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Salem, IL Commercial Real Estate for Sale

17 results
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Commercial Land in High-Traffic Area
$1,300,000
4,290 SF

Commercial Land in High-Traffic Area

2053 W Main St, Salem, IL 62881

Versatile commercial property with high visibility and traffic.

  • High‑traffic location with excellent road frontage.
  • Versatile commercial building suitable for restaurant, truck stop, office, or retail.
  • Ample parking available.
  • Easy access to highways/interstates.
  • Includes Parcel 1109300023.
Updated: May 6, 2025
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Commercial Property on Highway 50
$169,000
0.31 Acres

Commercial Property on Highway 50

1101 W Main St, Salem, IL 62881

Highway-fronting commercial building with shop and office areas.

  • High‑traffic location on Hwy 50, just 1 mile from the interstate
  • Versatile shop area featuring floor drains, 3 overhead doors, loft storage, and a convenient water source
  • Office area includes a bathroom and storage space
  • Large parking area suitable for various businesses
  • Central air and electric heat for year‑round comfort
Updated: Oct 31, 2025
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Highway Frontage Restaurant Opportunity
$370,000
1.00 Acre

Highway Frontage Restaurant Opportunity

Former restaurant with drive-through, leased through 2026.

1407 W Main St, Salem, IL 62881
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Downtown Salem Commercial Investment Opportunity
Pending
$92,000

Downtown Salem Commercial Investment Opportunity

Prime commercial properties in downtown Salem, Illinois, sold as-is.

122 W Main St, Salem, IL 62881
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Turn-Key Restaurant in Downtown Salem
$195,000

Turn-Key Restaurant in Downtown Salem

Updated restaurant space ready for immediate operation in downtown Salem.

206 E Main St, Salem, IL 62881
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Salem Commercial Property - Huge Potential
$485,000
24,000 SF

Salem Commercial Property - Huge Potential

24,000 sq ft, 2.2 acres, high traffic area

121 Westgate Ave, Salem, IL 62881
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Salem IL Commercial Property
$180,000
1,960 SF

Salem IL Commercial Property

Two Buildings, 1.29 Acres, B3 Zoning

2010 Mitchell St, Salem, IL 62881
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206 Main St, Salem, IL 62881
$205,000
3,168 SF

206 Main St, Salem, IL 62881

Commercial real estate • 3,168 SF

206 Main St, Salem, IL 62881
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Salem Commercial Building - Prime Location
$96,000
1,113 SF

Salem Commercial Building - Prime Location

Downtown Salem, IL - Versatile Commercial Space

300 Church St, Salem, IL 62881
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Salem Commercial Building - Huge Potential
$315,000
4,993 SF

Salem Commercial Building - Huge Potential

Versatile 4,993 sq ft building, ideal for many uses.

400 Pruyn St, Salem, IL 62881
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\
$95,000
7,500 SF

\"" Salem Cycles\"" and \""Ritter Farms\"". The Commercial location includes three separate spaces for three individual businesses or could be combined into one large location on the main level. The main floor Has a newer HVAC unit. The upstairs has four separate rental units one is currently rented for $550 a month the other three units need some TLC to get them in rentable condition. Some plumbing and electrical work has been done. With some vision and some sweat equity this building could be a great investment opportunity! NOTE: Call the City of Salem to discuss availability of Tiff funds and other possible grants available. Call today for your private showing!""""}"""

Historic Salem Commercial Building

121-123 Main St, Salem, IL 62881
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Downtown Salem Commercial Gem
$65,000
5,184 SF

Downtown Salem Commercial Gem

High-potential 5,184 sq ft commercial space

119 Main St, Salem, IL 62881
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Salem Main Street Commercial Building
$86,500
2,700 SF

Salem Main Street Commercial Building

Prime Salem location, 2700 sq ft, great potential.

207 Main St, Salem, IL 62881
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Downtown Salem Commercial Building
$219,000
7,000 SF

Downtown Salem Commercial Building

Prime location, 26 offices, high traffic.

219 Schwartz St, Salem, IL 62881
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Salem Shopping Center: Prime Retail Investment
$4,482,509
27,500 SF

Salem Shopping Center: Prime Retail Investment

100% Leased, Multi-Tenant Retail Center

103 Baldridge Ln, Salem, IL 62881
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KFC Restaurant Investment Opportunity
$2,003,774
4,783 SF

KFC Restaurant Investment Opportunity

NNN leased KFC in Salem, IL with annual rent increases.

101 Baldridge Ln, Salem, IL
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93,078 SF Industrial Investment Property
$11,285,715
93,078 SF

93,078 SF Industrial Investment Property

Single tenant NNN investment property constructed in 2023 and 2024.

2028 W Main St, Salem, IL 62881
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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Salem, IL, we suggest to view alternatives - similar 545 Off-Market properties to explore as potential leads.

Explore Off-Market Properties in Salem, IL

Consider similar Off-Market properties in Salem, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

121-123 Main St

121-123 Main St

Commercial real estate • 7,500 SF
Value Estimation by Request
121-123 Main St, Salem, IL 62881
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219 Schwartz St

219 Schwartz St

Commercial real estate • 7,000 SF
Value Estimation by Request
219 Schwartz St, Salem, IL 62881
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300 Church St

300 Church St

Commercial real estate • 1,113 SF
Value Estimation by Request
300 Church St, Salem, IL 62881
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612 Main St

612 Main St

Neighborhood centers • 7,000 SF
Value Estimation by Request
612 Main St, Salem, IL 62881
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2010 Mitchell St

2010 Mitchell St

Commercial real estate • 1,960 SF
Value Estimation by Request
2010 Mitchell St, Salem, IL 62881
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201 Lake St

201 Lake St

Commercial real estate • 3,080 SF
Value Estimation by Request
201 Lake St, Salem, IL 62881
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103 Baldridge Ln

103 Baldridge Ln

Lifestyle centers • 27,500 SF
Value Estimation by Request
103 Baldridge Ln, Salem, IL 62881
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Salem, IL Commercial Real Estate Investment Opportunities Market Analysis

Explore 551 commercial real estate investment opportunities in Salem, IL with 17 listings featured on our commercial real estate marketplace. The current inventory includes 29,198,141 square feet of properties with an estimated value of $69,143,509.

Estimated prices for commercial real estate in Salem, IL begin at $50,000, with an average of $515,996 and extend to $7,325,000.

In Salem, IL, current investment values show:

  • Other commercial real estate positioned at $462,785
  • Industrial properties measuring $963,333
  • Other industrial properties assessed at $963,333
  • Land calculated at $318,875
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