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740 N Broadway, Salem, IL, 62881

$89,000

Home List Price

$1,057*

Closing Credit

2 Bedrooms
1 Full Bath
1,102 SqFt
$81/SqFt
House
Schools Nearby

Location

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740 N Broadway, Salem$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access, On Street
Year Built1910
HeatingNatural Gas, Forced Air, Central
BasementYes
MLS #EB452602
StatusActive

About 740 N Broadway

Are you looking for a starter home? This is a perfect option! Very charming 2 bedroom home located on a corner lot. Hardwood floors throughout the home. All appliances stay.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1910
  • Living Area: 1,102 SqFt

Listing Office:

  • Office Name: QUINN REALTY AND PROPERTY MANAGEMENT GROUP
  • Listing Agent: CINDY QUINN

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Alley Access, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central

School Info

Assigned Schools Information:

  • Salem Community High School, Public District Grades 9-12
  • Franklin Park Middle School, Public District Grades 4-8

Other

Directions Information:

  • Directions: From Main Street turn North on Broadway, property is on the East side of Broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000
  • Price Per SqFt: $81/SqFt
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Housing Market Comparison

See how this home compares to others in Salem, IL.

Med. Sold Price

$129.3K

Med. Price/SqFt

$89

Avg. Days On Market

32

# of Sold Homes

12

740 N Broadway vs Salem

47 DAYS ON ROCKET

+15 Days

$89,000

-$40.3K Less

$81/SqFt

-$9 Less

KEY TAKEAWAY

This property is $40.3K less than the Median Sold Price and $9/SqFt less than other homes in Salem, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB452602

Listing Office:

  • Office Name: QUINN REALTY AND PROPERTY MANAGEMENT GROUP
  • Listing Agent: CINDY QUINN

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4507315
8
/10
  • Franklin Park Middle School

  • 1325 N Franklin St

  • 0.65 miles

  • Public District Grades 4-8

High School

school-card-donut-4507316
4
/10
  • Salem Community High School

  • 1200 N Broadway Ave

  • 0.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,087. The most common annual income of people living in Salem, IL is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 740 N Broadway

What is the listing price of this property?

The listing price of 740 N Broadway property is $89,000.

What type of property is this?

The property 740 N Broadway is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Active Listing: 740 N Broadway is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 740 N Broadway are:
Franklin Park Middle School: GreatSchools Rating 8/10
Salem Community High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 740 N Broadway has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 740 N Broadway is 1,102 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 N Broadway is 1910.

Rocket Homes›Illinois›Marion County›Salem›62881›740 N Broadway

This home is located at 740 N Broadway in Salem, IL and zip code 62881. This 1,102 square foot home was built in 1910. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $89,000.

Over 2 listings were sold over their listed price in April 2024 in Salem, IL. In the same period over 6 listings were sold below the listed price and 4 listings were sold for the listed price. Listings spent 32 days on the market in April 2024, and had a median list price of $129,350 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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