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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.
| DAYS ON MARKET | 21 | LAST UPDATED | 3/17/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Salem |
| COUNTY | Marion | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Salem Community High School |
|---|---|
| Elementary School | Salem Community High School |
| Jr. High School | Salem Community High School |
| High School | Salem Community High School |
| PRICE HISTORY | |
| Prior to Mar 5, '26 | $12,900 |
|---|---|
| Mar 5, '26 - Mar 17, '26 | $11,000 |
| Mar 17, '26 - Today | $10,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Salem |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Floor Furnace |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 5285 |
| PARKING | Off Site |
| SEWER | Public Sewer |
| TAXES | 195 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with EJC REAL ESTATE SERVICES
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.