# 500 NE MADISON Avenue, Peoria, IL 61603-0000

> **TL;DR:** commercial, $1,750,000.
> A/C. Est. $7,583/mo. Listed 267 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,750,000 |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 267 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,583 |
| **Total** | **$7,583** |

## Key Amenities

- A/C

## Property Highlights

- 3 stories

## Description

### Agent Description
Great opportunity to own an Historic 14 multi-family close to Downtown and Hospitals. Consistent demand and stays full. 16 unit available across the street as well as 3single family homes. See also MLS PA1260511

## Location

- **Address:** 500 NE MADISON Avenue, Peoria, IL 61603-0000
- **County:** Peoria
- **Coordinates:** 40.696828, -89.586302
- **Google Maps:** https://www.google.com/maps?q=40.696828,-89.586302

## Listing Agent

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

## Primary Photo

![500 NE MADISON Avenue - Primary Photo](http://lh.rdcpix.com/87b96a2d28ffd9c65deb3ef75032fdf9l-f2129492759r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/500-ne-madison-avenue-peoria-il-61603-0000-a1259507)*

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**MLS#:** PA1259507 | **Updated:** 2026-04-24
**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/500-ne-madison-avenue-peoria-il-61603-0000-a1259507)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "500 NE MADISON Avenue, Peoria, IL 61603-0000",
  "description": "Great opportunity to own an Historic 14 multi-family close to Downtown and Hospitals. Consistent demand and stays full. 16 unit available across the street as well as 3single family homes. See also MLS PA1260511",
  "url": "https://www.propertysimple.com/listing/500-ne-madison-avenue-peoria-il-61603-0000-a1259507",
  "image": "http://lh.rdcpix.com/87b96a2d28ffd9c65deb3ef75032fdf9l-f2129492759r.jpg",
  "datePosted": "2026-04-24",
  "price": 1750000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "500 NE MADISON Avenue",
    "addressLocality": "Peoria",
    "addressRegion": "IL",
    "postalCode": "61603-0000",
    "addressCountry": "US"
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  "geo": {
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    "latitude": 40.696828,
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  "yearBuilt": null
}
```