Madison County Homes under $200,000

Welcome to Madison County, Illinois—a hidden gem that perfectly blends suburban charm with vibrant community life. Nestled just outside of St. Louis, this picturesque county is renowned for its lush landscapes, friendly neighborhoods, and rich history. With its convenient access to major highways and public transport, Madison County offers the best of both worlds: a peaceful retreat from the hustle and bustle of city life, while still being close enough to enjoy all the amenities of urban living.

For homebuyers seeking affordability without compromising on quality, Madison County is an ideal destination. Here, you can discover a variety of homes priced under $200,000, making it a fantastic option for first-time buyers, families, or anyone looking to invest wisely in real estate. Whether you’re drawn to charming bungalows, cozy townhouses, or spacious single-family homes, Madison County has something to suit every taste and budget.

Imagine settling into a welcoming community where neighbors greet you with a smile, and local parks and recreational areas are just a stone’s throw away. Enjoy weekend strolls along the scenic trails, partake in community events, or indulge in the delightful local dining scene. With its strong sense of community and affordable housing options, Madison County is not just a place to live; it’s a place to thrive.

Explore the wonderful opportunities that await you in Madison County, Illinois, and find your dream home today—all while staying within budget! Your perfect blend of comfort and community is just around the corner.

Newest Madison County Homes under $200,000

$40,000

2 Beds ⋅ 1 Baths ⋅ 12772823 MLS ⋅ ACTIVE Status

Bring your vision and explore the possibilities at 203 Missouri Avenue! This 2-bedroom, 1-bath ranch in South Roxana's Tidewater Place subdivision offers an opportunity for investors, renovators, or buyers ready to take on a home improvement project. With approximately 952 square feet of living space, a detached 2-car garage, and a carport toward the front of the home, there is plenty here to build your plans around. The single-story layout features a living room, an eat-in kitchen, and two bedrooms. Existing wood flooring in portions of the home adds character and may offer restoration potential. The kitchen provides room to reimagine the cabinetry, finishes, and dining space, while the bedrooms offer a starting point for your updates. The home sits on a crawl space with no basement. Outside, enjoy a front deck and a 50-by-120-foot lot with yard space for gardening, outdoor seating, or recreation. The detached garage is a standout feature, offering space for vehicles, tools, and storage, with additional covered parking beneath the carport. The home needs repairs and updating, including attention to walls, ceilings, flooring, and other finishes. Buyers can evaluate the existing condition and develop a renovation plan suited to their goals. Whether you are exploring a renovation for resale, a future rental property, or a home to personalize, this property deserves a closer look. Convenient access to IL-255 provides connections to I-270 and I-255 for travel throughout the surrounding Metro East area. Bring your contractor, your ideas, and your renovation checklist, and schedule a showing to see how this South Roxana property could fit your next project!

203 Missouri Avenue, South Roxana

$79,000

3 Beds ⋅ 1 Baths ⋅ 12769199 MLS ⋅ ACTIVE Status

This 3-bedroom, 1-bath ranch in East Alton is ready for your finishing touches! The rehab has already been started, offering a great opportunity to complete the home to your own style and vision. Perfect for investors or buyers looking for a project with potential. Sold AS-IS, WHERE-IS.

212 Tomlinson Street, East Alton

$74,000

3 Beds ⋅ 2 Baths ⋅ 12762962 MLS ⋅ ACTIVE Status

Affordable ownership opportunity in the Village of Worden! This spacious double-wide manufactured home offers approximately 1,296 square feet with three bedrooms and a functional, single-level floor plan. The home is situated on its own approximately 0.36-acre parcel, so there is no monthly lot rent or park approval required. Inside, you will find a comfortably sized kitchen with plentiful cabinetry, flexible living space, central air conditioning, and room to update the home to suit your needs. The generous yard provides space for outdoor enjoyment, gardening, pets, or future improvements, and an approximately 312-square-foot frame shed offers additional storage. Conveniently located within Edwardsville Community Unit School District 7, with access to Hamel Elementary, Worden Elementary, Liberty Middle School, and Edwardsville High School. Whether you are looking for an affordable primary residence, an investment opportunity, or a property where you can build equity through improvements, this home offers plenty of potential. Property is being sold "AS/IS" in its current condition. Buyer to verify all property information, manufactured-home financing requirements, and the availability of desired utilities and services.

206 W Mcgaughey Street, Worden

$28,000

3 Beds ⋅ 1 Baths ⋅ 12739716 MLS ⋅ ACTIVE Status

Investor opportunity in Madison! This 1-story home offers a functional layout with multiple living spaces and a fenced yard. Property is in need of repairs and updates throughout and is being sold as-is. Great opportunity for an investor or buyer looking for a renovation project. Sizes to be verified by buyer.

1029 Washington Avenue, Madison

$64,900

3 Beds ⋅ 1 Baths ⋅ 12715413 MLS ⋅ ACTIVE Status

Situated in an established neighborhood with convenient access to shopping, dining, schools, parks, and major highways, the location features both comfort and accessibility. Whether you're looking for your next residence, a rental property, or your next renovation project, this home presents endless possibilities.

4490 Lake Drive, Granite City

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