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1601 NE Madison Ave 9,621 SF Specialty Building Offered at $289,000 in Peoria, IL 61603

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INVESTMENT HIGHLIGHTS

  • Built in 1897 with over 9,600 sq. ft. and over 45 stained glass windows
  • Lower full bathroom and a half bath. Three former classrooms have been converted into sleeping areas.
  • Stunningly beautiful stone church is a true architectural gem steeped in the rich history of Peoria
  • The lower level offers functional amenities, including a large kitchen and pantry area, perfect for hosting events or gatherings
  • Lower level has its own walk-out exit, two separate staircase exits and an elevator, ensuring safety and accessibility

EXECUTIVE SUMMARY

Cash, Conventional or Commercial Conventional

PROPERTY FACTS

Price $289,000
Price Per SF $30.04
Sale Type Owner User
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Lodge Meeting Hall
  • Specialty Schools
  • Specialty Shelter
Building Class C
Lot Size 0.32 AC
Building Size 9,621 SF
No. Stories 2
Year Built 1897
Parking Ratio 0.52/1,000 SF
Zoning R4 - https://bit.ly/4471EVl - Link to Peoria Municode R4 - uses include church, school, park, daycare, senior housing,group care, bed and breakfast

AMENITIES

  • Air Conditioning
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-03-252-016
Land Assessment
$2,580 (2024)
Improvements Assessment
$29,700 (2024)
Total Assessment
$32,280 (2024)
  • Listing ID: 28897225

  • Date on Market: 6/30/2023

  • Last Updated:

  • Address: 1601 NE Madison Ave, Peoria, IL 61603

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