Building Details

Year Built 1900

Listing Agency: Adam Merrick Real Estate

Listed By: Adam Merrick (homes@adammerrick.com)

Source: Searchillinoishomesforsale

Added: Apr 2 Changed: Aug 31 Last Checked: Sep 1 at 8:00PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adam Merrick Real Estate

Investment Insights

Based on property information with market context.

This multifamily property dates to 1900 and has a reported property size of 932. The asset is located at 805 NE Madison Ave in Peoria, Illinois, within ZIP code 61603.

Key Highlights

• Multifamily property constructed in 1900
• Reported property size of 932
• Located at 805 NE Madison Ave, Peoria, IL 61603

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Hair Salon Locksmith Nail Salon Butcher Barber Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,569

Businesses Nearby

Explore this area Business Placement

Demographics for 61603, IL

15,503

Population

8,291

Households

1.9

Avg Household Size

33

Median Age

15%

College-Educated

87%

High-School Grad

4.2 sq mi

ZIP Area

3,691

Density / Sq Mi

$40,405

Median Household Income

$29,084

Median Earnings

$976

Median Rent

$73,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Automotive Sales and Service Facility

1613 W Pioneer Parkway, Peoria, IL 61615

$1,699,000

6,800 SF

View details

Multi-Tenant Office Building

5016 N University St, Peoria, IL 61614

$670,000

11,649 SF

View details

Corner Storefront Retail Property

1025 North Sheridan Road, Peoria, IL 61606

$399,900

11,500 SF

View details

Mixed-Use Corner Commercial Building

2422 N North St, Peoria, IL 61604

$330,000

4,085 SF

View details

Three-Story Office Building

2 News Plaza, Peoria, IL 61614

$2,021,000

38,904 SF

View details

Restaurant and Coffee Shop Property

3624 N University St, Peoria, IL 61604

$2,999,000

1,268 SF

View details

Warehouse Building with 21-Foot Ceilings

215 Taylor St, East, Peoria, IL 61611

$2,390,000

49,540 SF

View details

Single-Tenant State Office Building

607 Main St, Peoria, IL 61602

$3,788,000

40,697 SF

View details

Multi-Building Flex Property

1800 SW Adams St, Peoria, IL 61602

$899,000

45,000 SF

View details

Turnkey QSR Restaurant with Drive-Thru

1017 W Main St, Peoria, IL 61606

$425,000

3,380 SF

View details

Turnkey Dirt Track Stadium

3520 W Farmington Rd, Peoria, IL 61604

$550,000

1,536 SF

View details

Interconnected Three-Story Mixed-Use Property

309-313 Main Street, Peoria, IL 61602

$600,000

21,915 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - This multifamily property was constructed in 1900.

Where is this multifamily property located?

The property is located at 805 Ne Madison Ave Peoria, IL.

What are key features of this property?

This property features: Multifamily property constructed in 1900; Reported property size of 932; Located at 805 NE Madison Ave, Peoria, IL 61603