Opportunity is knocking at 533 S Washington St, Salem, IL 62881. This property is priced with investors in mind and is ready for a full renovation. Whether you're looking for your next fix-and-flip project or a long-term rental addition to your portfolio, this home offers strong potential at an attractive price point. The property will require a complete rehab and is being sold as-is. With the right vision and updates, this could be transformed into a solid income-producing asset or a beautifully restored residence. Conveniently located in Salem with easy access to local amenities, this is your chance to bring new life to a property with upside. Serious inquiries only - great opportunity for seasoned investors or ambitious renovators ready to take on their next project.
Closed
$10,000
533 S Washington St, Salem, IL 62881
2beds
--sqft
Single Family Residence
Built in ----
5,227.2 Square Feet Lot
$10,200 Zestimate®
$--/sqft
$1,094 Estimated rent
Home value
$10,200
Estimated sales range
Not available
$1,094/mo
Zestimate® history
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$57/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Krystal Hudson 773-236-7844,
EJC REAL ESTATE SERVICES
Bought with:
Non Member
NON MEMBER
Source: MRED as distributed by MLS GRID,MLS#: 12578634
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Family room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Living room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Heating
- Floor Furnace
Cooling
- None
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: Off Site
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 5,227 sqft
Details
- Parcel number: 11000092200000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Sold | $10,000 |
Source:  MRED as distributed by MLS GRID #12578634 Report a problem | ||
| 3/26/2026 | Pending sale | $10,000 |
Source: MRED as distributed by MLS GRID #12578634 Report a problem | ||
| 3/17/2026 | Price change | $10,000-9.1% |
Source: MRED as distributed by MLS GRID #12578634 Report a problem | ||
| 3/5/2026 | Price change | $11,000-14.7% |
Source: MRED as distributed by MLS GRID #12578634 Report a problem | ||
| 2/26/2026 | Listed for sale | $12,900 |
Source: MRED as distributed by MLS GRID #12578634 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $195 -6.9% | $7,960 +7% |
| 2023 | $209 -6.4% | $7,440 +10.1% |
| 2022 | $223 -4.7% | $6,760 +7% |
| 2021 | $234 +0.5% | $6,320 +4.6% |
| 2020 | $233 -2.3% | $6,040 +0.8% |
| 2019 | $238 -0.2% | $5,990 |
| 2018 | $239 -1% | $5,990 +1.9% |
| 2017 | $242 -1.9% | $5,880 +5.9% |
| 2016 | $246 +10120.7% | $5,550 |
| 2015 | $2 +1.3% | $5,550 -2.8% |
| 2012 | $2 +0.8% | $5,710 |
| 2011 | $2 -98.9% | $5,710 -2.1% |
| 2010 | $224 -2% | $5,830 |
| 2009 | $229 | $5,830 |
Find assessor info on the county website
Neighborhood: 62881
Nearby schools
GreatSchools rating
- 7/10Franklin Park Middle SchoolGrades: PK,4-8Distance: 1.2 mi
- 4/10Salem Community High SchoolGrades: 9-12Distance: 1.1 mi
- 6/10Hawthorn Elementary SchoolGrades: K-3Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Salem Community High School
- Middle: Salem Community High School
- High: Salem Community High School
- District: 600
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.
- Illinois
- Marion County
- Salem
- 62881
- 533 S Washington St
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