Back to Search Results

3048 Selmaville Road, Salem, IL, 62881

Price listed is Starting Bid Only. Bidding starts closing 9/16/2026 @ 6 p.m. Opportunity awaits for any real estate investor or savvy flipper with this potential-filled 2BR/1BA estate home featuring a 37’ x 30’ detached garage/workshop on a mostly wooded 1.0+/- acre lot in Selmaville, IL! The main level offers an eat-in kitchen with sliding glass doors providing access to a side deck, an oversized primary bedroom with ample closet space, and a conveniently located full bathroom. The great room is anchored by a wood-burning fireplace and features sliding glass doors leading to a rear patio. The second floor houses the home’s additional bedroom. Outside, a gravel driveway leads to the detached garage/workshop, offering 1,110± SF of space for parking, storage, hobbies, or potential workshop use, while the surrounding wooded acreage provides a peaceful country setting. Utilities include connected electricity, public water, and a private septic system. The home has forced air gas heating but currently has no air conditioning installed. Gas service is currently disconnected but can be reconnected by the new owner. Conveniently located near schools and area amenities while offering the charm and privacy of a country setting, this property presents an excellent opportunity to bring your vision to life and unlock its full potential! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.

Subdivision: Not in a subdivision

List Price

$ 40,000

Status

Active

Days on market

0

MLS#

26054722

Bedrooms

2

Full baths

1

Sq. Ft. Above

2,028

Subdivision

Not in a subdivision

School District

SELMAVILLE CSD #10

County

Marion

Property Type

Residential

Style

Other

Type

Residential

Additional Information

Property Tax (2025)

$121

Recent Nearby Sales in 62881

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
4002 Nation Road, Salem, IL 62881 3/2 1,483 $299,000 $282,500
94.5% of ask
Aug 26, 2026
3547 College Road, Salem, IL 62881 0/0 -- $900,000 $1,200,000
133.3% of ask
Aug 3, 2026
21 Mills Cart Road, Salem, IL 62881 3/2 1,280 $179,900 $179,900
100% of ask
Jul 15, 2026
128 N Indiana Avenue, Salem, IL 62881 3/2 1,928 $170,000 $170,000
100% of ask
Jun 22, 2026
1300 S Hamilton Street, Salem, IL 62881 3/2 1,274 $95,000 $95,000
100% of ask
Mar 31, 2026
620 N College Street, Salem, IL 62881 4/2 2,160 $164,000 $160,000
97.6% of ask
Mar 6, 2026

Price & Listing History

Listed for sale
Aug 25, 2026 at $40,000
Current status: Active
As of Aug 31, 2026 · $40,000

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A Guerrilla Brokers, LLC agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.