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Property Description
Opportunity is knocking at 533 S Washington St, Salem, IL 62881. This property is priced with investors in mind and is ready for a full renovation. Whether you're looking for your next fix-and-flip project or a long-term rental addition to your portfolio, this home offers strong potential at an attractive price point. The property will require a complete rehab and is being sold as-is. With the right vision and updates, this could be transformed into a solid income-producing asset or a beautifully restored residence. Conveniently located in Salem with easy access to local amenities, this is your chance to bring new life to a property with upside. Serious inquiries only - great opportunity for seasoned investors or ambitious renovators ready to take on their next project.
Full Property Details
Full Property Details for 533 S Washington St
General
- Sold For: $10,000
- Taxes: $195 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12578634
- Added to Site: 57 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Commuter Bus
Parking
- Total Spaces: 1
- Parking Features: Off Site
Location
- Area: Salem
- County: Marion
- Driving Directions: From U.S. Route 50 (Main East/West Highway Through Salem): Head toward downtown Salem on W Main St / US-50. Turn south onto S Washington St (if coming from the west side of town, this will be a left turn; from the east, it will be a right turn). Continue on S Washington St for several blocks. The property, 533 S Washington St, will be on your right-hand side.
School Information
- School District: 600
- Midd School District: 600
- Elementary School: Salem Community High School
- Middle School: Salem Community High School
- High School: Salem Community High School
- Private School: Salem Community High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
Utilities
- Water: Public
Structural Information
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Basement Desc.: Unfinished, Full
- Sq. Ft. Source: Not Reported
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 5285
Financial Considerations
- Tax Amount: $195
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 11000092200000
Listed by Ejc Real Estate Services
Sold by Non Member
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Schools
Schools serving 533 S Washington St
School Districts:Salem School District 111, Salem Community High School District 600
| Name | Grades | Distance |
|---|---|---|
Franklin Park Middle School 1325 Bobcat Cir, Salem, IL 62881 | 4-8 | 1.2 mi |
Hawthorn Elementary School 1300 Bobcat Cir, Salem, IL 62881 | K-3 | 1.3 mi |
Salem Community High School 1200 North Broadway, Salem, IL 62881 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 533 S Washington St
Date
Details
Price
Change
Source
4/14/2026
Sold
$10,000
—
MLS
3/17/2026
Price Reduced
$10,000
-9.09%
MLS
3/05/2026
Price Reduced
$11,000
-14.73%
MLS
2/26/2026
Listed
$12,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
533 S Washington Street, Salem, IL 62881 (MLS# 12578634) is a Single Family property that was sold at $10,000 on April 14, 2026. Want to learn more about 533 S Washington 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.
