Sold68d on marketHistoric · 108 yrs
1616 NE Madison Ave
Peoria, IL, 61603 • North Valley • Peoria County
$31,750
$20/sqft
3Beds
1Baths
1,584Sqft
0.06 acLot
1918Built
Property DNA
Character Home
Built 1918 · 108 years of history
Birket
North Valley
1 Fireplace
Cozy heat source
This home is getting attention
Listed 68 days ago · 8 views
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
68 days on market
Established listing
$20/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 19% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1918 · Historic
TAKE THE TOUR! TENANT-OCCUPIED PROPERTY OFFERING IMMEDIATE, STABLE CASH FLOW WITH A LONG-STANDING RENTER. LOCATED ALONG THE REVITALIZING NE MADISON CORRIDOR. A GREAT OPTION FOR INVESTORS SEEKING DEPENDABLE RETURNS. AVAILABLE INDIVIDUALLY OR PAIRED WITH SURROUNDING NE MADISON PROPERTIES. CURRENTLY RENTED FOR $700 PER MONTH W/ LONG TERM TENANT!
Estimated monthly payment
Based on current rates
$207/month
Principal & Interest$165
Property Tax$32
Insurance$11
Down payment20% ($6,350)
3%50%
Est. 6.75% rate · 30yr fixed · $25,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence, Residential
Year Built1918
HeatingForced Air
CoolingNone
ParkingOpen Parking
Lot2,613 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence, Residential
Year built1918
Systems
HeatingForced Air
CoolingNone
RoofShingle
ConstructionAluminum Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
BasementCrawl Space,Unfinished
Fireplaces1
Lot2,613 sqft
Location & Tax
NeighborhoodNorth Valley
Annual tax$1,162
Parcel18/03/255/006
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Heating
Forced Air
Cooling
None
Exterior Features
Parking
On Street
Construction
Aluminum Siding
Lot Features
Level
Room details
10 rooms detailed
Bedroom1
UpperBedroom2
UpperBedroom3
UpperOther
Additional Level
Kitchen
MainListing insights
Market data and value estimates
StatusSold
Days on market68
Est. value$32,200
Est. rent$916/mo
Tax rate2.49%
Price/sqft$20
On marketDec 4, 2025
PostedDec 4, 2025
Last sold$31,750
MLS updatedJan 29, 2026
Tour days6
Views8
How are the schools in Peoria?
2 schools rated nearby
Location
Peoria, IL, 61603
Price history
6 events
DateEventPrice$/sqftSource
Jan 29, 2026Sold$31,750$20RMLS Alliance as distributed by MLS GRID
Jan 16, 2026Pending Sale$45,000$28RMLS Alliance as distributed by MLS GRID
Jan 5, 2026Listed For Sale$45,000$28RMLS Alliance as distributed by MLS GRID
Dec 17, 2025Pending Sale$45,000$28RMLS Alliance as distributed by MLS GRID
Dec 4, 2025Listed For Sale$45,000$28RMLS Alliance as distributed by MLS GRID
Mar 4, 2021Sold$15,000$9RMLS Alliance as distributed by MLS GRID
Sold$31,750
Jan 29, 2026•$20/sqft•RMLS Alliance as distributed by MLS GRID
Pending Sale$45,000
Jan 16, 2026•$28/sqft•RMLS Alliance as distributed by MLS GRID
Listed For Sale$45,000
Jan 5, 2026•$28/sqft•RMLS Alliance as distributed by MLS GRID
Pending Sale$45,000
Dec 17, 2025•$28/sqft•RMLS Alliance as distributed by MLS GRID
Listed For Sale$45,000
Dec 4, 2025•$28/sqft•RMLS Alliance as distributed by MLS GRID
Sold$15,000
Mar 4, 2021•$9/sqft•RMLS Alliance as distributed by MLS GRID
Tax history
14 years of records
YearTax paidAssessed value
Apr 8, 2024$863$9,540
Apr 8, 2023$823$8,750
Apr 8, 2022$806$8,360
Apr 8, 2021$791$7,960
Apr 8, 2020$790$7,880
Apr 8, 2019$801$8,040
Apr 8, 2018$800$8,210
Apr 8, 2017$799$8,290
Apr 8, 2016$793$8,290
Apr 8, 2015$777$8,130
Apr 8, 2014$871$9,460
Apr 8, 2013$870$9,570
Apr 8, 2010—$11,230
Apr 8, 1998$432$5,400
Nearby homes
Neighborhood details
Local context around this listing
Peoria, IL • Peoria County
Nearby neighborhoods
Downtown PeoriaEast BluffNorth ValleyWest Bluff
Nearby cities
BartonvilleChillicotheDunlapEdwardsElmwoodHanna CityPekinPeoria
Nearby zip codes
61602616036160461605616066161461615616256163661655
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Based on information submitted to the MLS GRID as of 2026-04-08 07:07:57 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)
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