TAKE THE TOUR! LONG-STANDING TENANCY AND CONSISTENT PERFORMANCE MAKE THIS A GREAT ADDITION TO ANY INVESTMENT PORTFOLIO. LOCATED IN A HIGH-DEMAND RENTAL AREA AND OFFERING IMMEDIATE CASH FLOW. AVAILABLE INDIVIDUALLY OR AS PART OF A SIX-PROPERTY PORTFOLIO. CURRENTLY RENTED FOR $900 PER MONTH W/ LONG TERM TENANT!
For sale
$55,000
1621 NE Madison Ave, Peoria, IL 61603
4beds
1,682sqft
Est.:
Single Family Residence, Residential
Built in 1914
3,484.8 Square Feet Lot
$59,300 Zestimate®
$33/sqft
$-- HOA
What's special
- 5 days |
- 179 |
- 11 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 10:01pm
Listed by:
Christine Schauble 309-208-9900,
eXp Realty
Source: RMLS Alliance,MLS#: PA1262709
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Upper
- Dimensions: 11ft 0in x 10ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 10ft 0in x 10ft 0in
Bedroom 3
- Level: Upper
- Dimensions: 10ft 0in x 9ft 0in
Bedroom 4
- Level: Upper
- Dimensions: 10ft 0in x 9ft 0in
Other
- Area: 0
Additional level
- Area: 0
Kitchen
- Level: Main
- Dimensions: 10ft 0in x 11ft 0in
Main level
- Area: 850
Upper level
- Area: 832
Heating
- Forced Air
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,682
- Total interior livable area: 1,682 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
- Details: Number Of Garage Remotes: 0
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 39 x 91
- Features: Corner Lot, Level
Details
- Parcel number: 1803252021
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Birket
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $33/sqft
- Tax assessed value: $32,490
- Annual tax amount: $1,279
- Date on market: 12/5/2025
- Cumulative days on market: 5 days
- Road surface type: Paved
Estimated market value
$59,300
$45,000 - $75,000
$1,285/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $55,000+266.7%$33/sqft |
Source:  RMLS Alliance #PA1262709 Report a problem | ||
| 3/4/2021 | Sold | $15,000-50%$9/sqft |
Source: RMLS Alliance #PA1221761 Report a problem | ||
| 2/6/2021 | Pending sale | $30,000$18/sqft |
Source: RMLS Alliance #PA1221761 Report a problem | ||
| 1/21/2021 | Listed for sale | $30,000$18/sqft |
Source: RMLS Alliance #PA1221761 Report a problem | ||
| 3/2/2017 | Listing removed | $30,000$18/sqft |
Source: Jim Maloof/REALTOR #1177439 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $980 +4.9% | $10,830 +9.1% |
| 2023 | $934 +2% | $9,930 +4.5% |
| 2022 | $916 +1.9% | $9,500 +5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$329/mo
Principal & interest
$213
Property taxes
$97
Home insurance
$19
Climate risks
Neighborhood: North Valley
Nearby schools
GreatSchools rating
- 1/10Lincoln SchoolGrades: K-8Distance: 0.1 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Lincoln
- High: Manual
Source: RMLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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