4002 Nation Rd
Salem, IL 62881
3 bd 2 ba 1,483 sqft Built 1975 Lot 304,920 sqft single_family
Most recent sale
$220,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2024 | Price changed | $275,000 | RMLSAlliance |
| Aug 16, 2024 | Price changed | $285,000 | RMLSAlliance |
| Jul 22, 2024 | Price changed | $299,000 | RMLSAlliance |
| Jul 17, 2024 | Price changed | $315,000 | RMLSAlliance |
| Jul 8, 2024 | Price changed | $320,000 | RMLSAlliance |
| Jun 25, 2024 | Listed | $335,000 | RMLSAlliance |
| Sep 2, 2022 | Sold | $220,000 | Public Record |
| Aug 31, 2022 | Sold | $220,000 | MRED |
| Jul 1, 2022 | Listed | $219,000 | MLS #EB445181 |
| Apr 17, 2017 | Sold | $135,000 | MLS #410703 |
| Jan 9, 2017 | Listed | $146,000 | MLS #410703 |
| Jul 21, 2016 | Sold | $81,000 | MLS #323905 |
| Mar 28, 2014 | Sold | $39,333 | Public Record |
| Feb 20, 2014 | Sold | $81,000 | MLS #4300969 |
| Jan 27, 2014 | Listing removed | $79,900 | SWIllinois |
| Jan 27, 2014 | Listed | $79,900 | MLS #4300969 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $49,850 | $9,320 | $59,170 | $3,477 |
| 2022 | $42,350 | $2,344 | $44,694 | $3,006 |
| 2021 | $39,580 | $2,173 | $41,753 | $2,972 |
| 2020 | $39,280 | $2,124 | $41,404 | $2,970 |
| 2019 | $37,840 | $2,028 | $39,868 | $2,936 |
| 2018 | $37,840 | $2,005 | $39,845 | $2,971 |
| 2017 | $37,100 | $1,943 | $39,043 | $2,499 |
| 2016 | $35,490 | $1,820 | $37,310 | $2,439 |
| 2015 | $35,490 | $1,820 | $37,310 | $2,348 |
Property facts
Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,483 sqft
Lot size
304,920 sqft
ZIP code
62881
City
Salem
Street
Nation Rd
Coordinates
38.57192, -88.95895
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4002 Nation Rd last sell?
4002 Nation Rd most recently sold on Sep 2, 2022 for $220,000.
What is the current tax assessment for 4002 Nation Rd?
The most recent total assessment for 4002 Nation Rd (year 2024) is $59,170 with $3,477 in property tax.
How does 4002 Nation Rd's assessment compare to its last sale price?
The current assessment is 73.1% below the last sale price of $220,000.
When was 4002 Nation Rd built?
4002 Nation Rd was built in 1975.
How does 4002 Nation Rd compare to others on Nation Rd?
We track 8 other properties on Nation Rd. Browse the list under "Other properties on Nation Rd" to compare beds, baths, and sale history.
What are the property facts for 4002 Nation Rd?
4002 Nation Rd is a 3 bed, 2 bath, 1,483 sqft, 304,920 sqft lot single_family.
Is 4002 Nation Rd a flip candidate?
No — 4002 Nation Rd does not appear in our flips dataset.
Is 4002 Nation Rd a tax-appeal candidate?
No — 4002 Nation Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+8.5%
Implied 1-yr
+33.9%
2026 Q2
$292.5K
2026 Q3
$292.5K
ZIP 62881 — Median Price History + Forecast
Explore nearby
Other properties on Nation Rd