Great investment opportunity! This property offers strong potential for rental income, renovation, or resale. Whether you're looking to expand your portfolio or start investing, this home provides a solid foundation with value-add potential. Convenient location and endless possibilities make this a must-see for investors.
Sold for $34,000
$34,000
1501 NE Madison Ave, Peoria, IL 61603
3beds
1,576sqft
Single Family Residence, Residential
Built in 1918
3,049 Square Feet Lot
$-- Zestimate®
$22/sqft
$1,039 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,039/mo
Zestimate® history
Owner options
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$1,039/mo
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$1,039/mo
Rent Zestimate®
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$214/mo
Est. payment
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$214/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Adam J Merrick homes@adammerrick.com,
Adam Merrick Real Estate
Bought with:
Pam J Mason, 475.136113
Century 21 Lincoln National Re
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1265905
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Upper
- Dimensions: 10ft 0in x 12ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 10ft 0in x 12ft 0in
Bedroom 3
- Level: Main
- Dimensions: 10ft 0in x 12ft 0in
Other
- Level: Main
- Dimensions: 12ft 0in x 14ft 0in
Other
- Area: 0
Kitchen
- Level: Main
- Dimensions: 12ft 0in x 10ft 0in
Living room
- Level: Main
- Dimensions: 12ft 0in x 19ft 0in
Main level
- Area: 788
Upper level
- Area: 788
Heating
- Forced Air
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,576
- Total interior livable area: 1,576 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 3,049 Square Feet
- Dimensions: 38 x 66
- Features: Level
Details
- Parcel number: 1803251008
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Randall
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $30,150
- Annual tax amount: $1,268
- Date on market: 4/24/2026
- Cumulative days on market: 5 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $34,000-2.6%$22/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1265905 Report a problem | ||
| 4/29/2026 | Pending sale | $34,900$22/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1265905 Report a problem | ||
| 4/24/2026 | Listed for sale | $34,900+217.3%$22/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1265905 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/11/2019 | Listing removed | $675 |
Source: Owner Report a problem | ||
| 12/28/2018 | Listed for rent | $675 |
Source: Owner Report a problem | ||
| 4/12/2018 | Listing removed | $675 |
Source: Owner Report a problem | ||
| 3/28/2018 | Listed for rent | $675 |
Source: Owner Report a problem | ||
| 4/14/2015 | Listing removed | $675 |
Source: Owner Report a problem | ||
| 3/9/2015 | Listed for rent | $675 |
Source: Owner Report a problem | ||
| 4/8/2014 | Listing removed | $675 |
Source: Owner Report a problem | ||
| 2/14/2014 | Listed for rent | $675 |
Source: Ideal Rentals Report a problem | ||
| 1/15/2013 | Sold | $11,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $909 +4.8% | $10,050 +9% |
| 2023 | $867 +3.7% | $9,220 +6.3% |
| 2022 | $836 +2% | $8,670 +5.1% |
| 2021 | $820 +0.2% | $8,250 +1% |
| 2020 | $819 -1.3% | $8,170 -1.9% |
| 2019 | $830 -4.9% | $8,330 -7% |
| 2018 | $873 +0% | $8,960 -1% |
| 2017 | $872 +0.8% | $9,050 |
| 2016 | $866 +2.1% | $9,050 +2% |
| 2015 | $848 +1.6% | $8,870 -2.2% |
| 2014 | $835 +34.4% | $9,070 +32.8% |
| 2013 | $621 -30.8% | $6,830 -32.6% |
| 2011 | $897 | $10,140 -17.5% |
| 2010 | -- | $12,290 +187.8% |
| 1998 | $341 | $4,270 |
Find assessor info on the county website
Neighborhood: North Valley
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Nearby schools
GreatSchools rating
- 3/10Lincoln SchoolGrades: K-8Distance: 0.2 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- High: Peoria High
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
- 1501 NE Madison Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Peoria Topics
