$175,000

274 Oak Tree Ave Salem, IL 62881

Estimated payment $1,163/month

2 Beds
1 Bath
1,393 Sq Ft
$126 Price per Sq Ft

Highlights

  • Airport or Runway
  • Property is near park
  • Community Pool
  • Second Garage
  • Ranch Style House
  • First Floor Utility Room

About This Home

Move right into this beautifully updated home located in one of Salem's most desirable neighborhoods. Offering over 1,300 square feet of living space, this 2-bedroom, 1-bath home has been updated from top to bottom. Nearly everything has already been done for you, including new flooring, subfloor, floor joists, drywall, PEX plumbing, and a completely updated bathroom. The spacious living room features a cozy gas log fireplace, creating the perfect place to relax. Major improvements provide peace of mind, including Helitech water channeling with a transferable lifetime warranty, two sump pumps, a vapor barrier, a 2012 HVAC system, and a 2012 water heater. The washer and dryer are included, and the kitchen appliances will also stay with the home (currently stored in the garage). Outside, you'll appreciate the attached garage plus an impressive 28' x 21' detached garage with its own paved driveway-perfect for additional parking, storage, hobbies, or a workshop. If you're looking for a move-in ready home with quality updates, plenty of garage space, and a fantastic location, this home is a must-see. Call Melissa, Jerrad or your favorite agent to schedule a private showing today.

Listing Agent

Melissa Jarrell

Equity Realty Group License #475204551 Listed on: 07/01/2026

Co-Listing Agent

Jerrad Scarbrough

Equity Realty Group License #475216123

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1962

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 175x100
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Second Garage
  • Parking Available
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,393 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • First Floor Utility Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Patio
  • Outdoor Grill

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Airport or Runway

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,687

Year Built

Built in 1962

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • HabitableResidenceYN: Yes
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Exterior Entry, Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1393
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Utility Room-1st Floor
  • Estimated Total Finished Sq Ft: 1393
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1393
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Frame
  • ExteriorFeatures: Outdoor Grill
  • Foundation Details: Block
  • Lot Features: Level
  • OtherStructures: Second Garage
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Garage, Yes, Garage Owned, Attached, Detached, Driveway, Owned
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Airport/Runway, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.4
  • Lot Dimensions: 175x100
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 29
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2687
  • Tax Year: 2025
  • Tax Exemptions: Homeowner

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,515 $40,130 $8,400 $31,730
2023 $2,494 $37,500 $7,850 $29,650
2022 $2,375 $34,090 $7,140 $26,950
2021 $2,294 $31,860 $6,670 $25,190
2020 $2,262 $31,620 $6,620 $25,000
2019 $2,210 $30,460 $6,380 $24,080
2018 $2,112 $29,320 $6,380 $22,940
2017 $2,080 $28,740 $6,250 $22,490
2016 $2,030 $27,120 $5,900 $21,220
2015 $19 $27,120 $5,900 $21,220
2012 $19 $26,580 $5,780 $20,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2026 07/01/26 For Sale $175,000 -- $126 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $83,500 None Available
Warranty Deed $36,500 None Available
Warranty Deed $36,000 None Available
Trustee Deed $2,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $84,808 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $64,500 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12693673

Midwest Real Estate Data (MRED)

APN: 1100020630

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