Foreclosure for Sale on Old Salem Rd, Petersburg, IL 62675

Foreclosures โ€บ Illinois โ€บ Menard โ€บ Petersburg โ€บ Old Salem Rd
Pre-foreclosure property at Old Salem Rd, Petersburg, IL 62675. 3 bed 2 bath 1,278 sq ft Menard County foreclosure listing.
Pre-foreclosure Active 43 days on market
Old Salem Rd, Petersburg, IL 62675
Price TBD
Menard County ยท Illinois
3
Bedrooms
2
Bathrooms
1,278
Sq ft
1930
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 2
Living area 1,278 sq ft
Year built 1930
County Menard County
State Illinois
ZIP 62675
Days on Market 43 days
Listing ID 66023958
About this property

This home in Petersburg, IL is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Menard County Market ยท Updated daily
Active Listings
11
Bank-Owned (REO)
1
Pre-Foreclosures
10

5 active foreclosure listings in Petersburg, IL.

Browse all Menard County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Menard County foreclosures for additional guidance on the purchase process.
There are currently 5 active foreclosure listings in Petersburg, IL. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Petersburg, IL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 62675 ยท U.S. Census ACS
Population
5,877
Median Age
45.4 yrs
Households
2,503
Median Household Income
$83,291
Median Home Value
$192,100
Median Rent
$692/mo
Owner-Occupied
78% of homes
Vacancy Rate
11% of units
Unemployment Rate
3.4%

~20% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 62675
๐Ÿซ Elementary
Petersburg Elem School
Grades Pre-Kโ€“2ยทPetersburg ZIP 62675
Porta Central
Grades 3โ€“6ยทPetersburg ZIP 62675
๐ŸŽ“ High
Porta High School
Grades 7โ€“12ยทPetersburg ZIP 62675

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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