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Charlene Brennan
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516 Madison Avenue , Madison, IL 62060

$20,000
  • 516 Madison Avenue , Madison, IL 62060 Main Photo

49 Total Photos [Click to View All]

Active
MLS#26044425
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONMadison Town

Property Description

ONLY $6000.00 DOWN BUYS THIS GREAT INVESTMENT OPPORTUNITY TO OWN the Famous AL's 520 Club and next-door GRILL. OPEN HOUSE IS WED JULY 15th 5-6PM ON-LINE AUCTION ENDS JULY 23rd @ 6PM. Balance due in 30days at Alpine Title Co. This property has history with a Pool Leagues. Horseshoes, Gaming, Liquor Licenses is Transferable to qualified buyer. Upstairs has 2 apartments for additional income. the Grill could be rental or workable income. visit: www.theauctionhouseco.com for all the auction terms and conditions! ONCE IN A LIFETIME CHANCE!

516 Madison Avenue | MLS# 26044425

This commercial property located at 516 Madison Avenue , Madison, IL 62060 is currently listed for sale with an asking price of $20,000. Search Madison real estate on cbrennan.strano.com today.

Property Features

Property Type: Commercial -
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.29 Acres
Taxes: $3,157
Year Built: 1930

Feature Descriptions

Appliances: Other, Refrigerator, Free-Standing Refrigerator, Vented Exhaust Fan, Gas Water Heater
Current Use: Bar/Tavern/Lounge
Days on Site: 16
Electric: Single Phase
Exterior: Brick
Fencing: Back Yard, Wood
Parcel#: 21-2-19-25-11-206-025
Parking: Additional Parking, Alley Access, Asphalt, Assigned, Attached, Detached Carport, Off Street, On Site, On Street, Parking Lot, Storage
Road Frontage: City Street, Easement
Road Surface: Concrete

Listed By / Shown By

Listed By

Agency Name: The Auction House Company

Shown By

Agent Name: Charlene Brennan
Agent Phone: (618) 691-9120
Agency Title: Strano & Associates

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/28/2026. The listing information on this page last changed on 07/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/28/2026 4:12:50 PM EST) or MARIS MLS (last updated Tue 07/28/2026 4:01:44 PM EST). Real estate listings held by brokerage firms other than Strano & Associates may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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