Salem IL Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
3,120
Status:
Active
MLS#:
EB452890
Type:
Cluster
Subdivision:
Mcelwain & Nichols
Year built:
1955
Courtesy: PROPERTY PEDDLER
View additional info

ADDITIONAL INFORMATION

Welcome to this impeccably maintained triplex located in downtown Salem, Illinois. This property includes updates throughout, including new windows, fresh paint, and updated flooring, ensuring a modern and inviting atmosphere for tenants. Perfect for investors seeking a turnkey opportunity, this triplex offers three separate units, each with its own unique charm and functionality. Enjoy the convenience of downtown living, with shops, restaurants, and entertainment options just steps away. With its recent updates and prime location, this triplex presents an excellent investment opportunity for those looking to expand their portfolio or generate passive income. Don't miss out on the chance to own this well-maintained triplex in the heart of Salem – a true gem in the rental market.

Beds:
n/a
Baths:
Sq.Ft.:
1,043
Status:
Active
MLS#:
EB451846
Type:
Cluster
Year built:
1900
Courtesy: SOMER REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Two exceptional living units updated with fresh paint and new carpeting. Range and Refrigerator provided for each unit. A very large living area with extra tall ceilings and new windows providing abundance of natural light. Each living unit also provides oversized spacious bedroom with walk in closets. A shared private staircase leads to each apartment on the second level of the building. This sale also includes a commercial space on the main level with over 700 sq. ft of retail space and a private and updated restroom. Huge newly replaced windows giving exceptional downtown overviews as tenants can enjoy living within short distance of downtown food markets, restaurants, close to city parks and community center also the downtown public theater. An abundance of historical charm from these multi-family living units.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Salem Real Estate

Salem is located in Illinois. Salem, Illinois has a population of 7,044. Salem is more family-centric than the surrounding county with 29.91% of the households containing married families with children. The county average for households married with children is 25.64%.

The median household income in Salem, Illinois is $41,122. The median household income for the surrounding county is $44,679 compared to the national median of $57,652. The median age of people living in Salem is 39.7 years.

Salem Weather

The average high temperature in July is 87.8 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 43.2 inches per year, with 10.8 inches of snow per year.

Salem Map

Salem Real Estate Market Conditions

  • Median sales price

    $135,000
    4.37%
    change since last quarter
  • # Active listings

    58
    30-day change

Salem Schools and Demographics

Education near Salem, IL

City County
High School Graduates 89.24 88.89
College Degree - 2 year 10.87 12.31
College Degree - 4 year 14.02 15.22
Graduate Degree 5.14 4.37
Expenditures per Student 8,244 12,413
Students per Teacher 17.7 13.4

Elementary Schools near Salem, IL

Grades Students P/T Ratio ZIP
Hawthorn Elementary School KG - 03 454 15.4 62881
IUKA Comm Cons School PK - 08 217 14.5 62849
KELL Grade School PK - 08 117 10.9 62853
ODIN Attendance Center K-8 PK - 08 222 13.4 62870
Sandoval Elementary School PK - 06 293 15.7 62882
Selmaville Elementary School KG - 08 223 13.9 62881

Middle Schools near Salem, IL

Grades Students P/T Ratio ZIP
Franklin Park Middle School 04 - 08 592 16.2 62881
Sandoval Junior High School 07 - 08 62 10.3 62882

High Schools near Salem, IL

Grades Students P/T Ratio ZIP
ODIN Attendance Center 9-12 09 - 12 73 7.3 62870
Salem Community High School 09 - 12 729 16.7 62881
Sandoval Senior High School 09 - 12 146 12.7 62882

Demographics near Salem, IL

City County
Neighborhood Type Small Town
Population 7,044 38,305
Population Density 1,014 67
Median Age 39.7 41.8
People per Household 2.3 2.4
Median Household Income 41,122 44,679
Average Income per Capita 22,275 24,112

Real estate near Salem