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 $57,871. Commercial real estate sale prices in Madison County have a median of $90,059. The last 24 months of sales history has seen 2,337 sales, with 591 sales greater than $250,000, 179 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 $52.

Values and sold prices (last 24 months) United States Illinois Madison County
Average price/sqft $1,705 $246 $214
Median price/sqft $102 $77 $52
Average sold price $1,142,916 $1,145,181 $561,270
Median sold price $184,799 $189,120 $90,059
Number of sales 2,575,118 94,315 2,337
Number of sales over $250k 1,062,401 40,833 591
Number of sales over $1m 274,215 12,819 179
Number of sales over $10m 41,633 1,984 12
Average total tax amount $6,270 $9,217 $4,588
Average assessed value $264,907 $60,916 $57,871
Average market value $262,016 $191,292 $137,928

Madison County commercial real estate property averages

The average lot size of commercial real estate properties in Madison County is 15,701 sf. This is 42% below the Illinois average.

Property averages United States Illinois Madison County
Average lot size 898,917 sf 686,342 sf 365,874 sf
Median lot size 30,119 sf 24,217 sf 15,701 sf
Average building area 1,798 sf 158 sf 115 sf
Median building area 59 sf 58 sf 42 sf
Median year built 1965 1947 1975
Average number of units 18 14 10
Median number of units 2 2 4

Madison County commercial real estate total supply

There are 41,487 commercial real estate properties in Madison County. This is 192% below the Illinois average. The total acerage is 220,112 acres and the aggregate building area for commercial real estate properties in Madison County is 313,986 sf.

Supply United States Illinois Madison County
Number of parcels 50,471,951 2,041,858 41,487
Aggregate lot acerage 585,729,504 11,176,193 220,112
Aggregate building area 7,434,859,242 sf 25,496,286 sf 313,986 sf
Aggregate units 72,446,861 2,543,258 18,680

Madison County commercial real estate industrial mortgages

There are 50,524 mortgages for commercial real estate properties across Madison County in the Reonomy database. The average value of those mortgages is $9,757,524. This is 7% above the Illinois average.

Debt United States Illinois Madison County
Number of mortgages 22,566,809 906,983 50,524
Average value of mortgages $5,859,845 $9,009,226 $9,757,524

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