For sale

$26,900

2702 NE Madison Ave, Peoria, IL 61603

2beds

1,154sqft

N/A

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Single Family Residence, Residential

Built in 1920

3,920 Square Feet Lot

$-- Zestimate^®

$23/sqft

$-- HOA

What's special

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.

91 days

409

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: Upper
Dimensions: 13ft 0in x 10ft 0in

Bedroom 2

Level: Upper
Dimensions: 11ft 0in x 8ft 0in

Other

Level: Main
Dimensions: 14ft 0in x 10ft 0in

Other

Area: 0

Kitchen

Level: Main
Dimensions: 12ft 0in x 11ft 0in

Living room

Level: Main
Dimensions: 14ft 0in x 12ft 0in

Main level

Area: 713

Upper level

Area: 441

Heating

Forced Air

Features

Basement: Full,Unfinished

Interior area

Total structure area: 1,154
Total interior livable area: 1,154 sqft

Property

Parking

Total spaces: 1
Parking features: Detached, Shared Driveway
Garage spaces: 1
Has uncovered spaces: Yes
Details: Number Of Garage Remotes: 0

Features

Patio & porch: Porch, Screened

Lot

Size: 3,920 Square Feet
Dimensions: 30 x 132
Features: Level

Details

Parcel number: 1435355008

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence, Residential

Materials

Steel Siding
Roof: Shingle

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Haung

Location

Region: Peoria

Financial & listing details

Price per square foot: $23/sqft
Tax assessed value: $27,840
Annual tax amount: $1,194
Date on market: 4/24/2026
Cumulative days on market: 93 days

Estimated market value

Not available

Estimated sales range

Not available

$810/mo

Price history

Date	Event	Price
4/24/2026	Listed for sale	$26,900+79.3%$23/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1265900 Report a problem
12/19/2011	Sold	$15,000-49.8%$13/sqft
Source: Public Record Report a problem
5/5/2011	Listing removed	$29,900$26/sqft
Source: Century 21 Lincoln National #1122111 Report a problem
2/24/2011	Listed for sale	$29,900$26/sqft
Source: Century 21 Lincoln National #1122111 Report a problem
1/17/2011	Listing removed	$29,900$26/sqft
Source: CENTURY 21 Lincoln National Realty #1122111 Report a problem
10/14/2010	Listed for sale	$29,900-0.3%$26/sqft
Source: Century21 Lincoln National Report a problem
9/21/2005	Sold	$30,000$26/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$839 +4.8%	$9,280 +9%
2023	$801 +11%	$8,510 +13.8%
2022	$722 +1.8%	$7,480 +4.9%
2021	$709 +0.2%	$7,130 +1%
2020	$707 -1.4%	$7,060 -1.9%
2019	$717 -7.9%	$7,200 -10%
2018	$779 +0%	$8,000 -1%
2017	$779 +0.8%	$8,080
2016	$773 +2%	$8,080 +1.9%
2015	$758 -2.3%	$7,930 -5.9%
2014	$776 -0.1%	$8,430 -1.3%
2013	$777 -2.1%	$8,540 -4.8%
2011	$794	$8,970 -13%
2010	--	$10,310 +0.5%
2009	$898 +6.2%	$10,260 +2%
2008	$846 +3.1%	$10,060 +2.5%
2007	$820 +304.8%	$9,810 +3.2%
2006	$203 +4.7%	$9,510 +115.2%
1998	$193	$4,420

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: North Valley

Getting around

47 / 100

Car-Dependent

28 / 100

Some Transit

44 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Lincoln School
Grades: K-8Distance: 0.8 mi
1/10
Peoria High School
Grades: 9-12Distance: 2 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.