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5568 Lois Lane Salem, IL 62881 Residential - Single Family Pending

Pending
  • 5568 Lois Lane, Salem, IL 62881 Main Photo

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Description

6.87 ACRESS! The property's powerful feature is the massive 80x36 foot metal pole barn. This structure is built for work, with concrete floors and immense storage capacity for equipment, vehicles, and tools. Heavy-duty overhead gantry crane and hoist system for incredible lifting power and versatility for restorations, automotive work, or handling heavy machinery. 12' sliding door. The 1919 farmhouse retains its charming exterior. The interior, while requiring renovation shown by the current photos, it does have some upgrades such as replacement vinyl windows, walk-in tub and tankless water heater. With some imagination and hard work, this classic structure can be revealed and transformed into a beautiful home. The property consists of grassy rolling fields, mature trees, and small pond. The acreage creates possibilities for expanding gardens, raising animals, building additional outbuildings, or simply enjoying the privacy and space of your own country estate. If you are seeking a blend of significant functional workspace, expansive land, and the opportunity to restore a historic farmhouse to its original splendor, this property offers the perfect foundation. Bring your tools, your vision, and explore the incredible possibilities that await. This is an Estate Sale, AS IS - AS Shown. Cash/Conventional. Heirs have never resided on premises. SELLERS WILL REVIEW OFFERS AT 5 PM +/- on 4/9/2026.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,260
Lot Size: 6.87 acres
Built in 1919
Elementary School: Salem Community High School
High School: Salem Community High School

General Information

Bedrooms: 3
Bathrooms: 1
Sqft: 1,260
County: Marion
High School: Salem Community High School
Listed By:
SOMER REAL ESTATE 618-548-5123
MRED MLS

Room Information

Bedroom 2: 10X18
Bedroom 3: 13X8
Dining Room: 11X11
Kitchen: 14X11
Living Room: 13X13
Primary Bedroom: 13X8
$127,500
Est. $872/mo
3beds
1baths
1,260sqft
Pending
BEDS3 BATHS1 full SQUARE FEET1,260 MLS#12611393
STATUSPending PROPERTY TYPEResidential - Single Family SCHOOLDistrict 600

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5568 Lois Lane, Salem, IL 62881.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $127,500$127,500$127,500
Down Payment $25,500$4,463$31,875
Monthly Mortgage Amount $595$751$775
Taxes $177$177$177
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$56$0
Monthly Estimated Total $872$1,084$1,052

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