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Single Family ResidenceResidential
$169,900$90 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 81How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $62,500 on Apr 18, 2003

514 NE MADISON AVE

PEORIA, IL 61603
2
Beds
1.5
Baths
1,880 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1,742 ft²
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$170K
$138K low$202K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$62,500 · Apr 18, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,881 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$21,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$820
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,480
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$19,540
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$63,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.32
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
77
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
62
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPEORIA
Lot (acres)The size of the land the home sits on, from county records.0.05
ConstructionThe main material the home's frame and walls are built from.Brick
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 42 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lincoln K-8 SchoolF
Elementary · Grades KG–8 · 0.9 mi
H
Manual High SchoolF
High · Grades 9–12 · 2.8 mi

District: Peoria Public Schools

Neighborhood · ZIP 61603These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.137
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.15,591
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,730 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$46,714
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57,785
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

514 Ne Madison Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Olde Towne
  • Among the highest price per square foot in Olde Towne
  • Bigger than 90% of homes in Peoria 61603
  • Among the smallest lots in Peoria 61603
  • Older than 85% of homes in Peoria County

What homes are worth in Peoria 61603

Each bar is how many homes fall in that price range. The marker is this home.

This home
$21K$168K

This home is worth more than 98% of homes in Peoria 61603.

How it measures up in Peoria 61603

The dot is this home. The mark in the middle is the typical home in Peoria 61603.

Estimated value$169,900
CheaperTypical $54,821Pricier

Pricier than 98% of homes nearby

Price per ft²$90
CheaperTypical $48Pricier

Pricier than 86% of homes nearby

Living area1,880 ft²
SmallerTypical 1,183 ft²Bigger

Bigger than 90% of homes nearby

Lot size1,742 ft²
SmallerTypical 0.13 acBigger

Smaller than almost all homes nearby

Year built1920
OlderTypical 1925Newer

Newer than 38% of homes nearby

How 514 Ne Madison Ave ranks against every home in each area.
MeasureThis homeOlde TownePeoria 61603Peoria County
Estimated valuepricier than$169,900almost all homes98% of homes58% of homes
Price per ft²pricier than$90almost all homes86% of homes35% of homes
Living areabigger than1,880 ft²74% of homes90% of homes73% of homes
Lot sizebigger than1,742 ft²2% of homesalmost no homesalmost no homes
Year builtnewer than192062% of homes38% of homes15% of homes

About 514 Ne Madison Ave

How much is 514 Ne Madison Ave, Peoria, IL worth?

The TopHap Estimate for 514 Ne Madison Ave, Peoria, IL is $169,900 as of Sep 24, 2026. The likely range is $137,527 to $202,273. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 514 Ne Madison Ave, Peoria, IL last sell?

514 Ne Madison Ave, Peoria, IL last sold on Apr 18, 2003 for $62,500, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 514 Ne Madison Ave, Peoria, IL?

514 Ne Madison Ave, Peoria, IL has 2 bedrooms, 1.5 bathrooms, 1,880 square feet of living space and a 0.05-acre lot.

When was 514 Ne Madison Ave, Peoria, IL built?

514 Ne Madison Ave, Peoria, IL was built in 1920, making it 106 years old. The building has 2 stories.

What schools serve 514 Ne Madison Ave, Peoria, IL?

514 Ne Madison Ave, Peoria, IL is assigned to Lincoln K-8 School (elementary), rated F; Manual High School (high), rated F. All sit in Peoria Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 514 Ne Madison Ave, Peoria, IL compare to other homes in Peoria 61603?

Among the 6,502 homes in Peoria 61603, it is worth more than 98% of them ($169,900 against a typical $54,821), its price per square foot is higher than 86% of them ($90 against a typical $48), it is bigger than 90% of them (1,880 ft² against a typical 1,183 ft²), its lot is bigger than almost none of them (1,742 ft² against a typical 0.13 ac) and it is newer than 38% of them (1920 against a typical 1925). Measured against all of Peoria County, it is worth more than 58% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 514 Ne Madison Ave, Peoria, IL?

The 2025 property tax bill for 514 Ne Madison Ave, Peoria, IL was $1,881. The county assessed it at $21,300.

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