Discover this charming 2-bedroom bungalow that comes with an impressive garage featuring its own electric panel and a built-in workshop table. While the home needs some TLC, all the mechanicals are in good working condition. The property boasts a great floorplan, well-maintained interior doors and trim, updated electrical systems, a formal living room, and an eat-in kitchen with good cabinets and countertops. The vinyl flooring in the living room, dining room, kitchen, and bathroom is in good shape, while the bedrooms are ready for new flooring. Additionally, the home includes a new main water line and a fenced yard. This property could be a fantastic rental opportunity or an affordable house with a great garage. Agent owned. Home sold “as-is”.
Sold for $28,500
$28,500
2918 NE Madison Ave, Peoria, IL 61603
2beds
944sqft
Single Family Residence, Residential
Built in 1920
4,092 Square Feet Lot
$56,100 Zestimate®
$30/sqft
$829 Estimated rent
Home value
$56,100
$42,000 - $72,000
$829/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mark A Rosenberg mark@oakwoodrealestate.net,
Oakwood Real Estate
Bought with:
Mark A Rosenberg, 471012524
Oakwood Real Estate
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1258529
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: 11ft 6in x 10ft 4in
Bedroom 2
- Level: Main
- Dimensions: 11ft 6in x 10ft 0in
Other
- Level: Main
- Dimensions: 13ft 2in x 13ft 2in
Other
- Area: 0
Kitchen
- Level: Main
- Dimensions: 13ft 0in x 15ft 0in
Main level
- Area: 944
Heating
- Hot Water, Space Heater
Appliances
- Included: Range, Refrigerator
Features
- Ceiling Fan(s), High Speed Internet
- Basement: Cellar,Crawl Space,Partial
Interior area
- Total structure area: 944
- Total interior livable area: 944 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Number Of Garage Remotes: 1
Lot
- Size: 4,092 Square Feet
- Dimensions: 31 x 132
- Features: Level
Details
- Parcel number: 1435306003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Fairholm
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $30/sqft
- Tax assessed value: $22,080
- Annual tax amount: $371
- Date on market: 6/8/2025
- Cumulative days on market: 34 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listing removed | $795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/15/2026 | Listed for rent | $795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/16/2025 | Listing removed | $795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/8/2025 | Price change | $795-6.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/24/2025 | Listed for rent | $850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2025 | Sold | $28,500-18.3%$30/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1258529 Report a problem | ||
| 7/13/2025 | Pending sale | $34,900$37/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1258529 Report a problem | ||
| 7/2/2025 | Price change | $34,900-12.5%$37/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1258529 Report a problem | ||
| 6/19/2025 | Price change | $39,900-7%$42/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1258529 Report a problem | ||
| 6/13/2025 | Price change | $42,900-4.7%$45/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1258529 Report a problem | ||
| 6/8/2025 | Listed for sale | $45,000+462.5%$48/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1258529 Report a problem | ||
| 3/27/2025 | Sold | $8,000-11.1%$8/sqft |
Source: Public Record Report a problem | ||
| 8/19/2020 | Sold | $9,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $372 -3.9% | $7,360 +9% |
| 2023 | $387 -2.5% | $6,750 +12.9% |
| 2022 | $396 -3% | $5,980 +4.9% |
| 2021 | $409 -0.8% | $5,700 -27.7% |
| 2020 | $412 +0.6% | $7,880 -2% |
| 2019 | $409 +2.3% | $8,040 -9.2% |
| 2018 | $400 +1% | $8,850 -1% |
| 2017 | $396 +0.7% | $8,940 |
| 2016 | $393 +0.1% | $8,940 +1.9% |
| 2015 | $393 +3.8% | $8,770 -9.1% |
| 2014 | $378 +1.2% | $9,650 -1.2% |
| 2013 | $374 -0.8% | $9,770 -4.8% |
| 2011 | $377 | $10,260 -8.7% |
| 2010 | -- | $11,240 +0.4% |
| 2009 | $454 -1.2% | $11,190 +2% |
| 2008 | $460 -4% | $10,970 +2.2% |
| 2007 | $479 +6.4% | $10,730 +3.2% |
| 2006 | $450 +7.4% | $10,400 +2.5% |
| 2005 | $419 +27.6% | $10,150 +108% |
| 1998 | $329 | $4,880 |
Find assessor info on the county website
Neighborhood: North Valley
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Nearby schools
GreatSchools rating
- 3/10Lincoln SchoolGrades: K-8Distance: 0.9 mi
- 1/10Peoria High SchoolGrades: 9-12Distance: 2.1 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
- 2918 NE Madison Ave
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