Single-family residential home property containing two (2) bedrooms and one (1) bath. Property is zoned B-3 Highway Business District. Property could be utilized for a continued residence or converted to some type of higher commercial or office use based on the existing zoning and high traffic and exposure along 75th Street (STH ''50''). Property is currently occupied by a tenant on a month to month lease. Home also contains 1,080 square feet of basement area. New furnace installed in December, 2023.
This property has recently been approved for a new construction home. Please see the documents tab for more information. A rare opportunity to own one of the most unique properties in the area. This property is situated at the point of a peninsula and nearly surrounded by water with 275' of lake frontage. With the channel on one side and an eastern view of the lake on the other, you'll feel worlds away while still conveniently located between Chicago, Milwaukee, and Lake Geneva. Located in the voluntary Paddock-Hooker Lakes Homeowners Association.
The median home value in Salem, WI is $189,800. This is higher than the county median home value of $182,700. The national median home value is $219,700. The average price of homes sold in Salem, WI is $189,800. Approximately 68.33% of Salem homes are owned, compared to 17.85% rented, while 13.83% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Wisconsin 53168 has a population of 8,521. Salem 53168 is less family-centric than the surrounding county with 29.8% of the households containing married families with children. The county average for households married with children is 30.26%.
The median household income in Salem, Wisconsin 53168 is $74,088. The median household income for the surrounding county is $57,269 compared to the national median of $57,652. The median age of people living in Salem 53168 is 42.7 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 12.1 degrees. The average rainfall is approximately 35.6 inches per year, with 42.7 inches of snow per year.