Knives Out Management LLC acquires 1501 N.E. Madison Ave., Peoria, appraised at $34,000

The home at 1501 N.E. Madison Ave., Peoria, Peoria County, was sold on June 5 by Consolidated Properties Series LM LLC for $34,000.

Knives Out Management LLC was listed as the buyer.

Property taxes on the home totaled $1,209 in 2024, or 3.6% of the sale price.

This property is one of 223 sales in Peoria, Peoria County, between May 5 and June 5.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.