Real Estate Investment Properties for Sale in Salem, IL

Looking for investment property in Salem, IL with high ROI ?

Explore a variety of short-term homes & houses in Salem, IL. Invest wisely with VRBO & Salem, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Salem, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
100 N WASHINGTON Street Salem, IL Two exceptional living units updated with fresh paint and new carpeting. Range and Refrig...	N/A beds \| N/A baths \| 1,043 sq.ft.	$159,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.56% Airbnb Rental Income: $null Traditional Rental Income: $1439 Airbnb ROI: N/A Traditional ROI: 6.56%
440 INDIANA Avenue Salem, IL This beautiful home has been modernly remodeled and updated! New furnace, AC, Water heater...	2 beds \| 2 baths \| 1,656 sq.ft.	$189,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.32% Airbnb Rental Income: $null Traditional Rental Income: $2160 Airbnb ROI: N/A Traditional ROI: 9.32%
3651 Goostree Lane Salem, IL Nestled at the end of a serene, low-traffic drive, this property is surrounded by lush woo...	1 beds \| 1 baths \| 1,300 sq.ft.	$193,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $1499 Airbnb ROI: N/A Traditional ROI: 5.99%
1335 S COLLEGE Avenue Salem, IL This 1900 square foot, 3 bedrooms, two bath home has plenty of room. The property, with a...	3 beds \| 2 baths \| 1,904 sq.ft.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.58% Airbnb Rental Income: $null Traditional Rental Income: $1823 Airbnb ROI: N/A Traditional ROI: 9.58%
1158 N FRANKLIN Street Salem, IL Marvelous location? 4 bedrooms? 2 1/2 bathrooms? inground pool? Yes!! This is it! Many g...	4 beds \| 3 baths \| 2,002 sq.ft.	$214,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.5% Airbnb Rental Income: $null Traditional Rental Income: $2833 Airbnb ROI: N/A Traditional ROI: 10.5%
101 Lost Hollow Drive Salem, IL Beautiful full brick, custom built, colonial style 5200 sq ft home with so many features. ...	3 beds \| 4 baths \| 5,476 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $3059 Airbnb ROI: N/A Traditional ROI: 4.8%
231 Cope Drive Salem, IL Step inside this wonderful 4 bed 2 bath home located in Salem Illinois. As you step in yo...	4 beds \| 2 baths \| 1,968 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.91% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 5.91%
740 Warmouth Street Salem, IL If you are NOT a handyman, this is the home for you. This home has been tastefully update...	2 beds \| 1 baths \| 1,096 sq.ft.	$141,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.56% Airbnb Rental Income: $null Traditional Rental Income: $1550 Airbnb ROI: N/A Traditional ROI: 7.56%
311 S CASTLE Street Salem, IL All this home needs are your decorating touches. New neutral paint inside and out, new ba...	2 beds \| 1 baths \| 1,206 sq.ft.	$146,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.97% Airbnb Rental Income: $null Traditional Rental Income: $1802 Airbnb ROI: N/A Traditional ROI: 10.97%
318 CIRCLE Drive Salem, IL	3 beds \| 2 baths \| 2,176 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $2347 Airbnb ROI: N/A Traditional ROI: 9.16%

Real Estate investment in Salem, IL

There are 11 properties for sale in the city of Salem . The median list price in Salem is $164,250 and the average price per square foot is $85. In December 2024, the average monthly cash on cash return in Salem is 11.00%. The average monthly rental income in Salem is $1,882.

Salem, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 11 investment properties available for sale in Salem.

The ROI for Short-Term is higher than the Long-Term in Salem with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, IL

100 N WASHINGTON Street

Salem, IL

N/A beds | N/A baths | 1,043 sq.ft.

$159,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.56%

Airbnb Rental Income: $null

Traditional Rental Income: $1439

Airbnb ROI: N/A

Traditional ROI: 6.56%

440 INDIANA Avenue

Salem, IL

2 beds | 2 baths | 1,656 sq.ft.

$189,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2160

Airbnb ROI: N/A

Traditional ROI: 9.32%

3651 Goostree Lane

Salem, IL

1 beds | 1 baths | 1,300 sq.ft.

$193,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.99%

Airbnb Rental Income: $null

Traditional Rental Income: $1499

Airbnb ROI: N/A

Traditional ROI: 5.99%

1335 S COLLEGE Avenue

Salem, IL

3 beds | 2 baths | 1,904 sq.ft.

$169,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.58%

Airbnb Rental Income: $null

Traditional Rental Income: $1823

Airbnb ROI: N/A

Traditional ROI: 9.58%

1158 N FRANKLIN Street

Salem, IL

4 beds | 3 baths | 2,002 sq.ft.

$214,500

Airbnb cash on cash: N/A

Traditional cash on cash: 10.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2833

Airbnb ROI: N/A

Traditional ROI: 10.5%

101 Lost Hollow Drive

Salem, IL

3 beds | 4 baths | 5,476 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.8%

Airbnb Rental Income: $null

Traditional Rental Income: $3059

Airbnb ROI: N/A

Traditional ROI: 4.8%

231 Cope Drive

Salem, IL

4 beds | 2 baths | 1,968 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2240

Airbnb ROI: N/A

Traditional ROI: 5.91%

740 Warmouth Street

Salem, IL

2 beds | 1 baths | 1,096 sq.ft.

$141,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.56%

Airbnb Rental Income: $null

Traditional Rental Income: $1550

Airbnb ROI: N/A