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818 NE Madison Avenue

Peoria, IL 61603
  • $49,900
  • STATUS: Active
  • ON SITE: 92 Days
  • ID#: PA1261676
Price Reduced
UPDATED: 60 min ago
$49,900
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

High School:

Description

Great Investment Opportunity! Have you been thinking about owning a duplex for extra rental income? Here’s your chance to make it happen! Each unit offers a Living Room, Dining Room, Kitchen, two Bedrooms, and a full Bathroom. One unit also includes basement access for added storage and utility space. Enjoy the front porch for relaxing evenings and a spacious backyard for outdoor activities. While the property needs some work, it has great potential to build equity and generate steady income. Don’t miss out, a little TLC could turn this into a rewarding investment! Call to schedule your showing today! All measurements are approx. & not deemed reliable. This is a Fannie Mae Homepath Property.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-18T16:44:45.253.
www.ashleycoker.com/homes/168995563
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818 NE Madison Avenue Peoria, IL 61603

  • Price: $49,900
  • Status: Active
  • On Site: 92 Days
  • Updated: 60 min ago
  • ID#: PA1261676
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1925
Built
Neighborhood:
Morton Voris & Laveille
County:
Peoria
Area:
Paar Area
High School:
Manual
Property Description
Great Investment Opportunity! Have you been thinking about owning a duplex for extra rental income? Here’s your chance to make it happen! Each unit offers a Living Room, Dining Room, Kitchen, two Bedrooms, and a full Bathroom. One unit also includes basement access for added storage and utility space. Enjoy the front porch for relaxing evenings and a spacious backyard for outdoor activities. While the property needs some work, it has great potential to build equity and generate steady income. Don’t miss out, a little TLC could turn this into a rewarding investment! Call to schedule your showing today! All measurements are approx. & not deemed reliable. This is a Fannie Mae Homepath Property.
Exterior Features

Construction Materials Brick Parking Features On Street Parking Total 0 Roof Shingle

Interior Features

Basement Unfinished Building Area Total 2304 Heating Natural Gas Number Of Central Air Units 0 Number Of Electric Meters 0 Number Of Gas Meters 0 Number Of Heating Units 2 Number Of Water Heaters 1

Property Features

100 Year Plain Unknown Agent Owned No Disclosed Short Sale N Financing Cash Only Gross Income 0 Insurance Expense 0 Lot Features Level Lot Size Dimensions 33x180 Manager On Site YN No Net Operating Income -794 New Construction YN No Number Of Water Meters 0 Operating Expense 0 Repossessed Yes Structure Type Duplex Tax Annual Amount 794.48 Tax Legal Description MORTON VORIS & LAVEILLE'S ADD SW 1/4 SEC 3-8-8E NE 33' LOT 11 BLK 62 (91-20758) Tax Year 2024 Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Donna Fauntleroy of Coldwell Banker Real Estate Group: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-18T16:44:45.253.
 
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Ashley Coker Team | The Real Estate Group
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Springfield IL, 62711