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1409 Rig St

Salem, IL 62881

3 bd 1 ba 1,326 sqft Built 1999 Lot 13,821 sqft single_family
Most recent sale
$103,500
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 24, 2025 Sold $135,000 MRED
May 19, 2022 Sold $103,500 Public Record
Apr 12, 2022 Listed $105,000 MLS #EB443973
May 27, 2021 Sold $89,000 Public Record
May 26, 2021 Sold $89,000 MRED
Apr 6, 2021 Listed $89,000 MLS #EB438899
Jul 21, 2016 Sold $59,500 MLS #256587
Nov 30, 2015 Sold $75,000 MLS #334213
Jun 15, 2015 Listed $89,500 MLS #334213
Jan 15, 2007 Sold $59,500 MRED
Jan 15, 2007 Listed $63,900 MLS #256587

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $28,280 $3,190 $31,470 $1,876
2022 $24,030 $2,710 $26,740 $1,753
2021 $22,460 $2,530 $24,990 $979
2020 $22,290 $2,510 $24,800 $975
2019 $21,470 $2,420 $23,890 $997
2018 $21,470 $2,420 $23,890 $999
2017 $21,050 $2,370 $23,420 $1,010
2016 $19,800 $2,240 $22,040 $1,023
2015 $19,800 $2,240 $22,040 $1,410
2014 $19,800 $2,240 $22,040 $1,419
2013 $19,040 $2,220 $21,260 $1,400
2012 $18,850 $2,200 $21,050 $1,365
2011 $18,850 $2,200 $21,050 $1,345
2010 $18,620 $2,240 $20,860 $1,262
2009 $18,620 $2,240 $20,860 $1,289
2008 $18,020 $2,170 $20,190 $1,360
2007 $17,160 $2,070 $19,230 $1,316
2006 $16,500 $1,990 $18,490 $1,264

Property facts

Year built
1999
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,326 sqft
Lot size
13,821 sqft
ZIP code
62881
City
Salem
Street
Rig St
Coordinates
38.63306, -88.96002

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
$621
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1409 Rig St last sell?
1409 Rig St most recently sold on May 19, 2022 for $103,500.
What is the current tax assessment for 1409 Rig St?
The most recent total assessment for 1409 Rig St (year 2024) is $31,470 with $1,876 in property tax.
How does 1409 Rig St's assessment compare to its last sale price?
The current assessment is 69.6% below the last sale price of $103,500.
When was 1409 Rig St built?
1409 Rig St was built in 1999.
How does 1409 Rig St compare to others on Rig St?
We track 1 other property on Rig St. Browse the list under "Other properties on Rig St" to compare beds, baths, and sale history.
What are the property facts for 1409 Rig St?
1409 Rig St is a 3 bed, 1 bath, 1,326 sqft, 13,821 sqft lot single_family.
Is 1409 Rig St a flip candidate?
No — 1409 Rig St does not appear in our flips dataset.
Is 1409 Rig St a tax-appeal candidate?
No — 1409 Rig 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

Explore nearby

Other properties on Rig St