Address
115 W Main Street, Salem, IL
Price
$ 229,000
Property Attributes
- MLS#12585407
- TypeCommercial
- Listing Status Active
- CountyMARION
- CitySalem
- AreaSalem
- Zip62881
- Style
- Year Built1910
- Taxes$ 2204
- Price$ 229,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5638
Data Source:
Midwest Real Estate Data (MRED)
Property Description
115 W Main St, Salem, IL Prime commercial opportunity located in the heart of downtown Salem. THIS IS in the Enterprise Zone & TIF3 Just 5 minutes from I-57, this property offers convenient access to surrounding cities including St. Louis (1 hour 20 minutes), Paducah, KY (1 hour 55 minutes), Evansville, IN (1 hour 52 minutes), and Chicago (3 hours 49 minutes). This B-2 zoned commercial building offers nearly 6,000 square feet of space and has been home to several successful businesses throughout the years. With its downtown location and strong commercial presence, the property provides excellent visibility and accessibility for a wide variety of business opportunities. The building has seen several updates in recent years and is in very good condition, offering a solid foundation for its next owner or business venture. Inside you will find a bar area equipped with double sinks and small refrigerators, along with two separate restrooms. The ladies restroom includes two stalls, while the men's restroom features a urinal and one stall. Both levels of the building currently include partitioned spaces that allow for separation of rooms, making it ideal for offices, retail sections, or private areas. These partitions could also be removed if a more open floor plan is desired. With substantial square footage, flexible interior layout, and established B-2 zoning, this property offers excellent potential for a variety of uses including restaurant, bar, retail, office space, event venue, or other service-based businesses.
| Price History | |
|---|---|
| 3/6/2026 | Listed $229,000 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing |
| Roof | Other |
| Zoning | COMMR |
| Construction Materials | Block,Steel Siding,Brick,Glass |
| Year Built | 1910 |
| Electric | Power - 240V |
| Stories Count | 2 |
| Township | Salem |
| Property Subtype | Mixed Use |
| Tax Year | 2024 |
| County | Marion |
| Property Type | Commercial Sale |
| Possible Use | Commercial |
| Status | Active |
| Directions | FROM I-57 EXIT IN SALEM HEAD EAST TOWARDS THE COURTHOUSE. THE BLDG IS ON THE RIGHT BEFORE YOU GET TO THE TRAFFIC LIGHTS AT RT 37. |
| City | Salem |
| MLS Area | Salem |
| Tax Annual Amount | 2204 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Property Type | Mixed Use |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 5638 |
| Frontage Type | City Street,US Highway |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 62881
Price
Taxes
Year Built
Visits
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Information is deemed reliable but is not guaranteed.
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Equity Realty Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 12, 2026 1:41 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of September 12, 2026 1:41 PM UTC
