TAKE THE TOUR! STRONG INVESTMENT OPPORTUNITY WITH A LONG-TERM TENANT AND CONSISTENT RENTAL HISTORY. THIS PROPERTY PROVIDES LOW-MAINTENANCE OWNERSHIP AND STEADY INCOME. BUY INDIVIDUALLY OR AS PART OF A STRATEGIC MULTI-PARCEL OFFERING CURRENTLY RENTED FOR $700 PER MONTH. LONG TERM TENANT!
Sold for $24,694
$24,694
1617 NE Madison Ave, Peoria, IL 61603
3beds
1,590sqft
Single Family Residence, Residential
Built in 1915
3,484 Square Feet Lot
$25,300 Zestimate®
$16/sqft
$955 Estimated rent
Home value
$25,300
$23,000 - $28,000
$955/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Christine Schauble 309-208-9900,
eXp Realty
Bought with:
Non-Member Agent RMLSA
Non-MLS
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1262710
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Upper
- Dimensions: 12ft 0in x 12ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 12ft 0in x 12ft 0in
Bedroom 3
- Level: Upper
- Dimensions: 12ft 0in x 12ft 0in
Other
- Area: 0
Additional level
- Area: 0
Kitchen
- Level: Main
- Dimensions: 12ft 0in x 12ft 0in
Main level
- Area: 822
Upper level
- Area: 768
Heating
- Forced Air
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,590
- Total interior livable area: 1,590 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
- Details: Number Of Garage Remotes: 0
Lot
- Size: 3,484 Square Feet
- Dimensions: 37 x 91
- Features: Level
Details
- Parcel number: 1803252019
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Birket
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $16/sqft
- Tax assessed value: $30,060
- Annual tax amount: $1,206
- Date on market: 12/5/2025
- Cumulative days on market: 40 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Sold | $24,694-29.4%$16/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1262710 Report a problem | ||
| 1/16/2026 | Pending sale | $35,000$22/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1262710 Report a problem | ||
| 12/18/2025 | Price change | $35,000-12.5%$22/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1262710 Report a problem | ||
| 12/8/2025 | Listed for sale | $40,000+166.7%$25/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1262710 Report a problem | ||
| 3/4/2021 | Sold | $15,000-46.4%$9/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1221758 Report a problem | ||
| 3/2/2017 | Listing removed | $28,000$18/sqft |
Source: Jim Maloof/REALTOR #1177431 Report a problem | ||
| 9/19/2016 | Listed for sale | $28,000$18/sqft |
Source: Jim Maloof/REALTOR #1177431 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $906 +4.8% | $10,020 +9% |
| 2023 | $865 +2.1% | $9,190 +4.7% |
| 2022 | $847 +1.8% | $8,780 +4.9% |
| 2021 | $832 +0.2% | $8,370 +1% |
| 2020 | $831 -1.4% | $8,290 -2% |
| 2019 | $843 +0.2% | $8,460 -2.1% |
| 2018 | $841 0% | $8,640 -1% |
| 2017 | $842 +0.7% | $8,730 |
| 2016 | $835 +2.1% | $8,730 +2% |
| 2015 | $818 -10.7% | $8,560 -14% |
| 2014 | $916 +0% | $9,950 -1.2% |
| 2013 | $916 | $10,070 -13% |
| 2010 | -- | $11,580 +120.2% |
| 1998 | $420 | $5,260 |
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: 3.7 mi
Schools provided by the listing agent
- Elementary: Lincoln
- 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
- 1617 NE Madison Ave
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Nearby neighborhoods
Nearby zip codes
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