NOT LISTED FOR SALE

1204 NE Madison Ave Peoria, IL 61603

Downtown Peoria Neighborhood

Estimated Value: $67,000 - $196,000

4 Beds
4 Baths
2,540 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $35,000 $14 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,084/month

13 Days on Market

About This Home

As of April 2022

ATTENTION INVESTORS a great opportunity for anyone with renovation experience or a team to bring this home back to life. 4 units all separated already just needing repairs and updates. property is currently vacant and will be sold as is.

Last Agent to Sell the Property

Adam Medina

Keller Williams Premier Realty License #475183053 Listed on: 02/11/2022

Keller Williams Premier Realty

Last Buyer's Agent

Josh Graham

RE/MAX Traders Unlimited License #475173510

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1920

Lot Details

  • 10,106

Home Design

  • Quadruplex

Basement

  • Partial Basement

Schools

  • Peoria High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: H N WHEELER'S SUB SW 1/4 SEC 3-8-8E BEG MOST WLY COR LOT 26 BLK 105: TH SE 177.5' NE 57' NW 177.5' S
  • Lvt Date: 02/14/2022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Price Per Sq Ft: 13.78
  • Total Sq Ft: 2540

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Peoria High
  • High School: Peoria High

Lot Info

  • Estimated Lot Size: .23 acres
  • Lot Description: Level
  • Subdivision: Wheeler
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1469.84
  • Parcel Id Number Tax Id: 18-03-330-003
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Fortune Usa Llc
Bought by
Primavera 29 Llc
Current Estimated Value
$140,811

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 4, 2022
Sold by
Ganesh Limited Partnership
Bought by
Fortune Usa Llc
Seller's Agent
Adam Medina
Keller Williams Premier Realty
Buyer's Agent
Josh Graham
RE/MAX Traders Unlimited
List Price
$44,900
Sold Price
$35,000
Premium/Discount to List
-$9,900
-22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.14%

Purchase Details

Listed on
Mar 18, 2015
Closed on
Jul 30, 2015
Sold by
Martin Michael E
Bought by
Smith Gregory P
Seller's Agent
Nick Bruesch
RE/MAX Traders Unlimited
Buyer's Agent
Patti Smith
Keller Williams Premier Realty
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.98%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Primavera 29 Llc $170,000 None Listed On Document
Fortune Usa Llc $35,000 Kepple Law Group Llc
Smith Gregory P $40,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $35,000 -12.3% $14 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/21/2022 02/21/22 Price Changed $39,900 -11.1% $16 / Sq Ft
02/11/2022 02/11/22 For Sale $44,900 +12.3% $18 / Sq Ft
07/30/2015 07/30/15 Sold $40,000 -27.3% $16 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $55,000 -- $22 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,760 $41,570 $1,370 $40,200
2023 $3,588 $38,140 $1,260 $36,880
2022 $704 $7,300 $1,200 $6,100
2021 $415 $4,170 $1,140 $3,030
2020 $414 $4,130 $1,130 $3,000
2018 $1,205 $12,370 $1,390 $10,980
2017 $1,204 $12,490 $1,400 $11,090
2016 $1,170 $12,490 $1,400 $11,090
Source: Public Records

Agents Affiliated with this Home

  • Adam Medina

    Seller's Agent in 2022

    Adam Medina

    Keller Williams Premier Realty

    (309) 453-2809

    6 in this area

    111 Total Sales

    Section Image
  • Josh Graham

    Buyer's Agent in 2022

    Josh Graham

    RE/MAX

    (309) 258-0543

    48 in this area

    526 Total Sales

    Section Image
  • Nick Bruesch

    Seller's Agent in 2015

    Nick Bruesch

    RE/MAX

    (309) 360-5611

    49 Total Sales

    Section Image

  • P

    Buyer's Agent in 2015

    Patti Smith

    Keller Williams Premier Realty

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1231774

RMLS Alliance

APN: 18/03/330/003

Illinois Peoria County Peoria 61603 Downtown Peoria

1204 NE Madison Ave, Peoria, IL

This home is located at 1204 NE Madison Ave, Peoria, IL 61603 since 11 February 2022 and is currently estimated at $140,811, approximately $55 per square foot. This property was built in 1920. 1204 NE Madison Ave is a home located in Peoria County with nearby schools including Lincoln School, Manual High School, and St Mark School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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