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Single Family ResidentialResidential
$54,099
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

540 E BENNETT ST

SALEM, IL 62881
0
Baths
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$54K
$50K low$58K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$3,599
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$2,879
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.82%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$50,500
COMMUNITY PARTNERS SAVINGS BANK · recorded May 27, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$556 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$8,060 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,290
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$4,770
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$10,590
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$24,180

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMARION
Lot (acres)The size of the land the home sits on, from county records.0.17
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Salem Community High SchoolC-
High · Grades 9–12 · 0.3 mi
M
Franklin Park Middle SchoolB+
Middle · Grades 4–8 · 0.8 mi
E
Hawthorn Elementary SchoolB
Elementary · Grades KG–3 · 1.0 mi

District: Salem School District 111

Neighborhood · ZIP 62881These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.178

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.10,212
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.104 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,564
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,373
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 E Bennett St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 87% of homes in Salem 62881
  • Has a smaller lot than 84% of homes in Salem 62881

What homes are worth in Salem 62881

Each bar is how many homes fall in that price range. The marker is this home.

This home
$27K$461K

This home is worth more than 13% of homes in Salem 62881.

How it measures up in Salem 62881

The dot is this home. The mark in the middle is the typical home in Salem 62881.

Estimated value$54,099
CheaperTypical $133,269Pricier

Pricier than 13% of homes nearby

Lot size0.17 ac
SmallerTypical 0.37 acBigger

Bigger than 16% of homes nearby

How 540 E Bennett St ranks against every home in each area.
MeasureThis homeSalem 62881Marion County
Estimated valuepricier than$54,09913% of homes25% of homes
Lot sizebigger than0.17 ac16% of homes19% of homes

About 540 E Bennett St

How much is 540 E Bennett St, Salem, IL worth?

The TopHap Estimate for 540 E Bennett St, Salem, IL is $54,099 as of Jul 14, 2026. The likely range is $49,860 to $58,338. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 E Bennett St, Salem, IL last sell?

540 E Bennett St, Salem, IL last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 540 E Bennett St, Salem, IL?

540 E Bennett St, Salem, IL is assigned to Salem Community High School (high), rated C-; Franklin Park Middle School (middle), rated B+; Hawthorn Elementary School (elementary), rated B. All sit in Salem School District 111. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 E Bennett St, Salem, IL compare to other homes in Salem 62881?

Among the 4,217 homes in Salem 62881, it is worth more than 13% of them ($54,099 against a typical $133,269) and its lot is bigger than 16% of them (0.17 ac against a typical 0.37 ac). Measured against all of Marion County, it is worth more than 25% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 E Bennett St, Salem, IL?

The 2025 property tax bill for 540 E Bennett St, Salem, IL was $556. The county assessed it at $8,060.

Closest homes

More homes in Salem 62881

Assigned schools

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