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416 E Elm Street Salem, IL 62881 Residential - Single Family New

New - 1 Hour Ago
  • 416 E Elm Street , Salem, IL 62881 Main Photo

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Description

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!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,008
Built in 1900
Elementary School: Hawthorn School
High School: Salem Community High School
Middle School: Franklin Park Middle School

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 1,008
County: Marion
High School: Salem Community High School
Listed By:
QUINN REALTY AND PROPERTY MANAGEMENT GROUP 618-548-5397
MRED MLS

Room Information

Bedroom 2: 11X11
Dining Room: 14X10
Kitchen: 10X12
Living Room: 14X12
Primary Bedroom: 11X11
$62,000
Est. $483/mo
2beds
1baths
1,008sqft
New to the Market New
BEDS2 BATHS1 full SQUARE FEET1,008 MLS#12650641
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 600

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416 E Elm Street , Salem, IL 62881.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $62,000$62,000$62,000
Down Payment $12,400$2,170$15,500
Monthly Mortgage Amount $297$365$383
Taxes $86$86$86
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$27$0
Monthly Estimated Total $483$578$569

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