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 $53,936. Commercial real estate sale prices in Madison County have a median of $99,999. The last 24 months of sales history has seen 3,208 sales, with 933 sales greater than $250,000, 244 sales valued at over $1,000,000, and 10 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 $47.

Values and sold prices (last 24 months) United States Illinois Madison County
Average price/sqft $1,383 $330 $150
Median price/sqft $117 $106 $47
Average sold price $1,121,868 $1,480,943 $475,063
Median sold price $194,935 $191,457 $99,999
Number of sales 3,907,581 145,503 3,208
Number of sales over $250k 1,646,046 60,606 933
Number of sales over $1m 386,972 16,936 244
Number of sales over $10m 55,955 2,877 10
Average total tax amount $5,932 $8,873 $4,248
Average assessed value $307,066 $64,084 $53,936
Average market value $388,214 $268,851 $189,177

Madison County commercial real estate property averages

The average lot size of commercial real estate properties in Madison County is 13,529 sf. This is 25% above the Illinois average.

Property averages United States Illinois Madison County
Average lot size 816,882 sf 381,312 sf 316,920 sf
Median lot size 24,485 sf 10,462 sf 13,529 sf
Average building area 1,138 sf 196 sf 177 sf
Median building area 75 sf 82 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 214,925 acres and the aggregate building area for commercial real estate properties in Madison County is 922,259 sf.

Supply United States Illinois Madison County
Number of parcels 57,794,383 2,470,213 44,790
Aggregate lot acerage 958,750,430 12,021,724 214,925
Aggregate building area 8,137,456,057 sf 58,744,045 sf 922,259 sf
Aggregate units 87,699,574 2,400,330 18,725

Madison County commercial real estate industrial mortgages

There are 55,542 mortgages for commercial real estate properties across Madison County in the Reonomy database. The average value of those mortgages is $5,728,252. This is 2% above the Illinois average.

Debt United States Illinois Madison County
Number of mortgages 40,416,832 3,225,080 55,542
Average value of mortgages $5,210,150 $5,601,128 $5,728,252

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