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5751 Route 37 Hwy

Salem, IL 62881

3 bd 2 ba 1,110 sqft Built 1976 Lot 43,560 sqft single_family
Most recent sale
$127,500
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2023 Sold $129,900 MRED
May 17, 2022 Sold $127,500 Public Record
May 13, 2022 Sold $127,500 MRED
Mar 19, 2022 Listed $119,000 MLS #EB443556

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $23,660 $3,500 $27,160 $1,501
2021 $22,110 $3,270 $25,380 $1,444
2020 $21,450 $3,180 $24,630 $1,391
2019 $20,660 $3,060 $23,720 $1,354
2018 $20,660 $3,080 $23,740 $1,375
2017 $20,250 $3,020 $23,270 $1,366
2016 $19,470 $2,900 $22,370 $1,366
2015 $19,470 $2,900 $22,370 $1,285
2014 $19,470 $2,900 $22,370 $1,786
2013 $27,550 $2,060 $29,610 $2,383
2012 $27,280 $2,040 $29,320 $2,336
2011 $27,280 $2,040 $29,320 $2,304
2010 $27,840 $2,080 $29,920 $2,219
2009 $27,840 $2,080 $29,920 $2,255
2008 $26,940 $2,010 $28,950 $2,332
2007 $25,660 $1,910 $27,570 $1,821
2006 $25,660 $1,910 $27,570 $1,830

Property facts

Year built
1976
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,110 sqft
Lot size
43,560 sqft
ZIP code
62881
City
Salem
Street
Route 37 Hwy
Coordinates
38.68468, -88.94074

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$765
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5751 Route 37 Hwy last sell?
5751 Route 37 Hwy most recently sold on May 17, 2022 for $127,500.
What is the current tax assessment for 5751 Route 37 Hwy?
The most recent total assessment for 5751 Route 37 Hwy (year 2022) is $27,160 with $1,501 in property tax.
How does 5751 Route 37 Hwy's assessment compare to its last sale price?
The current assessment is 78.7% below the last sale price of $127,500.
When was 5751 Route 37 Hwy built?
5751 Route 37 Hwy was built in 1976.
How does 5751 Route 37 Hwy compare to others on Route 37 Hwy?
We track 1 other property on Route 37 Hwy. Browse the list under "Other properties on Route 37 Hwy" to compare beds, baths, and sale history.
What are the property facts for 5751 Route 37 Hwy?
5751 Route 37 Hwy is a 3 bed, 2 bath, 1,110 sqft, 43,560 sqft lot single_family.
Is 5751 Route 37 Hwy a flip candidate?
No — 5751 Route 37 Hwy does not appear in our flips dataset.
Is 5751 Route 37 Hwy a tax-appeal candidate?
No — 5751 Route 37 Hwy 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 Route 37 Hwy