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Updated 4 hours ago

1501 NE Madison Ave


Peoria, IL

3 Bed
•
2 Bath

1,576 Sq. Ft.

Available Now
Floor plans
3 Beds • 2 Bath
$1,200
1576 ft2
1 Available
Managed By: avail
Charming 3 Bedroom Home in Peoria — Bonus Space & Flexible Terms
$1,200
Available Now
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1501 NE Madison Ave
1501 NE Madison Ave
1501 NE Madison Ave
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $2,459.00
Property details
Description

This charming 3-bedroom, 2-bathroom home in Peoria offers approximately 1,576 sq. ft. of comfortable living space, with a flexible bonus area that could easily be converted into a 4th bedroom. Move-in ready September 1st, this home is perfect for anyone looking for extra space to grow into. Available now for showings by appointment. Seller financing is available through a Contract for Deed program — no credit check or bank qualifying required — with a $3,000 down payment and $1,200/month, which includes home insurance for added convenience.

Additional Details
Total Unit Count: 1
Last Updated: Updated 4 hours ago
Contact Number: (217) 217-2497
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 6.0 0.512
AT&T Inc. 3.0 0.384
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1501 NE Madison Ave by bedroom type below.
3 Bedroom
Suggested income:
$43,200
per year
Rent report

1501 NE Madison Ave Rent vs. Peoria Average

 1501 NE Madison Ave      Peoria Average
3BR
$1,200
$1,899
$0
$650
$1,300
$1,950
$2,600

1501 NE Madison Ave is asking 37% less than the average 3 bedroom apartment in Peoria.

If you upsized to an average priced Peoria 4 bedroom apartment, you would pay 39% less per month.

If you downsized to an average priced Peoria 2 bedroom apartment, you would pay 58% less per month.

1501 NE Madison Ave provides 4% less square footage than the average Peoria 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1501 NE Madison Ave
3BR $1,200 $0.80 $3,600
Peoria Average
Studio $799 $1.50 $2,398
1BR $1,029 $1.50 $3,087
2BR $1,200 $1.30 $3,600
3BR $1,899 $1.20 $5,696
4BR $1,369 $1.10 $4,106

Availability in Peoria

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 116 2BR units on the market in Peoria. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 40% 46% 4% 2%
Available Units in Peoria
Studio 21
1BR 101
2BR 116
3BR 11
4BR 5
Location
Nearby Colleges

Illinois Central College

Bradley University

Illinois Central College

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,576 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
1501 NE Madison Ave has a 3 bedroom unit starting at $1,200.
Where is this property located?
This property is at 1501 NE Madison Ave in Peoria, IL. It's 1.0 miles north from the center of Peoria.
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