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Approximately 1.5 Acres | 15 Lots | Salem, IL Oak Park Addition Excellent opportunity to own 1.5 acres consisting of 15 platted lots in a convenient Salem location. The property offers multiple buildable areas with utilities available at the road, making future development straightforward. Enjoy easy access while still benefiting from the established mature trees that provide natural beauty and privacy. All lots are being sold together, creating flexibility to build your new home, develop multiple residential builds, or establish a rental investment property. This parcel is well-suited for investors, builders, or buyers looking to create long-term income in an established area of Salem. Easy access location Established trees Utilities at the road approximately 1.5 acres | 15 lots (per gis) Ideal for new home construction or rental investment Parcels 1100014290, 1100014150, 1100014195, 1100014190, 1100014185

Highlights

  • Land
  • 1.5 Acre Lot
  • 324 days on Market

  • Basement
    None

  • Acres
    1.5
  • Utilities
    Natural Gas Available, Other

  • Area
    Salem
  • County
    Marion
  • City
    Salem
  • Zip Code
    62881
  • High School
    Salem Community High School
  • Middle School
    Franklin Park Middle School
  • Elementary School
    Hawthorn School

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Frequently Asked Questions

How do I schedule a tour of ?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to .

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about ?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $39,900. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Salem, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for ?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for at around $262. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy ?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Marion County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for ?

In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Salem's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on ?

We can handle that for you. Our preferred local agent specializes in lands in Salem and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

was listed on December 17, 2025, which means it's been on the market for 324 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

sits on a 1.5-acre lot, which is 65,340 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Hawthorn School
  • Middle: Franklin Park Middle School
  • High: Salem Community High School

Want to see how these schools compare? Check out our Marion County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for ?

The most recent public record shows annual property taxes for were approximately $549. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 06, 2026 at 10:04PM | Source: Midwest Real Estate Data (MRED) | MLS#: EB460802