501 N Marion Avenue Salem, IL $ 139,000
501 N Marion Avenue
$ 139,000
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501 N Marion Avenue

Salem, IL, 62881
$ 139,000
Bedrooms3 Baths1.0 Sq 1,189

Monthly Estimate*

$ 856

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Single Family Home for sale in Salem, IL

for $139,000 with 3 bedrooms and 1 full bath. This 1,189 square foot home was built in 1940.

Don't miss this incredible opportunity to own a property with so much potential! Step inside to be greeted by a warm and inviting atmosphere. The bright and airy living room provides plenty of space for gatherings! The large windows give beautiful natural light. Enjoy the spacious backyard and HUGE attached garage! While this home is move-in ready, a little bit of TLC can go a long way in making it truly yours! Call TODAY

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Single Family Active

Price

$ 139,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,398

Style

Ranch

Year Built

1940

Town/City

Salem

County/Region

Marion

MLS | Web ID

12671284

Features
General
Living Area 1189
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Closing
Appliances Microwave Range Dishwasher Refrigerator
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Block
Year Built 1940
Township Salem
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Marion
New Construction N
Property Type Residential Detached Single
Total Rooms 5
Full Baths 1
Status New
Directions Take Main street E until Shelby turn left take Shelby then turn left onto Olive street House is on right.
City Salem
High School District 111
MLS Area Salem
Tax Annual Amount 1398
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Crawl Space Full
Half Baths 0
Total Bedrooms 3
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 3
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Exterior
Parking Features Yes Attached Garage
Water Source Public
Total Parking 2
Lot Dimensions 160x102
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Equity Realty Group

Broker

jaymecmichel@gmail.com

Email

Affordability Calculator

$972
Per Month
88%
12%
0%
Monthly Principal & Interest
$856
Monthly Property Taxes
$117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566955 Elementary School
566932 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$139,000 Listed Price

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501 N Marion Avenue, Salem, IL, 62881 is a Single Family Home for sale at $139,000 with 1,189 sqft. 501 N Marion Avenue has 3 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 62881 which is in Salem, IL