27 days on rocket

Backup Offers

2509 NE Madison Ave, Peoria, IL, 61603

$28,000

Home List Price

$333*

Closing Credit

2 Bedrooms
1 Full Bath
1,332 SqFt
$21/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2509 NE Madison Ave, Peoria$28,000

Buyer Closing Credits

$333*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1935
HeatingNatural Gas, Forced Air
BasementYes
MLS #PA1249382
StatusAccepting Backup Offers
(Pending Continue to Show)

About 2509 NE Madison Ave

Calling all investors looking to add to their portfolio or any first-time buyers looking for a starter home. This 2 bedroom, 1 bath home offers a large kitchen along with a potential office space or dining area on the main floor. This home features a newer roof (within the last 5 years) newer furnace (within the last 2-3 years) and some replacement windows. The basement has potential for a "man cave" or family room space. Schedule your appointment today!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1935
  • Living Area: 1,332 SqFt

Listing Office:

  • Office Name: RE/MAX Traders Unlimited...
  • Office Phone: (309) 648-8187
  • Listing Agent: Amanda Allsup

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Replacement Windows

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Peoria High School, Public District Grades 9-12
  • Glen Oak Community Learning Center, Public District Grades KG-6

Other

Directions Information:

  • Directions: US-150 E / E War Memorial Dr, Right to IL-29 S, Right to Park, Right to Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $28,000
  • Price Per SqFt: $21/SqFt

Tax Information:

  • Annual Amount: $478
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Peoria, IL

City

Med. Sold Price

$126.3K

Med. Price/SqFt

$83

Avg. Days On Market

25

# of Sold Homes

128

2509 NE Madison Ave vs Peoria

27 DAYS ON ROCKET

+2 Days

$28,000

-$98.3K Less

$21/SqFt

-$63 Less

KEY TAKEAWAY

This property is $98.3K less than the Median Sold Price and $63/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: #PA1249382

Listing Office:

  • Office Name: RE/MAX Traders Unlimited...
  • Office Phone: (309) 648-8187
  • Listing Agent: Amanda Allsup

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: 5/3/2024, 5:20:37 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

Feb 27, 2014Home Sold
$25,000
Nov 03, 2004Home Sold
$14,000
Nov 09, 1998Home Sold
$27,500

Tax History

YEARPROP. TAXASSESSMENT
2020$478$6,940
2019$475$7,080
2018$464$7,870
2017$460$7,950

History based on county public records data.

Payment Calculator

$207

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$150

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-5476917
1
/10

  • Glen Oak Community Learning Center

  • 2100 North Wisconsin Ave

  • 1.06 miles

  • Public District Grades KG-6

High School

school-card-donut-5476918
2
/10

  • Peoria High School

  • 1615 N North St

  • 1.90 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 $27,286. Most Peoria, IL residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2509 NE Madison Ave

What is the listing price of this property?

The listing price of 2509 NE Madison Ave property is $28,000.

What type of property is this?

The property 2509 NE Madison Ave is a house located in Peoria, Illinois, 61603.

Is this property for sale now?

Accepting Backup Offers: 2509 NE Madison Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2509 NE Madison Ave are:
Glen Oak Community Learning Center: GreatSchools Rating 1/10
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 $478 (source: MLS/based on county public records data).

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

The last sale was on February 27, 2014 for $25,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2509 NE Madison Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2509 NE Madison Ave is 1,332 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2509 NE Madison Ave is 1935.

Rocket Homes›Illinois›Peoria County›Peoria›61603›2509 NE Madison Ave

This home is located at 2509 NE Madison Ave in Peoria, IL and zip code 61603 in the North Valley neighborhood. This 1,332 square foot home was built in 1935. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $28,000.

In April 2024, from all listings sold in Peoria, IL there were more than 45 sold above asking price, over 64 sold below and more than 19 were sold right at the asked price. The inventory of homes for sale in Peoria, IL between March 2024 and April 2024 increased by 1.5%. Listings spent 25 days on the market in April 2024, and had a median list price of $126,355 during the same period.

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

More Resources