416 E Elm St, Salem, IL 62881
Property image
Property image
PENDING
0.28 ACRES

$62,000

  • 2 Beds
  • 1 Bath
  • 1,008 sqft (on 0.28 acres)

416 E Elm St, Salem, IL 62881

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Home Highlights

Single-Family Home
Built in 1900
0.28 acre lot
$62/sqft

Local Information

  • Map ViewExplore the area around 416 E Elm St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Charming and affordable 2-bedroom, 1-bath home offering approximately 1,000 sq ft of comfortable living space. This well-maintained property features beautiful hardwood floors throughout and a welcoming front porch-perfect for relaxing and enjoying the neighborhood. Situated on a spacious double lot, the property is surrounded by mature shade trees, providing a peaceful setting and plenty of room for outdoor activities, gardening, or future expansion. The unfinished basement offers additional storage or potential for customization. Major updates have already been taken care of, including roof, windows, and plumbing-all upgraded within the last 10 years-giving added peace of mind to the next owner. A great opportunity for first-time buyers, downsizers, or investors looking for value and potential!
Last check for updates: about 11 hours ago
Listing courtesy of: Cindy Quinn, (618) 322-6911
QUINN REALTY AND PROPERTY MANAGEMENT GROUP
Source: MRED as distributed by MLS GRID, MLS#12650641
Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.

Home Details for 416 E Elm St

Active Status

MLS Status: Pending

Interior Features

Interior Details
Basement: Unfinished,Cellar,FullNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1008 Square Feet
Appliances & Utilities
Appliances: Range, Dishwasher, Range HoodDishwasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 1100010185

Price & Status

Price
List Price: $62,000Price Per Sqft: $62
Status Change & Dates
Off Market Date: Tue May 19 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Salem
School Information
Elementary School: Hawthorn SchoolElementary School District: 111Jr High / Middle School: Franklin Park Middle SchoolJr High / Middle School District: 111High School: Salem Community High SchoolHigh School District: 600

Agent Information

Listing Agent
Listing ID: 12650641

Building

Building Area
Building Area: 2016 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12650641

Additional Information

Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoMRD REMARKSINTERNET: YesSource Internet Address DisplayHide Price History DisplayHide Days On Site DisplayMRD Remarks On VOW Display: Yes

Around this home

View nearby schools on GreatSchools
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. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    8
    Flag

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
4MoM

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
501 N Shelby Ave, Salem, IL
0.37
Single-Family Home
$95,000
08/03/26
2
1
1,156
803 S Maple St, Salem, IL
0.41
Single-Family Home
$80,000
05/07/26
2
1
838
501 W McMackin St, Salem, IL
0.43
Single-Family Home
$8,000
05/13/26
2
1
1,292
621 E Oglesby St, Salem, IL
0.56
Single-Family Home
$82,000
12/01/25
2
1
865
511 N Shelby Ave, Salem, IL
0.39
Single-Family Home
$80,000
05/15/26
3
1
1,092
315 S Lackey St, Salem, IL
0.43
Single-Family Home
$42,000
12/23/25
3
1
977
416 S Maple St, Salem, IL
0.29
Single-Family Home
$112,500
04/21/26
3
1
1,259
900 S Rotan St, Salem, IL
0.30
Single-Family Home
$37,500
07/10/26
2
1
612
515 N Marion St, Salem, IL
0.39
Single-Family Home
$62,800
01/14/26
2
1
760
212 W Allmon St, Salem, IL
0.58
Single-Family Home
$83,000
08/17/26
2
1
1,485

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
S Hamilton St, Salem, IL 62881
0.05
-
-
-
-
Off Market
307 E Church St, Salem, IL 62881
0.07
$23,000
-
-
-
For Sale
307 E Elm St, Salem, IL 62881
0.07
$80,700
2
1
1,110
Off Market
308 S Jefferson St, Salem, IL 62881
0.08
$71,200
2
1
975
Off Market
303 E Church St, Salem, IL 62881
0.08
$67,100
2
1
1,427
Off Market
508 E Locust St, Salem, IL 62881
0.08
$70,800
2
1
1,159
Off Market
312 E Locust St, Salem, IL 62881
0.09
-
2
1
1,056
Off Market
516 E Locust St, Salem, IL 62881
0.10
$94,300
2
1
1,120
Off Market
427 E Main St, Salem, IL 62881
0.13
$75,300
2
1
1,463
Off Market
433 E Main St, Salem, IL 62881
0.13
$217,500
3
2.5
2,284
Recently Sold
511 S Hamilton St, Salem, IL 62881
0.13
$79,600
2
1
996
Off Market
527 S Rotan St, Salem, IL 62881
0.14
$95,000
3
1
1,134
Recently Sold

Price and Tax history

YearProperty taxTax assessment
2024
$903
$54,780
Home facts updated by county records

LGBTQ Local Legal Protections

Cindy Quinn, QUINN REALTY AND PROPERTY MANAGEMENT GROUP
Agent Phone: (618) 322-6911
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

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Frequently asked questions about 416 E Elm St

  • What is the estimated monthly payment for 416 E Elm St?
    Based on a $62,000 list price with 20% down at today's rates, the estimated monthly payment for 416 E Elm St in Salem, IL is approximately $492 (about $329 principal & interest, $88 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • 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 homes for sale in Salem, IL.
  • What are the closest schools to 416 E Elm St?
    The closest schools to 416 E Elm 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).
  • Does 416 E Elm St have air conditioning?
    Yes, 416 E Elm St in Salem, IL has air conditioning.
  • Does 416 E Elm St have laundry facilities?
    Yes, 416 E Elm St in Salem, IL has laundry facilities.
  • How big is the lot at 416 E Elm St?
    The lot at 416 E Elm St in Salem, IL is about 0.28 acres (12,321 sq ft).
416 E Elm St, Salem, IL 62881 is a 2 bedroom, 1 bathroom, 1,008 sqft single-family home built in 1900. This property is currently available for sale and was listed by MRED as distributed by MLS GRID. The MLS # for this home is MLS# 12650641.