Estimated payment $371/month
About This Lot
Exceptional Development Opportunity! Discover the perfect canvas for your business vision with this strategically positioned 6.05-acre commercial lot in the thriving community of Salem, Illinois. This prime parcel of land offers a unique blend of development flexibility making it an unbeatable opportunity for developers, and businesses looking to expand or relocate. Per discussion with the city of Salem/Zoning - residential use may be considered. Currently zoned B3 Highway Business District. Location: High Traffic, Hwy/Interstate Frontage
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,033
Utilities
- No Utilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,017 | $13,980 | $13,980 | $0 |
| 2023 | $1,033 | $13,070 | $13,070 | $0 |
| 2022 | $1,015 | $11,880 | $11,880 | $0 |
| 2021 | $999 | $11,100 | $11,100 | $0 |
| 2020 | $1,036 | $11,010 | $11,010 | $0 |
| 2019 | $1,027 | $10,610 | $10,610 | $0 |
| 2018 | $1,027 | $10,610 | $10,610 | $0 |
| 2017 | $1,016 | $10,400 | $10,400 | $0 |
| 2016 | $989 | $9,810 | $9,810 | $0 |
| 2015 | $10 | $9,810 | $9,810 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/29/2025 12/29/25 | For Sale | $55,000 | -8.2% | -- | |
| 10/14/2025 10/14/25 | Off Market | $59,900 | -- | -- | |
| 05/23/2025 05/23/25 | For Sale | $59,900 | +24.8% | -- | |
| 02/22/2024 02/22/24 | Sold | $48,000 | 0.0% | -- | View Prior Sale |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- | |
| 01/26/2024 01/26/24 | For Sale | $48,000 | +31.5% | -- | |
| 04/04/2014 04/04/14 | Sold | $36,500 | -26.9% | -- | View Prior Sale |
| 03/03/2014 03/03/14 | Pending | -- | -- | -- | |
| 07/24/2013 07/24/13 | For Sale | $49,900 | +36.7% | -- | |
| 04/12/2013 04/12/13 | Sold | $36,500 | -54.4% | -- | View Prior Sale |
| 03/13/2013 03/13/13 | Pending | -- | -- | -- | |
| 09/25/2009 09/25/09 | For Sale | $80,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $48,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $38,400 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: EB458125
APN: 1109300034
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