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506 E Elm Street Salem, IL 62881 Residential - Single Family Active

  • 506 E Elm Street, Salem, IL 62881 Main Photo

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Description

Charming, move-in ready cottage on two parcels! Don't let the size fool you-this thoughtfully designed 2-bedroom, 1-bath home makes the most of every square foot while offering the perfect blend of comfort, character, and modern updates. Step inside to find a bright, freshly painted interior with beautiful new flooring throughout. The functional eat-in kitchen provides a cozy space for everyday meals, while the full unfinished basement offers abundant storage or room to expand in the future. Outside, you'll appreciate the spacious yard spanning two parcels, offering plenty of room for pets, gardening, entertaining, or simply enjoying the outdoors. The yard is partially fenced and features a charming pergola-covered patio-the perfect spot for morning coffee, relaxing evenings, or gathering with family and friends. A detached two-car garage provides excellent parking, storage, or workshop space. With new siding, new flooring, fresh paint, and nothing left to do but move in, this adorable cottage is ready for its next owner to make it home. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, you'll love the warmth, charm, and value this sweet property has to offer. Some listing photos have been virtually staged to illustrate the home's potential and inspire decorating ideas.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 655
Garage Size: 2
Built in 1938
Elementary School: Hawthorn School
High School: Salem Community High School
Middle School: Franklin Park Middle School

General Information

Bedrooms: 2
Bathrooms: 2
Sqft: 655
County: Marion
High School: Salem Community High School
Listed By:
MIDWEST FARM & LAND 618-532-1961
MRED MLS

Room Information

Bedroom 2: 11X8
Kitchen: 11X11
Living Room: 14X11
Primary Bedroom: 9X11
$94,900
Est. $693/mo
2beds
2baths
655sqft
2cars
Active
BEDS2 BATHS1 full 1 partial SQUARE FEET655 MLS#12690112
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 600

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Ruhl&Ruhl Realtors
563.441.1776

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506 E Elm Street, Salem, IL 62881.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $94,900$94,900$94,900
Down Payment $18,980$3,322$23,725
Monthly Mortgage Amount $461$566$586
Taxes $132$132$132
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$42$0
Monthly Estimated Total $693$840$818

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