220 Madison St

About 220 Madison St

Madison Park Condominiums at 220 Madison St, Joliet sits near the intersection of Madison Street and Ottawa Street. The building is a 3-story low-rise with 8 condo units. It was built in 1980. The scale keeps a compact footprint and a clearly defined street presence. Units have 2 bedrooms and range from 805 to 936 sq ft. Recent sales ran from $117,000 to $134,000. The average closed price is $125,500 and the average price per sq ft is $143. Homes typically spend 63 days on the market, so turnover is steady. Assigned parking comes with the condos. One unit includes two dedicated parking spaces. Rentals are permitted, making the property investor-friendly. The community is low-maintenance and maintenance-free. On-site laundry serves residents. Some units have a private balcony with a view of the common area, and second-story units are available. The Des Plaines River runs west of the building. The property sits across from St. Joseph Medical Center. Kennedy Terrace Country Store is within walking distance. Joliet Junior College lies close by. Public bus lines run nearby and highway access to I-55 and I-80 is quick, so commuting routes are direct. The small size and the mix of unit sizes fit buyers looking for straightforward ownership or investors who rent units. Assigned parking and on-site services simplify daily life for residents. The price range and the average price per sq ft place the building in a clear market band. Local shops and restaurants sit within easy walking distance.