401 E  Main St, Salem, IL 62881
Property image
Property image
SOLD
NOV 20, 2025

401 E Main St
Salem, IL 62881

    $90,000

    Last Sold: Nov 20, 2025
    31% below list $130K
    Est. Refi. Payment $663/mo*

    $90,000

    Last Sold: Nov 20, 2025
    31% below list $130K
    Est. Refi. Payment $663/mo*
    (on 0.57 acres)

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.19
    Lot/Land
    $24,900
    12/30/25
    -
    -
    0.87
    Lot/Land
    $192,000
    02/19/26
    -
    -
    1.14
    Lot/Land
    $192,000
    02/19/26
    -
    -
    3.50
    Lot/Land
    $23,250
    03/02/26
    -
    -
    6.12
    Lot/Land
    $150,000
    09/29/25
    -
    -
    6.09
    Lot/Land
    $300,000
    04/24/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.06
    $75,500
    2
    1
    1,463
    Off Market
    0.06
    $217,500
    3
    2.5
    2,284
    Recently Sold
    0.09
    $141,400
    Studio
    -
    -
    Off Market
    0.10
    $139,900
    -
    -
    -
    For Sale
    0.13
    $23,000
    -
    -
    -
    For Sale
    0.13
    $67,200
    2
    1
    1,427
    Off Market
    0.15
    $71,200
    2
    1
    975
    Off Market
    0.13
    $116,600
    5
    3
    1,402
    Off Market
    0.17
    -
    -
    -
    -
    Off Market
    0.16
    -
    -
    -
    -
    Off Market
    0.20
    $84,000
    2
    1
    1,004
    Off Market

    Local Information

    • Map ViewExplore the area around 401 E Main St.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    0.57 acres

    About this House

    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.
    401 E Main St, Salem, IL 62881 is a lot/land. It last sold for $90,000 on Nov 20, 2025 (31% below the $130,000 asking price). It is currently off market. The Trulia Estimate rent is $760/month.
    Last check for updates: about 13 hours ago
    Listed by John Tanner, (618) 322-2629
    SOMER REAL ESTATE
    Bought with: Non-Member Agent RMLSA, DYNACONNECTIONS
    Source: MRED as distributed by MLS GRID, MLS#EB457076

    Home Details for 401 E Main St

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: Natural Gas Available
    View
    No View

    Exterior Features

    Parking & Garage
    No Attached GarageParking: Gravel
    Frontage
    Frontage Type: PavedNot on Waterfront

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 1100008656

    Price & Status

    Price
    List Price: $130,000
    Status Change & Dates
    Off Market Date: Mon Oct 27 2025

    Location

    Direction & Address
    City: SalemCommunity: Lester
    School Information
    Elementary School: SalemJr High / Middle School: SalemHigh School: Salem Community High School

    Lot Information

    Lot Area: 0.57 acres

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: EB457076

    Additional Information

    Source Internet Consumer CommentSource Internet Automated Valuation DisplaySource Internet Entire Listing DisplayMRD Listing On IDX Display: YesSource Internet Address Display

    Price and Tax history

    DateEventPrice
    Nov 20, 2025
    Source: MRED as distributed by MLS GRID #EB457076
    Sold
    $90,000
    Oct 27, 2025
    Source: RMLS Alliance as distributed by MLS GRID #EB457076
    Contingent
    $130,000
    Mar 11, 2025
    Source: RMLS Alliance as distributed by MLS GRID #EB457076
    Listed For Sale
    $130,000
    Oct 31, 2023
    Source: RMLS Alliance as distributed by MLS GRID #EB451138
    ListingRemoved
    $165,000
    Oct 29, 2023
    Source: RMLS Alliance as distributed by MLS GRID #EB451138
    Listed For Sale
    $165,000

    Market trends in Salem

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    41
    4
    MoM

    Around this home

    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Salem

    At least 33 Trulia users voted on each feature.
    • 95 % Say parking is easy

    • 92 % Say yards are well-kept

    • 86 % Say there's holiday spirit

    • 85 % Say car is needed

    • 85 % Say kids play outside

    • 83 % Say people would walk alone at night

    • 79 % Say it's dog friendly

    • 70 % Say it's quiet

    • 62 % Say there's wildlife

    • 56 % Say streets are well-lit

    • 52 % Say neighbors are friendly

    • 50 % Say there are sidewalks

    • 45 % Say they plan to stay for at least 5 years

    • 44 % Say it's walkable to grocery stores

    • 35 % Say it's walkable to restaurants

    • 34 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Denise Collier
      "It’s a quiet neighborhood no one bothers us. We can leave our kids bikes out in the yard and my husbands boat out in the yard and no one messes with it. "
    • Denise Collier
      "It’s quiet. No one bothers anyone. Can trust my neighbors. It’s close to the park and the schools. I can trust that my kids are safe and can walk to school without having to worry about them. I know they’re safe and they have neighbors to watch over them. "
    • Edaa16
      "Nothing really, neighbors don’t mess with me much. There’s plenty of trees for shade, and a lake to look at. But your not allowed to fish it, so I guess that’s unique. "

    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

    Frequently asked questions about 401 E Main St

    • What is the price history for 401 E Main St?
      401 E Main St in Salem, IL last sold for $90,000 in November 2025.
    • Is Salem a buyer's or seller's market?
      Salem is currently a balanced market, based on recent for-sale activity.
    • What do residents say about Salem?
      Residents describe Salem, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Salem, IL.
    • What are the closest schools to 401 E Main St?
      The closest schools to 401 E Main St in Salem, IL are Franklin Park Middle School (Pre-K/Elementary, rated 7/10), Hawthorn Elementary School (rated 6/10), Salem Community High School (rated 4/10).

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