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Listing provided courtesy of QUINN REALTY AND PROPERTY MANAGEMENT GROUPMREDas Distributed by MLSGrid- MLS# 12634797MLS Provider

314 S Franklin StreetSalem, IL 62881

Single Family · 4 Beds · 1 Full Bath · 1 Half Bath · 1,904 Sq. ft.
$130,000 Active

314 S Franklin Street Overview

Time on Site:
60 days
Visits:
0

Charming and move-in ready 4-bedroom, 1.5-bath home with a functional layout and stylish updates throughout! This home features two bedrooms on the main level and two additional bedrooms upstairs, offering flexibility for families, guests, or a home office. Enjoy fresh paint and brand-new flooring throughout, creating a clean and modern feel. The kitchen has been updated with refreshed cabinets, and both bathrooms have been tastefully updated. The exterior has also been freshly painted, adding great curb appeal. Situated on a nice-sized yard, there's plenty of space for outdoor activities, gardening, or entertaining. Don't miss this well-maintained home that's ready for its next owner!

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314 S Franklin Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,904
  • Price/Sq.ft. $68

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 111
  • Elementary School: Hawthorn School
  • Middle Or Junior School: Franklin Park Middle School

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: Salem
  • Township: Salem

Tax Information

  • Tax Annual Amount: $797.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1100009620
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 1904
  • Disability Access: No
  • Total SqFt.: 1904
  • Upper SqFt.: 540

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Possible: 4

General Information

  • Appliances: Dishwasher
  • Basement: Crawl Space
  • Cooling: Central Air
  • Foundation Details: Block
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Living Area: 1904
  • Living Area Source: Assessor
  • Rooms Total: 7

Exterior

Parking Information

  • Parking Features: Gravel
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 55X125
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 13X12

Room: Dining Room

  • Level: Main
  • Dimensions: 15X15

Room: Kitchen

  • Level: Main
  • Dimensions: 11X14

Room: Living Room

  • Level: Main
  • Dimensions: 15X15

Room: Master Bedroom

  • Level: Main
  • Dimensions: 12X13

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

Room: Bedroom 3

  • Level: Second
  • Dimensions: 15X14

Room: Bedroom 4

  • Level: Second
  • Dimensions: 15X12

314 S Franklin Street Neighborhood

Community

62881 (Salem) Demographics

42
Median Age
106
Population Density (per sq. mile)
32%
College Educated
$53,239
Estimated Median Income
3,331
Estimated Total Home Owners
1,327
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

314 S Franklin Street Monthly Cost

$
$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

314 S Franklin Street Market Data

Based on the last 30 days in this zip code

$193,728
Average List Price
$117
Average Price per Square Foot
6
Properties Sold
70
Average Days on Market
38
Properties for Sale
Calculations provided by Reliance Network

314 S Franklin Street History

Date Event Value Agent
6/16/2026Source: MRED Status Change
Active
6/11/2026Source: MRED Price Reduction
$130,000 -7.1%
6/11/2026Source: MRED Status Change
Price Change
5/22/2026Source: MRED Status Change
Active
5/17/2026Source: MRED Price Reduction
$140,000 -6.7%
5/17/2026Source: MRED Status Change
Price Change
5/5/2026Source: MRED Status Change
Active
4/30/2026Source: MRED Added to Database
April 30, 2026