# 263 Madison Avenue, Wood River, IL 62095

> **TL;DR:** commercial, $350,000 ($224/sqft), built 1994, 1,563 sqft. Est. $1,517/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,000 |
| Price/sqft | $224 |
| Square Feet | 1,563 |
| Year Built | 1994 |
| Lot Size | 26,136 sqft (0.60 acres) |
| Property Type | Commercial (Unimproved Land) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,517 |
| **Total** | **$1,517** |

## Property Highlights

- Built in 1994
- 0.60 acre lot

## Description

### Agent Description
Full brick, free standing building situated on a 1/2 acre corner lot. Inside you will find office space, meeting room(s), and ample space for storage. Lower level is partially finished for more room. The outbuilding can be used as a workshop or for additional storage space. Property is currently used as a meeting hall and office space. This property is well suited for a variety of business uses with an average daily vehicle count of 12,300, and is in a TIF and enterprise zone. Location: City, Corner Location, High Traffic

## Location

- **Address:** 263 Madison Avenue, Wood River, IL 62095
- **County:** Madison
- **Neighborhood:** Not in a subdivision
- **Coordinates:** 38.860439, -90.092259
- **Google Maps:** https://www.google.com/maps?q=38.860439,-90.092259

## Listing Agent

- **Name:** Pat Schaeffer
- **Brokerage:** Nester Realty
- **Phone:** 6185674949
- **Email:** patschaeff@aol.com

## Primary Photo

![263 Madison Avenue - Primary Photo](http://lh.rdcpix.com/cda2769725191adf3f126555fc740c58l-f2996342148r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/263-madison-avenue-wood-river-il-62095-25008476)*

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**MLS#:** 25008476 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/263-madison-avenue-wood-river-il-62095-25008476)

---

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