2053 W Main Street, Salem, IL 62881
Not in a subdivision · Marion County
Key Facts
Description
Amazing opportunity to own and operate a turn key restaurant with slot machines. Many upgrades has been done to the building including new roof and ac units on the roof ($50K). Or the opportunity to use the 5 acres for any commercial use you could think of (truck stop, mixed use commercial, shopping plaza, storage units ETC). Situated on State Highway 50 with 9000 to 15,000 cars per day (Idot.gov) this is a high-traffic and high visible location suitable for any business to succeed. Parel 110930023 to be included in the purchase of this property.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
2007
Stories
1
Living Area
4,290 sq ft
Lot Size
0.67 acres
Days on Market
1
MLS® Listing#
26045861
Property Features
Appliances
Cooling
Heating
Flooring
Construction
Security
Utilities
Water Source
Financial Details
Annual Taxes
$1,267
Tax year 2025
Parcel Number
1109300024
Directions
West of Highway 57 2 miles on the left
Affordability Calculator
$197,800
Estimated monthly payment
$5,264/mo
Principal $791,200 · Est. interest $1,103,794 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salem, IL
- 28
- Median Days on Market
- 1,752
- Median Sq Ft
- $114
- Median Price / Sq Ft
- 21
- Active Listings
- Its price per sq ft is 103% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salem, IL.
Location
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Points of Interest in Salem, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 00 Mills Cart Road, Salem, IL | $695,000 | — | — | — |
| 3042 Cannon Gardens Road, Salem, IL | $749,000 | — | — | — |
| 3042 Cannon Gardens Road, Salem, IL | $749,000 | 3 | 2 | 1,344 |
| 130 N Hotze Road, Salem, IL | $800,000 | — | — | — |
| 6368 E Tonti Road, Salem, IL | $925,000 | 3 | 4 | 4,676 |
Moving Cost Estimate
EXIT Agents in Salem
Listing Courtesy: Coldwell Banker Brown Realtors - 6186562278
Presented by: Matthew Dowd