Great opportunity to own an Historic 14 multi-family close to Downtown and Hospitals. Consistent demand and stays full. 16 unit available across the street as well as3single family homes. See also MLS PA1259507
Pending
$1,750,000
500 NE Madison Ave, Peoria, IL 61603
8beds
4baths
17,982sqft
:
Get pre-qualified$12,901/mo
Multi Family, Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
- 334 days |
- 18 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Zachary Oyler 309-472-8037,
Keller Williams Premier Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1260511
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Zoned, Central Air, Central Air
Appliances
- Included: Range, Refrigerator, Water Heater
Features
- Basement: Full
Interior area
- Total structure area: 17,982
- Total interior livable area: 17,982 sqft
Property
Parking
- Total spaces: 30
Lot
- Size: 10,454 Square Feet
- Dimensions: 121 x 85
- Features: Level
Details
- Parcel number: 1804483001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Other
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Flanagan
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $97/sqft
- Annual tax amount: $13,245
- Date on market: 8/28/2025
- Cumulative days on market: 315 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,196/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Pending sale | $1,750,000$97/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1260511 Report a problem | ||
| 8/28/2025 | Listed for sale | $1,750,000$97/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1260511 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Valley
Nearby schools
GreatSchools rating
- 3/10Lincoln SchoolGrades: K-8Distance: 1 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 2.8 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.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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