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2303 NE Madison Ave, Peoria, IL, 61603

$40,000

Home List Price

$475*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,104 SqFt
$36/SqFt
House
Schools Nearby

Location

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2303 NE Madison Ave, Peoria$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1900
BasementYes
MLS #PA1248531
Lot Size0.06 Acres
StatusActive

About 2303 NE Madison Ave

Attention Investors! 1.5 story home with 1104 sqft, 4 bedrooms, and 2 bathrooms. Home can be sold as part of a larger 7 pack of homes.

Property Details

Property Features

Property Information:

  • Architectural Style: One and Half Story
  • Year Built: 1900
  • Living Area: 1,104 SqFt

Listing Office:

  • Office Name: Adam Merrick Real Estate
  • Office Email: homes@adammerrick.com
  • Listing Agent: Adam Merrick

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: NE ADAMS, L ON CAMBLIN, R ON MADISON AVE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
  • Price Per SqFt: $36/SqFt

Tax Information:

  • Annual Amount: $437
  • Tax Year: 2020
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Housing Market Comparison

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

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Peoria, IL

City

Med. Sold Price

$125.7K

Med. Price/SqFt

$83

Avg. Days On Market

23

# of Sold Homes

137

2303 NE Madison Ave vs Peoria

59 DAYS ON ROCKET

+36 Days

$40,000

-$85.7K Less

$36/SqFt

-$47 Less

KEY TAKEAWAY

This property is $85.7K less than the Median Sold Price and $47/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: #PA1248531

Listing Office:

  • Office Name: Adam Merrick Real Estate
  • Office Email: homes@adammerrick.com
  • Listing Agent: Adam Merrick

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: 4/27/2024, 1:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 06, 2006Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$437$4,360
2019$443$4,450
2018$485$4,990
2017$486$5,040

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-1288786
2
/10

  • Lincoln School

  • 700 Mary St

  • 0.55 miles

  • Public District Grades KG-8

High School

school-card-donut-1288787
2
/10

  • Peoria High School

  • 1615 N North St

  • 1.82 miles

  • Public District Grades 9-12

All data from GreatSchools

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. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2303 NE Madison Ave

What is the listing price of this property?

The listing price of 2303 NE Madison Ave property is $40,000.

What type of property is this?

The property 2303 NE Madison Ave is a house located in Peoria, Illinois, 61603.

Is this property for sale now?

Active Listing: 2303 NE Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2303 NE Madison Ave are:
Lincoln School: GreatSchools Rating 2/10
Peoria High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $437 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 6, 2006 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2303 NE Madison Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2303 NE Madison Ave is 1,104 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2303 NE Madison Ave is 1900.

Rocket Homes›Illinois›Peoria County›Peoria›61603›2303 NE Madison Ave

This home is located at 2303 NE Madison Ave in Peoria, IL and zip code 61603 in the North Valley neighborhood. This 1,104 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $40,000.

Peoria, IL housing market in March 2024 saw over 37 listings sold above listed price, more than 27 sold at listed price and over 73 sold below. In March 2024 in Peoria, IL there were 3.6% less homes for sale than in February 2024. In March 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $125,750.

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

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