$90,000
SOLD NOV 20, 2025

401 E Main St Salem, IL 62881

0 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

31% Below List Price

230 Days on Market

About This Lot

As of November 2025

Blank, commercial lot, downtown and located on a very heavily travelled highway. Perfect location for your business. Property is one block deep on a corner with access on three sides. The Illinois EPA Corrective Action Completion Report is attached. Property is zoned B 3. Zoning description is attached in documents.

Last Agent to Sell the Property

John Tanner

SOMER REAL ESTATE License #475146456 Listed on: 03/11/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,566

Lot Details

  • Lot Dimensions are 111.54 x 223.08
  • Property is zoned Comme

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Electricity To Lot Line

Community Details

  • Lester Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,566

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Subdivision Name: Lester
  • Legal Description: LOTS 1, 2, 6 & 7 BLK 2, LESTER Addition, City of Salem, Marion Co, Illinois
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: Paved

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Utilities: Electric to Site, Natural Gas Available

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Middle/Junior School: Salem

Lot Info

  • Lot Dimensions: 111.54 x 223.08
  • Zoning: Comme

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 1565.5
  • Tax Year: 2024
  • Tax Exemptions: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 Sold $90,000 -30.8% --
10/27/2025 10/27/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $130,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB457076

Midwest Real Estate Data (MRED)