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    Duplex Income Property Title is generated by Realmo AI

    805 NE MADISON Avenue, Peoria, IL 61603

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    For Sale
    $32,900

    MULTI_FAMILY - Peoria, IL

    Lot size:
    0.12 Acres
    Added:
    Apr 20, 2026
    Days on Market:
    53
    Last Refresh:
    Jun 11 at 12:06 am

    Property Features for 805 NE MADISON Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
    Parking
    2
    Basement
    Unfinished, Partial
    Standard status
    Active
    APN
    18-03-307-015
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    MORTON VORIS & LAVEILLE'S ADD SW 1/4 SEC 3-8-8E NE 1/2 LOT 2 BLK 61 (84-15147)
    Tax Annual Amount
    1263

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Asbestos
    Roof type
    Shingle

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    Listing Contact
    Adam Merrick
    Adam Merrick

    Listing agent Adam Merrick License #471018071

    Listing office Adam Merrick Real Estate 2400 N Main Street Suite B, East Peoria, IL

    Listing date Apr 20, 2026

    MLS# PA1265762 Listing URL

    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.

    HighLights

    • Built in 1900
    • Heating: forced air with natural gas
    • Water source: public
    • Roof type: shingle
    • Construction materials include asbestos
    • Includes 2 bedrooms and 2 bathrooms

    Overview

    This for-sale duplex is classified as a residential income property and multifamily asset, configured as two separate dwelling units within one building. The listed lot area is 0.12 acres, providing a compact site for an income-oriented residential property.

    The property is located at 805 NE Madison Avenue in Peoria, Illinois 61603, in Peoria County. Its address offers straightforward local access for touring and for anyone seeking an in-town residential investment opportunity.

    As a duplex, the building may appeal to investors looking for a two-unit residential income structure rather than a single-family setup. It can also be relevant for buyers who want to own a small multifamily property in Peoria and manage it as an income-producing asset, depending on their underwriting and operating plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.583142
    Latitude
    40.699526

    FAQs

    What type of property is this?
    Duplex - For sale duplex in Peoria, IL, offering a residential income setup on a small lot.
    Where is this duplex located?
    The property is located at 805 NE MADISON Avenue Peoria, IL.
    What is the asking price?
    The asking price for this property is $32,900.
    What are key features of this property?
    This property features: Built in 1900; Heating: forced air with natural gas; Water source: public
    More about this property
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