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    1400 W Boone St Salem, IL 62881

    For Sale
    Contact for pricing

    Lots & Land - Salem, IL

    Lot size:
    0.80 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 1400 W Boone St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    11-00-022-543
    Exterior features
    Level
    Lot size
    0.80 Acres

    Building Details

    Architectural style
    Other

    Somer Real Estate (618) 548-5123 [email protected]

    Listing agent RHONDA MULVANY (618) 548-5123 License #471004349

    Listing date Oct 28, 2025

    MLS# EB460291 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Salem, Illinois

    This 0.8-acre residential lot is located on a good road in Salem, Illinois, within Marion County. Zoned for residential use, the property is suitable for single-family construction, allowing for traditional home designs with yard space and privacy. The location is in a quiet, established area and is close to local services and schools, specifically Salem Grade and High Schools. Utilities are available at the street, making the lot ready for a new home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.961917
    Latitude
    38.634354362

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot suitable for single-family construction in established Salem area.
    Where is this residential land & home lot located?
    The property is located at 1400 W Boone St Salem, IL.
    What is the asking price?
    The asking price for this property is $24,900.
    What are key features of this property?
    This property features: - Large 0.8 acre lot suitable for single-family construction.; - Utilities available at the street.; - Located in a quiet, established area.
    (618) 548-5123
    Request Owner's contact information
    1400 W Boone St Salem, IL 62881
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    Salem, IL 62881
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 W Boone St Salem, IL 62881
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