Skip main navigation
For sale
  • $122,000

    506 N Broadway Ave, Salem, IL 62881

    5beds
    3,022sqft
    : 
    Single Family Residence, Residential
    Built in 1900
    7,500 Square Feet Lot
    $122,700 Zestimate®
    $40/sqft
    $-- HOA

    What's special

    Spacious single-family homeFully functional upstairs apartment
    Investor’s Opportunity – Income-Producing Property with Endless Potential! This unique property has been partially converted into a duplex, with the upstairs unit currently rented for $1,050/month. The lower level has been walled off and partially gutted, providing a blank canvas for your vision. Whether you're looking for an income-generating investment or a chance to restore and customize your dream home, this one has potential written all over it. TOTAL home sq footage is aprox 3022 Sq ft. Live in the fully functional upstairs apartment while you complete the renovation downstairs—or transform it back into a spacious single-family home. Home is being sold as is. Don’t miss this value-packed opportunity with built-in income and plenty of upside!
    18 days
    on Zillow
    |
    374
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 01:01pm

    Listed by:

    SIRETHA A HOWE Pref:618-367-0535,

    Midwest Farm & Land Co. LLC

    Source: RMLS Alliance,MLS#: EB458995MLS LogoOriginating MLS: Egyptian Board of REALTORS

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 506 N Broadway Ave.

    Next available tour time:Today at 4pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: Upper
    • Dimensions: 10ft 1in x 12ft 2in
    Bedroom 2
    • Level: Upper
    • Dimensions: 12ft 2in x 11ft 1in
    Bedroom 3
    • Level: Upper
    • Dimensions: 13ft 6in x 11ft 4in
    Bedroom 4
    • Level: Main
    • Dimensions: 15ft 5in x 11ft 1in
    Bedroom 5
    • Level: Main
    • Dimensions: 15ft 5in x 12ft 2in
    Kitchen
    • Level: Upper
    • Dimensions: 13ft 6in x 7ft 1in
    Laundry
    • Level: Upper
    • Dimensions: 8ft 2in x 4ft 2in
    Living room
    • Level: Upper
    • Dimensions: 13ft 6in x 13ft 2in
    Main level
    • Area: 1511
    Upper level
    • Area: 1511
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Zoned
    Features
    • Basement: Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,022
    • Total interior livable area: 3,022 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Gravel
    • Garage spaces: 1
    • Details: Number Of Garage Remotes: 0
    Features
    • Levels: Two
    Lot
    • Size: 7,500 Square Feet
    • Dimensions: 60 x 125
    • Features: Level
    Details
    • Parcel number: 1100015070

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Carrie E Jones
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $40/sqft
    • Tax assessed value: $97,080
    • Annual tax amount: $2,109
    • Date on market: 7/24/2025
    • Loading
    • Loading