$40,000
UNDER CONTRACT

524 N Broadway Ave Salem, IL 62881

Estimated payment $251/month

Total Views 5,020
4 Beds
2 Baths
2,051 Sq Ft
$20 Price per Sq Ft

Highlights

  • Formal Dining Room
  • Wood Burning Fireplace
  • 5-minute walk to Salem Parks Department
  • Forced Air Heating and Cooling System

About This Home

Opportunity Awaits – Classic 1923 Two-Story with Timeless Charm This spacious 1923 two-story home is filled with potential and character at every turn. With 1,351 sq ft on the main level and 700 sq ft upstairs, there’s plenty of room to restore and reimagine. The upper level features three large bedrooms and a full bathroom, while the main level offers a fourth bedroom and another full bath—ideal for a flexible living arrangement. Beautiful original wood trim adds warmth and charm throughout the home, and hardwood floors are hidden beneath some of the carpet, just waiting to be uncovered and restored. An additional side room on the main level provides great potential for a home office, playroom, extra living space, or convenient storage. With a little TLC, this home could truly shine again. Whether you're an investor looking for your next flip or a buyer with a vision, this property offers the bones and character to create something special. Home is being sold as-is. All offers must be court approved. Please allow up to 90 days for close. Don’t miss this rare opportunity to breathe new life into a historic beauty!

Listing Agent

Cindy Quinn-Wood

QUINN REALTY AND PROPERTY MANAGEMENT GROUP License #471021459 Listed on: 07/17/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 57x125x103x95

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,051 Sq Ft Home
  • Wood Burning Fireplace
  • Window Treatments
  • Formal Dining Room
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hawthorn Elementary School
  • Franklin Middle School
  • Salem Community High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Carrie E Jones Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 11-00-015-085

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1923
  • Unit Levels: Two
  • New Construction: No
  • PricePerSqFt: 19.5
  • Special Features: UnderContract

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Living Area: 2051
  • Window Features: Window Treatments
  • TotalBasementSqFt: 830
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Extra Lot
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public, Public Sewer
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Hawthorn
  • High School: Salem Community High School
  • Middle Or Junior School: Franklin

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size: 57X125X103X95
  • Parcel #: 11-00-015-085

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2338.88
  • TaxExemptions: Homestead/Owner Occupied

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,339 $37,740 $7,340 $30,400
2023 $2,317 $35,270 $6,860 $28,410
2022 $2,204 $32,070 $6,240 $25,830
2021 $2,126 $29,970 $5,830 $24,140
2020 $2,096 $29,740 $5,780 $23,960
2019 $2,046 $28,650 $5,570 $23,080
2018 $2,036 $28,490 $5,570 $22,920
2017 $2,006 $27,930 $5,460 $22,470
2016 $1,957 $26,350 $5,150 $21,200
2015 $19 $26,350 $5,150 $21,200
2012 $18 $25,830 $5,050 $20,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $40,000 -- $20 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: EB458887

RMLS Alliance

APN: 1100015085