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Duplex with Two Bathrooms
For Sale
Contact for pricing

805 NE MADISON Avenue, Peoria, IL 61603

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.12 Acres
Days on Market124

Property Features for 805 NE MADISON Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking 2
Basement Unfinished, Partial
Subdivision Morton Voris & Laveille
Lot features Level
High school Peoria High
Directions IL 29S TO MADISON AVE.
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
Legal Description MORTON VORIS & LAVEILLE'S ADD SW 1/4 SEC 3-8-8E NE 1/2 LOT 2 BLK 61 (84-15147)

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1900
Number of units 2
Building materials Asbestos
Roof type Shingle
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Added: Apr 20 Changed: Aug 19 Last Checked: Aug 21 at 9:06AM
MLS# PA1265762

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.

Investment Insights

Based on property information with market context.

This duplex is a two-bedroom, two-bathroom residential property with a shingle roof and heating provided by natural gas and forced air. Construction dates to 1900, and asbestos is identified among the construction materials. Public water serves the property, which occupies 0.12 acres.

The property is located at 805 NE Madison Avenue in Peoria, Illinois, within Peoria County. Its room schedule includes Bathroom 1, Bathroom 2, Bedroom 1, and Bedroom 2. The asset is offered for sale.

Key Highlights

  • Duplex with two bedrooms and two bathrooms
  • 0.12‑acre lot at 805 NE MADISON Avenue, Peoria, IL 61603
  • Built in 1900

Property Analytics

Current Use

Duplexes

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

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
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Frequently Asked Questions

What type of property is this?
Duplex - The property includes two bedrooms, natural-gas forced-air heating, and public water service.
Where is this duplex located?
The property is located at 805 NE MADISON Avenue Peoria, IL.
What are key features of this property?
This property features: Duplex with two bedrooms and two bathrooms; 0.12‑acre lot at 805 NE MADISON Avenue, Peoria, IL 61603; Built in 1900
More about this property
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