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$15,000 -$5,000 (-25%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,375 Sq. Ft.
  • Updated 2 days ago
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Investor special on a corner lot in Salem, IL, this 3-bedroom, 2 bath home of roughly 1,365-1,375 square feet is a full rehab project being sold strictly as-is, ideal for an experienced buyer seeking a true value-add flip. With interior and exterior updates needed throughout-but utilities and layout offering a solid starting point-this property gives investors room to redesign, modernize, and capture after-repair value in a budget-friendly area once renovations are complete.

Full Property Details for 419 S Pearl St

General

  • Price: $15,000
  • Taxes: $201 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12530495
  • Updated: 1/14/2026
  • Added to Site: 39 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Total Spaces: 10

Location

  • Area: Salem
  • County: Marion
  • Township: Salem
  • Driving Directions: Take highway to roads leading to property

School Information

  • School District: 2
  • Elem School District: 2
  • Midd School District: 2
  • High School District: 2

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement Desc.: None
  • Square Feet: 1,375
  • Sq. Ft. Source: Landlord/Tenant/Seller
  • Built Before 1978: Yes

Lot Features

  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 50 x 175

Financial Considerations

  • Parking Included: Yes
  • Tax Amount: $201
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 11000109900000

Listed by Intellectual Real Estate Services and Investments

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— 419 S Pearl St —

  • Intellectual Real Estate Services and Investments

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 419 S Pearl St

School Districts:Salem School District 111, Salem Community High School District 600
NameGradesDistance
Hawthorn Elementary School
1300 Bobcat Cir, Salem, IL 62881
K-31.1 mi
Franklin Park Middle School
1325 Bobcat Cir, Salem, IL 62881
4-81.1 mi
Salem Community High School
1200 North Broadway, Salem, IL 62881
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 419 S Pearl St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$15,000
-25%
MLS
12/09/2025
Listed
$20,000
150%
MLS
11/14/2022
Sold
$8,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 419 S Pearl St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$201
-7%
$3,180
7%
2023
$216
-61%
$2,970
-55%
2022
$560
131%
$6,620
7%
2021
$242
—
$6,180
2%
2021
$242
—
$6,060
4%
2020
$241
-2%
$5,830
—
2019
$246
—
$5,830
2%
2018
$247
-52%
$5,720
6%
2016
$515
10200%
$5,390
—
2015
$5
—
$5,390
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Intellectual Real Estate Services and Investments

419 S Pearl Street, Salem, IL 62881 (MLS# 12530495) is a Single Family property with 3 bedrooms and 2 full bathrooms. 419 S Pearl Street is currently listed for $15,000 and was received on December 09, 2025. Want to learn more about 419 S Pearl Street? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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