Freshly updated and completely move-in ready! This beautifully refreshed 2 bedroom home is packed with value and is the perfect opportunity to expand your investment portfolio or start building equity instead of renting. The covered front porch welcomes you into a bright interior featuring fresh paint, brand new carpeting, updated electrical, new plumbing, newer doors, all-new kitchen cabinets, and a stylish, updated bathroom. The spacious bedrooms offer comfortable living, while the oversized yard provides plenty of space for entertaining, pets, gardening or outdoor activities. Affordable, updated and ready for immediate occupancy- this home is ready for its next owner! New furnace being installed 5/30/26! Boards over a couple windows are only in place as a precaution. The windows are intact.
Sold for $50,000
$50,000
1407 NE Madison Ave, Peoria, IL 61603
2beds
948sqft
Single Family Residence, Residential
Built in 1925
8,712 Square Feet Lot
$50,200 Zestimate®
$53/sqft
$962 Estimated rent
Home value
$50,200
$47,000 - $54,000
$962/mo
Zestimate® history
Owner options
List your home for rent
$962/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$962/mo
Rent Zestimate®
Refinance and save
$315/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$315/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Brand new carpetingCompletely move-in readySpacious bedroomsFresh paintBright interiorAll-new kitchen cabinetsOversized yard
Zillow last checked:
Listing updated:
Listed by:
Troy Kerrn Office:309-282-1555,
Keller Williams Premier Realty
Bought with:
Adam J Merrick, 471.018071
Adam Merrick Real Estate
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1266788
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 13ft 0in x 10ft 0in
Bedroom 2
- Level: Main
- Dimensions: 12ft 0in x 9ft 0in
Family room
- Level: Main
- Dimensions: 13ft 0in x 12ft 0in
Kitchen
- Level: Main
- Dimensions: 13ft 0in x 11ft 0in
Living room
- Level: Main
- Dimensions: 13ft 0in x 13ft 0in
Main level
- Area: 948
Heating
- Forced Air
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Basement: Full,Unfinished
Interior area
- Total structure area: 948
- Total interior livable area: 948 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio, Screened
Lot
- Size: 8,712 Square Feet
- Dimensions: 50 x 178
- Features: Level, Wooded
Details
- Parcel number: 1803184018
- Zoning description: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Hall
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $26,610
- Annual tax amount: $844
- Date on market: 5/26/2026
- Cumulative days on market: 4 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $50,000$53/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1266788 Report a problem | ||
| 5/30/2026 | Pending sale | $50,000$53/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1266788 Report a problem | ||
| 5/26/2026 | Listed for sale | $50,000+244.8%$53/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1266788 Report a problem | ||
| 10/4/2024 | Sold | $14,500-34.1%$15/sqft |
Source: Public Record Report a problem | ||
| 10/16/2023 | Sold | $22,000+18.9%$23/sqft |
Source: Public Record Report a problem | ||
| 2/28/2022 | Sold | $18,500-2.1%$20/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1230831 Report a problem | ||
| 2/17/2022 | Pending sale | $18,900$20/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1230831 Report a problem | ||
| 2/9/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 2/2/2022 | Price change | $18,900-13.7%$20/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1230831 Report a problem | ||
| 12/29/2021 | Price change | $21,900-12%$23/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1230831 Report a problem | ||
| 12/14/2021 | Listed for sale | $24,900+71.7%$26/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1230831 Report a problem | ||
| 10/14/2021 | Sold | $14,500-54.7%$15/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1228023 Report a problem | ||
| 9/28/2021 | Pending sale | $32,000$34/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1228023 Report a problem | ||
| 8/18/2021 | Listed for sale | $32,000$34/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1228023 Report a problem | ||
| 4/14/2020 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 3/11/2020 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $558 -27.1% | $8,870 +9% |
| 2023 | $766 +4.7% | $8,140 +7.4% |
| 2022 | $731 +1.9% | $7,580 +5% |
| 2021 | $718 +0.2% | $7,220 +1% |
| 2020 | $716 -1.5% | $7,150 -2.1% |
| 2019 | $727 -6.4% | $7,300 -8.5% |
| 2018 | $777 +0% | $7,980 -1% |
| 2017 | $777 +0.7% | $8,060 |
| 2016 | $771 +2.1% | $8,060 +2% |
| 2015 | $755 -9.9% | $7,900 -13.3% |
| 2014 | $839 +0% | $9,110 -1.2% |
| 2013 | $839 -2.1% | $9,220 -4.8% |
| 2011 | $857 | $9,680 -12.2% |
| 2010 | -- | $11,020 +149.9% |
| 1998 | $353 | $4,410 |
Find assessor info on the county website
Neighborhood: North Valley
Nearby homes
- $29,0103 bd1 ba1.5k sqft1403 NE Madison Ave, Peoria, IL 61603Off Market
- $3,330-- sqft1409 NE Madison Ave, Peoria, IL 61603Off Market
- $6,1801 bd1 ba800 sqft508 Laveille St, Peoria, IL 61603Off Market
- $150-- sqft508 Laveille St, Peoria, IL 61603Off Market
- $24,4502 bd1 ba800 sqft508 Laveille St, Peoria, IL 61603Off Market
- $142,5004 bd3 ba2.5k sqft1413 NE Madison Ave, Peoria, IL 61603Sold
- $740-- sqft510 Laveille St, Peoria, IL 61603Off Market
- $69,6002 bd1 ba1k sqft1415 NE Madison Ave, Peoria, IL 61603Off Market
Nearby schools
GreatSchools rating
- 3/10Lincoln SchoolGrades: K-8Distance: 0.3 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- High: Manual
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Peoria County
- Peoria
- 61603
- North Valley
- 1407 NE Madison Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Peoria Topics
