503 E  Melbourne Ave, Peoria, IL 61603
Property image
Property image
AUCTION

$106,100

Trulia Estimate
as of Sep 4, 2026
  • 3 Beds
  • 1 Bath
  • 1,108 sqft

503 E Melbourne Ave, Peoria, IL 61603

East Bluff

Home Highlights

Single-Family Home
Built in 1930

Local Information

  • Map ViewExplore the area around 503 E Melbourne Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Buy this foreclosure property offered by Auction.com, which may sell below market value.
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Home Details for 503 E Melbourne Ave

Days on Market

Days on Market: 34 days on Trulia

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5227.2 sqft

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about East Bluff

At least 79 Trulia users voted on each feature.
  • 93 % Say yards are well-kept

  • 84 % Say there are sidewalks

  • 80 % Say car is needed

  • 75 % Say parking is easy

  • 65 % Say kids play outside

  • 58 % Say it's dog friendly

  • 56 % Say there's holiday spirit

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say neighbors are friendly

  • 45 % Say there's wildlife

  • 40 % Say people would walk alone at night

  • 39 % Say it's quiet

  • 37 % Say streets are well-lit

  • 34 % Say it's walkable to restaurants

  • 24 % Say it's walkable to grocery stores

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Don’t let your children out after dark. If you hear any yelling from anywhere I recommend you just stay inside and mind your business. "
  • Trulia User
    "its friendly and you get privacy around your neughborhood and can walk to the places yoy need to go without any problems"
  • Trulia User
    "Has a decent amount of families with children ages 5-14 years old. Most of the neighbour's are nice and keep to themselves. Watch out living to close to the side streets with 4-way intersections, about 70% of the traffic doesn't stop at the stop signs and a ton of the people who drive around this area speed."
  • Trulia User
    "Dogs are gated! Although walking your dog is always a pleasant you get to see and speak to neighbors. But please remember to clean-up behind your fur-baby!"
  • Zara B.
    "I don't see a lot of people walking their dogs on the sidewalks. But at Glen Oak Park there's a bunch of people walking their dogs. "
  • Bryantcool234
    "You’ll be able to walk and get no real negative attention. What you’ll dislike is how many other owner simply don’t clean up their dog’s waste. You’ll at time walk into parts and smell it for awhile."
  • Zara B.
    "It's really close to parks and restaurants. There's festivals going on at Glen Oak park all the time. "
  • Mahayliakheiona
    "I lived in East Bluff for 16 years and it is a pretty good area to have been. As long as you don't try to start any confrontations, you should be okay. Neighbors change frequently, so that is something to be wary of. Peoria as a whole, however, makes a person stagnant. Many of the people that live here work for a few main companies, one of which lays people off every few years. My suggestion is that unless you are absolutely sure your job is there to stay, or you have never left the P, don't move to Peoria. It will not help you grow as a person. It will make you stagnant, and make you grow content with never striving for more."
  • Diana C.
    "I have lived in my house over 11 years, nice neighborhood, neighbors,... and yes Neighborhood Watch is very active. "
  • Janelindsey67
    "It’s one of the higher-crime parts of town, but the people we’ve met have been friendly, for the most part."
  • Ebo3bun
    "I used to live here 4yrs ago. It's a decent area. Not too big of a city, not too many things to do, but its home for now."
  • Tls1995
    "I have lived in the 1800 block of Peoria Ave for 6 years. It is not a nice place to live and has gotten much worse over the last year. We have to call the police at least 3 and often more times a week. The neighborhood kids will steal anything and do. We have to pay for a catholic school because District 150 is awful. You can't let the kids or pets be outside without supervision. We would not still be here if we had any other choice. Even the local police officers will tell you to "just move". Cars think nothing of driving down the street at 45-50 miles per hour. There are numerous drug houses in our block which means people driving up and honking till the person they want comes out to see what they want. It's really a shame even the drug buyers are too scared to get out of their cars. We do have a wonderful neighborhood group in the area but I’m afraid we are losing this battle."

Market trends in East Bluff

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$69.83K
Sale-to-List Price
Price per sq ft
$56
Available listings
43
3
MoM

Home Value

Trulia Estimate
$106K
Since last month
Increased$2K (+1.6%)
Since last year
Increased$2K (+1.8%)
Since last sale
Increased$26K (+33%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +59% in the last 10 years
MonthEstimated value
2026
August 2026$106K
August 2026$106K
July 2026$105K
June 2026$106K
May 2026$108K
April 2026$103K
March 2026$101K
February 2026$102K
January 2026$97K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$70,650
3
1
1,172
Recently Sold
0.03
$46,700
2
1.5
866
Off Market
0.07
$51,300
2
1
798
Off Market
0.08
$89,500
2
1
1,224
Off Market
0.06
$60,600
2
1
944
Off Market
0.08
$35,900
1
1
816
For Sale
0.07
-
4
2
946
Off Market
0.07
$83,300
3
1
960
Off Market
0.06
$109,900
2
1.5
1,066
Off Market
0.09
$111,300
2
1.5
1,077
Off Market
0.10
$79,700
3
1.5
1,180
Off Market
0.06
$72,500
2
1
920
Recently Sold

Price and Tax history

YearProperty taxTax assessment
2024
$2,151
$71,340
Home facts updated by county records

LGBTQ Local Legal Protections

Auction.com Customer Service, Auction.com

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Frequently asked questions about 503 E Melbourne Ave

  • What is the estimated monthly payment for 503 E Melbourne Ave?
    Based on a $106,100 list price with 20% down at today's rates, the estimated monthly payment for 503 E Melbourne Ave in Peoria, IL is approximately $856 (about $561 principal & interest, $220 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 503 E Melbourne Ave compare to homes in Peoria?
    503 E Melbourne Ave in Peoria, IL is listed at $106,100, about 52% above the $69.83K median sale price in Peoria.
  • What do residents say about the East Bluff neighborhood?
    Residents describe the East Bluff neighborhood in Peoria, IL as well-kept, pedestrian-friendly, and easy to park in. See homes for sale in East Bluff, Peoria.
  • What are the closest schools to 503 E Melbourne Ave?
    The closest schools to 503 E Melbourne Ave in Peoria, IL are Hines Primary School (rated 5/10), Peoria High School (rated 1/10), Von Steuben Middle School (Elementary, rated 3/10).
  • How big is the lot at 503 E Melbourne Ave?
    The lot at 503 E Melbourne Ave in Peoria, IL is about 0.12 acres (5,227 sq ft).
503 E Melbourne Ave, Peoria, IL 61603 is a 3 bedroom, 1 bathroom, 1,108 sqft single-family home built in 1930. 503 E Melbourne Ave is located in East Bluff, Peoria. This property is currently available for sale and was listed by Auction.com 2 on Jul 31, 2026.