805 NE Madison Ave, Peoria, IL, 61603
About This Home
Great investment opportunity! This property offers strong potential for rental income, renovation, or resale. Whether you're looking to expand your portfolio or start investing, this home provides a solid foundation with value-add potential. Convenient location and endless possibilities make this a must-see for investors.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Shingle
- Construction materials: Asbestos
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Appliances
- Appliances included: Water Heater
Basement
- Basement: Partial,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 932
- Total interior livable area: 932 sqft
Property
Details
- Parcel number: 1803307015
Lot
- Lot size: 5,227 sqft
- Features: Level
- Lot size dimensions: 28 x 170
Parking
- Total spaces: 2
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $166 | $1,992 |
| Home Insurance * | $85 | $1,020 |
| Property Taxes | $58 | $696 |
| Electricity | $130 | $1,569 |
| Total | $439 | $5,268 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $32,900 |
View on Zillow