15 days on rocket

Sale Pending

2207 NE Madison Ave, Peoria, IL, 61603

$34,900

Home List Price

$414*

Closing Credit

3 Bedrooms
1 Full Bath
1,090 SqFt
$32/SqFt
House
Schools Nearby

Location

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2207 NE Madison Ave, Peoria$34,900

Buyer Closing Credits

$414*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1950
HeatingNatural Gas, Forced Air
BasementYes
MLS #PA1249789
Lot Size0.17 Acres
StatusSale Pending
(Pending (No Showings))

About 2207 NE Madison Ave

Attention Investors! 3 bedroom home currently occupied with a long term tenant paying $500/month(far below current market pricing). Instant cash flow! 24 hour notice required for all showings. All dimensions/sizes are approximate and not guaranteed. Sold as-is. Agent owned. Only $34,900

Property Details

Property Features

Property Information:

  • Architectural Style: One and Half Story
  • Year Built: 1950
  • Living Area: 1,090 SqFt

Listing Office:

  • Office Name: Jim Maloof Realty, Inc.
  • Office Phone: (309) 657-8182
  • Listing Agent: Brian Monge

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Peoria High School, Public District Grades 9-12
  • Lincoln School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Adams St. to Van Buren St. to R on NE Madison Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $34,900
  • Price Per SqFt: $32/SqFt
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Housing Market Comparison

See how this home compares to others in Peoria, IL.

Med. Sold Price

$126.3K

Med. Price/SqFt

$83

Avg. Days On Market

25

# of Sold Homes

128

2207 NE Madison Ave vs Peoria

15 DAYS ON ROCKET

-10 Days

$34,900

-$91.4K Less

$32/SqFt

-$52 Less

KEY TAKEAWAY

This property is $91.4K less than the Median Sold Price and $52/SqFt less than other homes in Peoria, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1249789

Listing Office:

  • Office Name: Jim Maloof Realty, Inc.
  • Office Phone: (309) 657-8182
  • Listing Agent: Brian Monge

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2024, 4:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$242

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$171

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-9904272
2
/10
  • Lincoln School

  • 700 Mary St

  • 0.48 miles

  • Public District Grades KG-8

High School

school-card-donut-9904273
2
/10
  • Peoria High School

  • 1615 N North St

  • 1.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,750. Typical income of Peoria, IL residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2207 NE Madison Ave

What is the listing price of this property?

The listing price of 2207 NE Madison Ave property is $34,900.

What type of property is this?

The property 2207 NE Madison Ave is a house located in Peoria, Illinois, 61603.

Is this property for sale now?

Sale Pending: 2207 NE Madison Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2207 NE Madison Ave are:
Lincoln School: GreatSchools Rating 2/10
Peoria High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 2207 NE Madison Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2207 NE Madison Ave is 1,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2207 NE Madison Ave is 1950.

Rocket Homes›Illinois›Peoria County›Peoria›61603›2207 NE Madison Ave

This home is located at 2207 NE Madison Ave in Peoria, IL and zip code 61603 in the North Valley neighborhood. This 1,090 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $34,900.

In April 2024 more than 45 listings in Peoria, IL were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 64 were sold below. The number of listings in Peoria, IL increased by 1.5% between March 2024 and April 2024. In April 2024 median list price was $126,355 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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