# 514 NE MADISON Avenue, Peoria, IL 61603

> **TL;DR:** 2bd/2ba single family, $169,900 ($90/sqft), built 1920, 1,880 sqft.
> Fireplace, A/C. Est. $736/mo. Listed 319 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $169,900 |
| Price/sqft | $90 |
| Bedrooms | 2 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,880 |
| Year Built | 1920 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 319 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $736 |
| **Total** | **$736** |

## Nearby Schools

- **High:** Manual

## Key Amenities

- Fireplace
- A/C

## Property Highlights

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

## Description

### AI Summary
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.

## Location

- **Address:** 514 NE MADISON Avenue, Peoria, IL 61603
- **County:** Peoria
- **Neighborhood:** Flanagan
- **Coordinates:** 40.697126, -89.58591
- **Google Maps:** https://www.google.com/maps?q=40.697126,-89.58591

## Listing Agent

- **Name:** Zachary Oyler
- **Brokerage:** Keller Williams Premier Realty
- **Phone:** 3094728037
- **Email:** zoyler@gmail.com

## Primary Photo

![514 NE MADISON Avenue - Primary Photo](http://lh.rdcpix.com/8835df6f20f4ce00a2ddcb9ad0f94c9al-f1737321502r.jpg)

*2 total photos available on [listing page](https://www.propertysimple.com/listing/514-ne-madison-avenue-peoria-il-61603-a1259511)*

---

**MLS#:** PA1259511 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/514-ne-madison-avenue-peoria-il-61603-a1259511)

---

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