$275,000

502 8th Ave Colona, IL 61241

$3,266
Closing credit¹
3 beds
1 full, 1 partial
1,500 sqft
0.4 acres
$183 / sqft
House

Property details

About 502 8th Ave

Recently rehabbed 3 bedroom ranch on large lot with a 2 car attached garage and a 3 car detached garage. Recent improvements include roof repair and new shingles on the shed and detached garage, new furnace, kitchen cabinets, granite counter tops, floor coverings, light fixtures, bath updates and much more.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air, Central
StatusActive
Size1,500 sqft
BasementYes
Lot size0.41 Acres
Year built1967
ParkingDetached
MLS #QC4261474
Garage5 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Range
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 5 spaces
  • Attached Garage: No
  • Parking: Detached
  • Exterior: Deck, Porch
  • Architectural Style: Ranch
  • Heating: Natural Gas, Forced Air, Central
  • List Price: $275,000
  • Price/SqFt: $183
  • Annual Tax Amount: $4,777
  • Tax Year: 2023
  • Lot: Corner Lot, Level
  • Directions: Rte 84, west on 8th ave to house
  • Year Built: 1967
  • Living Area: 1,500 SqFt
  • Lot Size: 0.41 Acres
  • MLS Number: QC4261474
  • MLS Name: RMLSA
  • Office Name: Ruhl&Ruhl REALTORS Moline
  • Listing Agent: Gary Williams

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:50:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home with a wooden deck, concrete driveway, and a front lawn

$275,000

502 8th Ave

$3,266

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 14, 2006
Home Sold
$155,000

Tax history

YearAssessmentProperty Tax
2023$58,048$4,777
2022$52,771$4,777
2021$53,441$4,777
2020$50,743$4,046
2019$51,118$4,055
2018$50,814$3,983
2017$51,327$3,955

History based on county public records data.

Nearby schools

6

Bowlesburg Elementary School

Public District KG-4

2.8 mi

2221 10th St

3

George O Barr School

Public District PK-5

3.5 mi

1305 5th Ave

5

Ridgewood Elementary School

Public District KG-4

4.5 mi

814 30th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,558. Typical income of Colona, IL residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

32%
<35k
56%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

35%
Single, No Kids
14%
Single, with Kids
32%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • MotocrossMotocross
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • JeepJeep
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 8th Ave

The listing price of 502 8th Ave property is $275,000.

The property 502 8th Ave is a house located in Colona, Illinois, 61241.

Active Listing: 502 8th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 502 8th Ave are: Bowlesburg Elementary School (GreatSchools Rating 6/10), George O Barr School (GreatSchools Rating 3/10), Ridgewood Elementary School (GreatSchools Rating 5/10), Colona Grade School (GreatSchools Rating 3/10), Eagle Ridge School (GreatSchools Rating 2/10), Northeast Jr High School (GreatSchools Rating 5/10), United Township High School (GreatSchools Rating 4/10), Moline High School (GreatSchools Rating 4/10), Pleasant Valley High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $4,777 (source: MLS/based on county public records data).

The last sale was on November 14, 2006 for $155,000 (source: MLS/tax record).

The property at 502 8th Ave has 3 bedrooms and 1 full and 1 half bathrooms.

The property 502 8th Ave is 1,500 SqFt (source: MLS/tax record).

The year of construction for 502 8th Ave is 1967.

This home is located at 502 8th Ave in Colona, IL and zip code 61241 in the Ryan Gardens neighborhood. This 1,500 square foot home, which was built in 1967, sits on a 0.41 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $275,000.

While more than 1 listings in Colona, IL in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Colona, IL between March and April 2025 increased by 13%. While the average time on the market in April 2025 was 4 days, the median list price was $187,750.

From Rocket Homes Real Estate and based on county public records data.

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