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Active
$94,900

506 E Elm St, Salem, IL 62881

2beds
655sqft
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Single Family Residence
Built in 1938
0.29 Acres Lot
$93,000 Zestimate®
$145/sqft
$-- HOA

What's special

Bright freshly painted interiorDetached two-car garageFresh paintCharming pergola-covered patioFunctional eat-in kitchenNew sidingBeautiful new flooring throughout
Charming, move-in ready cottage on two parcels! Don't let the size fool you-this thoughtfully designed 2-bedroom, 1-bath home makes the most of every square foot while offering the perfect blend of comfort, character, and modern updates. Step inside to find a bright, freshly painted interior with beautiful new flooring throughout. The functional eat-in kitchen provides a cozy space for everyday meals, while the full unfinished basement offers abundant storage or room to expand in the future. Outside, you'll appreciate the spacious yard spanning two parcels, offering plenty of room for pets, gardening, entertaining, or simply enjoying the outdoors. The yard is partially fenced and features a charming pergola-covered patio-the perfect spot for morning coffee, relaxing evenings, or gathering with family and friends. A detached two-car garage provides excellent parking, storage, or workshop space. With new siding, new flooring, fresh paint, and nothing left to do but move in, this adorable cottage is ready for its next owner to make it home. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, you'll love the warmth, charm, and value this sweet property has to offer. Some listing photos have been virtually staged to illustrate the home's potential and inspire decorating ideas.
17 days
|
671
|
41
|

Likely to sell faster than

Zillow last checked:

Listing updated:

Listed by:

SIRETHA HOWE 618-367-0535,

MIDWEST FARM & LAND

Source: MRED as distributed by MLS GRID,MLS#: 12690112MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 9X11
    Bedroom 2
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Kitchen
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Living room
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14X11
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Unfinished,Full
    Interior area
    • Total structure area: 1,310
    • Total interior livable area: 655 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 7
    • Parking features: Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    Lot
    • Size: 0.29 Acres
    • Dimensions: 112 x 112
    • Features: Corner Lot
    Details
    • Additional structures: Gazebo
    • Additional parcels included: 1100010130
    • Parcel number: 1100010135
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1938
    • Major remodel year: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $145/sqft
    • Tax assessed value: $19,440
    • Annual tax amount: $582
    • Date on market: 6/27/2026
    • Ownership: Fee Simple

      Estimated market value

      $93,000

      $88,000 - $98,000

      $998/mo

      Price history

      DateEventPrice
      6/27/2026Listed for sale$94,900+4645%$145/sqft
      Source: MRED as distributed by MLS GRID #12690112 Report a problem
      3/3/2015Sold$2,000-94.7%$3/sqft
      Source: Public Record Report a problem
      5/15/2007Sold$38,000$58/sqft
      Source: MRED as distributed by MLS GRID #EB254316 Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2024$478 -0.3%$6,480 +7.1%
      2023$479 +3%$6,050 +10%
      2022$465 +2%$5,500 +7%
      2021$456 +1.3%$5,140 +4.7%
      2020$450 +1.5%$4,910
      2019$444 -0.2%$4,910
      2018$445 +0.8%$4,910 +1.9%
      2017$441 -37.6%$4,820 -35%
      2016$707 +22862.3%$7,410
      2015$3 -52%$7,410 -43.4%
      2012$6 +1.6%$13,090
      2011$6 -99%$13,090 -2%
      2010$625 -2%$13,360
      2009$638 $13,360
      Find assessor info on the county website

      Monthly payment

      Est. payment

      Payment breakdown

      Explore the cost of this home by adjusting the details. Changes won't be saved.
      All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
      HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
      Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
      See how much you could borrow to make a competitive offer.

      Climate risks

      Neighborhood: 62881

      Getting around

      52 / 100
      Somewhat Walkable
      39 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Hawthorn School
      • Middle: Franklin Park Middle School
      • High: Salem Community High School
      • District: 111

      Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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