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About This Home

Built in 1920, this all-brick two-story single-family home at 514 NE Madison Avenue offers 1,880 square feet of living space on a 0.05-acre lot in the Flanagan neighborhood of Peoria, Illinois. The property includes two bedrooms and two bathrooms, with a fireplace adding historic character.

Central air provides cooling, while natural gas forced air supplies heating. Currently rented as a single-family residence, the home sits close to downtown Peoria and area hospitals. It may be purchased individually or as part of a package with other properties. With 106 active listings citywide and an average home size of 1,863 square feet, this residence aligns closely with typical Peoria housing dimensions while retaining its original brick construction and period features.

Agent Description

All brick single 2bed / 1.5 bath home close to Downtown and Hospitals. Can be purchased as a package with other properties or sold individually. Lots of historic character and charm.

Key Features

  • Built in 1920
  • 0.05 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full, 1 half
1920

Amenities

FireplaceA/C

Monthly Cost Estimate

$909/mo

20% down · 6.5% · 30 years

Principal$123
Interest$736
Insurance$50

Estimates only. Actual payments may vary.

Location

514 NE MADISON Avenue

Peoria, IL 61603

Flanagan

Property Details

Construction

Brick

Parking

On Street

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 2-bedroom, 2-bathroom single family at 514 NE MADISON Avenue is listed at $169,900 ($90/sqft). The estimated monthly payment is $736 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.05 acre lot, 2 stories, Fireplace.

This property is listed by Zachary Oyler and can be reached at 3094728037 or zoyler@gmail.com.

ZO

Zachary Oyler

Agent at Keller Williams Premier Realty

(309) 472-8037

Listed by Keller Williams Premier Realty · View on Broker Site

MLS# PA1259511· Source: listhub· Updated 319 days ago

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

514 NE MADISON Avenue, Peoria, IL 61603

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