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$40,000

524 N Broadway Salem, IL 62281

4 beds
2 full
2,051 sqft
0.4 acres
$20 / sqft
House

Property details

About 524 N Broadway

Opportunity Awaits – Classic 1923 Two-Story with Timeless Charm This spacious 1923 two-story home is filled with potential and character at every turn. With 1,351 sq ft on the main level and 700 sq ft upstairs, there’s plenty of room to restore and reimagine. The upper level features three large bedrooms and a full bathroom, while the main level offers a fourth bedroom and another full bath—ideal for a flexible living arrangement. Beautiful original wood trim adds warmth and charm throughout the home, and hardwood floors are hidden beneath some of the carpet, just waiting to be uncovered and restored. An additional side room on the main level provides great potential for a home office, playroom, extra living space, or convenient storage. With a little TLC, this home could truly shine again. Whether you're an investor looking for your next flip or a buyer with a vision, this property offers the bones and character to create something special. Home is being sold as-is. All offers must be court approved. Please allow up to 90 days for close. Don’t miss this rare opportunity to breathe new life into a historic beauty!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,051 sqft
BasementYes
Lot size0.39 Acres
Year built1923
ParkingOther
MLS #EB458887
FireplaceWood Burning

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator
  • Basement: Yes
  • Fireplace: Wood Burning
  • Total Bedroom Count: 4
  • Parking: Other
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $40,000
  • Price/SqFt: $19
  • Directions: From the center of town turn north on Broadway. House is on the east side of Broadway
  • Year Built: 1923
  • Living Area: 2,051 SqFt
  • Lot Size: 0.39 Acres
  • MLS Number: EB458887
  • MLS Name: RMLSA
  • 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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

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 © 2025 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: 7/18/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

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

Nearby schools

6

Hawthorn Elementary School

Public District KG-3

0.8 mi

1300 Bobcat Cir

3

Sandoval Elementary School

Public District PK-6

9.3 mi

300 E Perry Ave

3

Jordan Elementary School

Public District 2-3

11.1 mi

311 Airport Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,087. Typical income of Salem, IL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

35%
<35k
55%
35k-100k
8%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
11%
Single, with Kids
29%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • College FootballCollege Football

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 524 N Broadway

The listing price of 524 N Broadway property is $40,000.

The property 524 N Broadway is a house located in Salem, Illinois, 62281.

Active Listing: 524 N Broadway is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 524 N Broadway are: Hawthorn Elementary School (GreatSchools Rating 6/10), Sandoval Elementary School (GreatSchools Rating 3/10), Jordan Elementary School (GreatSchools Rating 3/10), Franklin Park Middle School (GreatSchools Rating 8/10), Selmaville Elementary School (GreatSchools Rating 3/10), Odin Attendance Center K-8 (GreatSchools Rating 3/10), Salem Community High School (GreatSchools Rating 6/10), Odin Attendance Center 9-12 (GreatSchools Rating 2/10), Sandoval Sr High School (GreatSchools Rating 2/10).

The property at 524 N Broadway has 4 bedrooms and 2 bathrooms.

The property 524 N Broadway is 2,051 SqFt (source: MLS/tax record).

The year of construction for 524 N Broadway is 1923.

This home is located at 524 N Broadway in Salem, IL and zip code 62881. This 2,051 square foot home, which was built in 1923, sits on a 0.39 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $40,000.

While more than 4 listings in Salem, IL in June 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. In June 2025 in Salem, IL there were equal homes for sale than in May. In June 2025 median list price was $150,000 and the average listing age was 11 days.

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

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