16 Salem Road
Springfield, IL 62702
3
Bed
1
Bath
1,022Sqft
Well-maintained 3-bedroom, 1-bath rental property featuring a solid, established tenant currently paying $1,100/month. This property offers immediate rental income and an opportunity for an investor to add a cash-flowing asset to their portfolio. Stable rental history and a dependable tenant make this an attractive investment with income in place from day one. Please do not disturb tenant, schedule showings with contingent offers.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1 -
Roofing Information
Shingle -
Interior Features
Eat-in Kitchen Roof: Shingle Appliances: Dishwasher, Microwave, Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas
-
Building Information
Year Built: 1970 Building Area Total: 1022 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly
-
Lot Information
Lot Dimensions: 50x120 Lot Description: LevelProperty Information
Subdivision: Springfield Source Property Type: Residential MLS Area Minor: Springfield Property SubType: Single Family Residence Property Age: 56
-
Listing Price Information
Listing Price: $85000
-
Tax Information
Parcel Number: 14-20.0-480-008 Tax Year: 2025 Annual Tax: $2204.74 Tax Legal Desc: L 49 LINCOLN ACRES SUB
-
Parking Information
Detached, Parking PadGarage Information
Has Garage: Yes Garage Space: 1.5Homeowners Association InformationHas Association: Yes
-
School Information
Elementary School:Junior High School:Senior High School: Springfield District #186 -
Location Information
Direction: traveling east on north grand turn left onto Salem rd home is located on the right WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2068 S 05th Street, Springfield, IL, 62702 | $150,000 | 3 | 3 | 1,549 | -- |
| 5 Melody Lane, Springfield, IL, 62702 | $79,000 | 2 | 1 | 762 | -- |
| 1624 N 28th Street, Springfield, IL, 62702 | $93,900 | 2 | 1 | 704 | -- |
| 5 Saint Cabrini Court, Springfield, IL, 62702 | $125,000 | 2 | 2 | 1,286 | -- |
| 3012 E Enos Avenue, Springfield, IL, 62702 | $91,500 | 2 | 1 | 764 | -- |
| 1124 N Daniel Avenue, Springfield, IL, 62702 | $79,900 | 2 | 1 | 745 | -- |
| 3915 N Dirksen Parkway, Springfield, IL, 62702 | $250,000 | -- | -- | -- | 1.58 Acres |
| 905 N Wesley Street, Springfield, IL, 62702 | $42,000 | 2 | 1 | 700 | -- |
| 2413 E North Grand Avenue, Springfield, IL, 62702 | $154,900 | 4 | 2 | 1,664 | -- |
| 2334 Ramsey Avenue, Springfield, IL, 62702 | $129,000 | 3 | 1 | 865 | 0.14 Acre |
Similar Homes To 16 Salem Road
Nearby For Sale
Based on information submitted to the MLS GRID as of 09/04/2026 @ 07:51. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
ByOwner last updated this listing 09/04/2026 @ 07:51
More Cities with for Sale by Owner Homes
- Springfield Homes For Sale By Owner
- Rochester Homes For Sale By Owner
- Sherman Homes For Sale By Owner
- Riverton Homes For Sale By Owner
- Chatham Homes For Sale By Owner
- Cantrall Homes For Sale By Owner
- Athens Homes For Sale By Owner
- Williamsville Homes For Sale By Owner
- New Berlin Homes For Sale By Owner
- Pawnee Homes For Sale By Owner
- Pleasant Plains Homes For Sale By Owner
- Auburn Homes For Sale By Owner
- Elkhart Homes For Sale By Owner
- Petersburg Homes For Sale By Owner
- Kincaid Homes For Sale By Owner
- Ashland Homes For Sale By Owner
- Virden Homes For Sale By Owner
- Taylorville Homes For Sale By Owner
- Girard Homes For Sale By Owner
- Oakford Homes For Sale By Owner
Homes around $85,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.