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1111 Franklin St

Salem, IL 62881

4 bd 2 ba 1,194 sqft Built 1960 Lot 13,939 sqft single_family
Most recent sale
$125,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Listed $129,000 MLS #22032867
Aug 4, 2022 Sold $125,000 MLS #22032867
May 23, 2022 Listed $129,000 MLS #22032867
Mar 6, 2012 Sold $65,000 MLS #305064
Oct 3, 2011 Price changed $69,900 MLS #305064
Sep 9, 2011 Listed $76,900 MLS #305064

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $29,740 $7,060 $36,800 $1,723
2022 $25,260 $7,140 $32,400 $2,231
2021 $23,610 $6,670 $30,280 $2,153
2020 $23,430 $6,620 $30,050 $2,123
2019 $22,570 $6,380 $28,950 $2,073
2018 $22,570 $6,380 $28,950 $2,078
2017 $21,650 $6,250 $27,900 $2,004
2016 $20,420 $5,900 $26,320 $1,954
2015 $20,420 $5,900 $26,320 $1,853
2014 $20,420 $5,900 $26,320 $1,865
2013 $20,220 $5,840 $26,060 $1,841
2012 $20,020 $5,780 $25,800 $1,797
2011 $20,020 $5,780 $25,800 $384
2010 $20,480 $5,900 $26,380 $365
2009 $20,480 $5,900 $26,380 $372
2008 $19,820 $5,710 $25,530 $444
2007 $18,880 $5,440 $24,320 $536
2006 $18,150 $5,230 $23,380 $543

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,194 sqft
Lot size
13,939 sqft
ZIP code
62881
City
Salem
Street
Franklin St
Coordinates
38.63545, -88.95082

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1111 Franklin St last sell?
1111 Franklin St most recently sold on Aug 4, 2022 for $125,000.
What is the current tax assessment for 1111 Franklin St?
The most recent total assessment for 1111 Franklin St (year 2024) is $36,800 with $1,723 in property tax.
How does 1111 Franklin St's assessment compare to its last sale price?
The current assessment is 70.6% below the last sale price of $125,000.
When was 1111 Franklin St built?
1111 Franklin St was built in 1960.
How does 1111 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 1111 Franklin St?
1111 Franklin St is a 4 bed, 2 bath, 1,194 sqft, 13,939 sqft lot single_family.
Is 1111 Franklin St a flip candidate?
No — 1111 Franklin St does not appear in our flips dataset.
Is 1111 Franklin St a tax-appeal candidate?
No — 1111 Franklin St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.5%
Implied 1-yr
+33.9%
2026 Q2
$292.5K
2026 Q3
$292.5K
ZIP 62881 — Median Price History + Forecast

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