 389,810 17,254 250
Number of sales over $10m 58,005 2,929 9
Average total tax amount $5,906 $9,160 $4,234
Average assessed value $273,996 $60,167 $50,835
Average market value $321,051 $228,563 $148,565

Madison County commercial real estate property averages

The average lot size of commercial real estate properties in Madison County is 13,516 sf. This is 26% above the Illinois average.

Property averages United States Illinois Madison County
Average lot size 819,068 sf 379,875 sf 316,942 sf
Median lot size 24,646 sf 10,377 sf 13,516 sf
Average building area 1,164 sf 199 sf 176 sf
Median building area 73 sf 81 sf 41 sf
Median year built 1970 1959 1971
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 213,274 acres and the aggregate building area for commercial real estate properties in Madison County is 913,148 sf.

Supply United States Illinois Madison County
Number of parcels 57,284,908 2,456,675 44,790
Aggregate lot acerage 882,586,122 11,802,830 213,274
Aggregate building area 8,038,750,738 sf 59,150,729 sf 913,148 sf
Aggregate units 87,804,464 2,383,373 18,493

Madison County commercial real estate industrial mortgages

There are 53,084 mortgages for commercial real estate properties across Madison County in the Reonomy database. The average value of those mortgages is $5,807,028. This is 4% above the Illinois average.

Debt United States Illinois Madison County
Number of mortgages 38,333,712 3,175,241 53,084
Average value of mortgages $5,270,730 $5,560,661 $5,807,028

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