# 516 NE MADISON Avenue, Peoria, IL 61603 > **TL;DR:** 3bd/3ba single family, $144,900 ($77/sqft), built 1920, 1,880 sqft. > A/C. Est. $775/mo. Listed 473 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $144,900 | | Price/sqft | $77 | | Bedrooms | 3 | | Bathrooms | 2 full, 1 half | | Square Feet | 1,880 | | Year Built | 1920 | | Lot Size | 3,049 sqft (0.07 acres) | | Stories | 2 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 473 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $733 | | Estimated Insurance | $42 | | **Total** | **$775** | ## Nearby Schools - **High:** Manual ## Key Amenities - A/C ## Property Highlights - Built in 1920 - 0.07 acre lot - 2 stories ## Description ### Agent Description Airbnb elligible - All brick single 3bed / 2.5 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:** 516 NE MADISON Avenue, Peoria, IL 61603 - **County:** Peoria - **Neighborhood:** Flanagan - **Coordinates:** 40.697174, -89.585826 - **Google Maps:** https://www.google.com/maps?q=40.697174,-89.585826 ## Listing Agent - **Name:** Zachary Oyler - **Brokerage:** Keller Williams Premier Realty - **Broker Phone:** 3092821555 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/516-NE-Madison-Ave_Peoria_IL_61603_M86770-18227?f=listhub&s=PAARIL&m=PA1259512&c=propsimple) ## Photos ![516 NE MADISON Avenue - Photo 1](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f3971366480r.jpg) ![516 NE MADISON Avenue - Photo 2](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f1432327469r.jpg) ![516 NE MADISON Avenue - Photo 3](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f1828174021r.jpg) ![516 NE MADISON Avenue - Photo 4](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f1098872327r.jpg) ![516 NE MADISON Avenue - Photo 5](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f1982433701r.jpg) ![516 NE MADISON Avenue - Photo 6](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f3286160208r.jpg) ![516 NE MADISON Avenue - Photo 7](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f230570513r.jpg) ![516 NE MADISON Avenue - Photo 8](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f881884457r.jpg) ![516 NE MADISON Avenue - Photo 9](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f1436338317r.jpg) ![516 NE MADISON Avenue - Photo 10](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f4158200987r.jpg) ![516 NE MADISON Avenue - Photo 11](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f1315106649r.jpg) ![516 NE MADISON Avenue - Photo 12](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f676003008r.jpg) ![516 NE MADISON Avenue - Photo 13](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f3928428355r.jpg) ![516 NE MADISON Avenue - Photo 14](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f2278319003r.jpg) ![516 NE MADISON Avenue - Photo 15](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f1026728084r.jpg) ![516 NE MADISON Avenue - Photo 16](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f497499948r.jpg) ![516 NE MADISON Avenue - Photo 17](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f4015866329r.jpg) ![516 NE MADISON Avenue - Photo 18](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f2572848077r.jpg) ![516 NE MADISON Avenue - Photo 19](http://lh.rdcpix.com/110569bae3939d9b03b64259a319ce85l-f2791205328r.jpg) --- **MLS#:** PA1259512 | **Updated:** 2026-10-27 **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://staging.propertysimple.ai/listing/516-ne-madison-avenue-peoria-il-61603-ef31e9d747d84a85880121ebb7edb933) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/516-ne-madison-avenue-peoria-il-61603-ef31e9d747d84a85880121ebb7edb933#listing", "url": "https://staging.propertysimple.ai/listing/516-ne-madison-avenue-peoria-il-61603-ef31e9d747d84a85880121ebb7edb933", "name": "516 NE MADISON Avenue, Peoria, IL 61603", "description": "Airbnb elligible - All brick single 3bed / 2.5 bath home close to Downtown and Hospitals. Can be purchased as a package with other properties or sold individually. 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