Opportunity knocks with this freshly updated duplex at 1534 7th Street in Madison. Whether you're expanding your portfolio or looking to offset your mortgage by living in one unit and renting the other, this property delivers! Unit A is 2 bed/1 bath and is currently rented for $500/mo, while Unit B is 3 bed/1 bath and currently rented to a long term tenant for $850/mo. Recent upgrades include new carpet and LVP flooring, updated appliances and fixtures, a brand-new front porch, fresh interior paint, and a new water heater. This is a turnkey investment from day one! Located just minutes from the McKinley Bridge and a short drive to Worldwide Technology Raceway, this property offers convenience and strong rental appeal. With an attractive price point and low annual taxes, this is a smart buy in a growing area. Don’t wait—schedule your showing today! Information pulled from various sources. Buyer to verify all MLS data.
Active
Price cut: $10K (8/8)
$109,900
1534 7th St, Madison, IL 62060
5beds
2baths
1,807sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$61/sqft
$-- HOA
What's special
Brand-new front porchNew water heaterUnit bUpdated appliances and fixturesFresh interior paint
- 6 days
- on Zillow |
- 105 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 02:21pm
Listing Provided by:
Erica L Timko 314-349-9559,
Keller Williams Marquee
Source: MARIS,MLS#: 25054797
Originating MLS: Southwestern Illinois Board of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Oven, Refrigerator, Gas Water Heater
- Laundry: In Unit
Features
- Kitchen/Dining Room Combo
- Basement: Concrete,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,807
- Total interior livable area: 1,807 sqft
- Finished area above ground: 1,807
Property
Parking
- Parking features: No Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Patio & porch: Covered, Front Porch
- Fencing: None
Lot
- Size: 5,344.81 Square Feet
Details
- Parcel number: 212192511206010
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Ameren
- Water: Public
Community & HOA
Community
- Subdivision: Madison
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $36,720
- Annual tax amount: $1,600
- Date on market: 8/8/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Private
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