For Sale25d on marketHistoric · 126 yrs
3547 College Street Rd
Salem, IL, 62881 • 62881 • Marion County
$900,000
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
None
62881
Market activity
Demand and pricing signals for this listing
75 views
People checking out this listing
3 saves
Buyers have saved this home
25 days on market
Recently listed
About this home
Single Family · Built 1900 · Historic
Price listed is Starting Bid Only. Auction is a live auction held at the Patoka American Legion 04/01/2026 @ 7 p.m. Great opportunity to start or expand a farming operation this 120 acres is south of Salem, IL! The property is located directly off College Road, has A-Agriculture Zoning, and lies within the Marion County Zoning Jurisdiction. Farming rights are available for the 2026 planting season. Do not let this great opportunity pass you by! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.
Estimated monthly payment
Based on current rates
$5,601/month
Principal & Interest$4,401
Property Tax$900
Insurance$300
Down payment20% ($180,000)
3%50%
Est. 6.18% rate · 30yr fixed · $720,000 loan
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Key facts and listing details
TypeFarm
Year Built1900
ParkingNo Data
Days on Zillow25 Days
Property
Home typeSingle Family
Sub-typeFarm
Year built1900
Location & Tax
Neighborhood62881
Annual tax$2,395
Parcel1123000032
Listing insights
Market data and value estimates
StatusFor Sale
Days on market25
Est. rent$1,788/mo
Tax rate1.71%
On marketMar 21, 2026
PostedMar 21, 2026
MLS statusActive
MLS updatedMar 21, 2026
Tour days6
Views75
Favorites3
How are the schools in Salem?
2 schools rated nearby
Location
Salem, IL, 62881
Nearby homes
Neighborhood details
Local context around this listing
Salem, IL • Marion County
Nearby cities
AlmaCentraliaIukaJunction CityKellKinmundyOdinPatoka
Nearby zip codes
62881
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