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205 Madison Street, Albany, WI 53502.
Rare mobile home investment opportunity in Albany! There are two existing owner owned mobile homes and one open lot where a new mobile home can be placed. The middle home is occupied on a month-to-month lease at $350/mo and the tenant pays gas/electric utilities and takes care of lawn mowing. The other home is vacant. Owner pays $300/mo for water and sewer. Mobile homes are likely from the 1960's-1970's. Video tour and brochure available upon request. AS-IS SALE.
MLS ID: 2028280
Listing Courtesy of:
ALTUS Commercial Real Estate, Inc.
Agency Phone: 608-338-1101
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205 Madison Street, Albany, WI 53502.

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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $70,000 | $70,000 | $70,000 |
| Down Payment | $14,000 | $2,450 | $17,500 |
| Monthly Mortgage Amount | $354 | $434 | $439 |
| Taxes | $97 | $97 | $97 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $31 | $0 |
| Monthly Estimated Total | $551 | $662 | $636 |
Albany, IL is a close-knit and small town. Known for being a quaint and beautiful riverside community, the town works together to plan events throughout the year, including the Halloween Fest, City-Wide Garage Sales and the popular Miss Flame Festival. Known for its peaceful rural setting and friendly atmosphere, Albany offers a slower pace of life while still providing convenient access to larger cities like Clinton, IA and the Quad Cities region. The town features scenic river views, open farmland, and tree-lined residential streets that reflect its Midwestern charm and history.
Real estate in Albany primarily consists of single-family homes, with a mix of historic properties, ranch-style homes, and newer construction. Many homes offer spacious lots, detached garages, and a strong sense of privacy. Buyers looking for affordability and room to spread out are drawn to Albany’s housing market. Opportunities may also exist for buyers interested in land, investment properties, or fixer-uppers with long-term potential.
Albany appeals to those who value a close-knit community, outdoor recreation, and a relaxed lifestyle. Residents enjoy fishing, boating, and walking along the river, while still being a short drive from schools, shopping, and medical services. Whether you’re looking for a permanent residence or a peaceful escape from city life, Albany offers a welcoming environment and attainable real estate options in a naturally beautiful setting.
If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Albany, IL. You can also contact us—we are here to help!
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