Salem, IL Commercial Real Estate for Sale

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Odin, IL Iuka, IL Sandoval, IL
Fully Occupied Salem Retail Center
Updated: Apr 3
Fully Occupied Salem Retail Center

103 Baldridge Ln, Salem, IL 62881

$4,231,500
27,500 sqft · 3.33 AC lot
100% Occupancy Rate with Triple‑Net Leases
Anchored by Dollar Tree with a Diverse Tenant Mix
Shadow‑Anchored by Walmart Supercenter
High Traffic Location: Over 15,645 Vehicles Per Day
Located off Highway 50 (West Main Street) near Interstate 57
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Automotive Shop Building with Paint Booth
Updated: Jun 9
Automotive Shop Building with Paint Booth

225 S Marshall Street, Salem, IL 62881

$45,000
0.35 AC lot
Building built in 1923 with concrete flooring
Oversized lot with garage doors on the side for vehicle storage or pull‑through use
Includes a small office space
Full‑sized paint booth already in the building
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Retail/Office Building in Salem
Retail/Office Building in Salem

207 E MAIN Street, Salem, IL 62881

$86,500
2,700 sqft · 0.08 AC lot

Retail/office building in Salem's business district with Main Street frontage.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Established Restaurant Opportunity
Established Restaurant Opportunity

1077 W Broadway, Centralia, IL

$2,263,500
2,070 sqft · 36.44 AC lot

Restaurant property with strong sales and sub-5% rent-to-sales ratio.

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Prime Commercial Land Available
Prime Commercial Land Available

100 N 44th St, Mt, Vernon, IL

Contact for pricing
10.00 AC lot

10 acres of divisible land in Mt. Vernon, IL.

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Land at Interstate Crossroads
Land at Interstate Crossroads

Mount Vernon Pointe, Mt., Vernon, IL

Contact for pricing
8.16 AC lot

Commercial land at the crossroads of Interstates 57 and 64.

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Centralia Commercial Parcel For Sale
Centralia Commercial Parcel For Sale

200 S Chestnut Street, Centralia, IL 62801

$48,900

Six-lot commercial parcel in Centralia's Central Business TIF district.

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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.

102 Walnut St
COMMERCIAL (GENERAL)

102 Walnut St, Salem, IL 62881-1554

Value Estimation by Request
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622 Marion Ave
COMMERCIAL (GENERAL)

622 Marion Ave, Salem, IL 62881

Value Estimation by Request
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2061 Main St
COMMERCIAL (GENERAL)

2061 Main St, Salem, IL 62881-5843

Value Estimation by Request
0.41 AC lot
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108 Walnut St
COMMERCIAL (GENERAL)

108 Walnut St, Salem, IL 62881-1554

Value Estimation by Request
View details
1517 Main St
COMMERCIAL (GENERAL)

1517 Main St, Salem, IL 62881-3867

Value Estimation by Request
1.30 AC lot
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120 Main St
COMMERCIAL (GENERAL)

120 Main St, Salem, IL 62881-1518

Value Estimation by Request
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121 Westgate Ave
COMMERCIAL (GENERAL)

121 Westgate Ave, Salem, IL 62881-2019

Value Estimation by Request
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110 Delmar Ave
COMMERCIAL (GENERAL)

110 Delmar Ave, Salem, IL 62881-2001

Value Estimation by Request
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123 Main St
COMMERCIAL (GENERAL)

123 Main St, Salem, IL 62881-2924

Value Estimation by Request
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123 Main St
COMMERCIAL (GENERAL)

123 Main St, Salem, IL 62881-1574

Value Estimation by Request
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Main
COMMERCIAL (GENERAL)

Main, Salem, IL 62881

Value Estimation by Request
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101 Sanger St
COMMERCIAL (GENERAL)

101 Sanger St, Salem, IL 62881-2346

Value Estimation by Request
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321 Mcmackin St
COMMERCIAL (GENERAL)

321 Mcmackin St, Salem, IL 62881-1722

Value Estimation by Request
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118 Main St
COMMERCIAL (GENERAL)

118 Main St, Salem, IL 62881-1518

Value Estimation by Request
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100 Washington St
COMMERCIAL (GENERAL)

100 Washington St, Salem, IL 62881-2947

Value Estimation by Request
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Jefferson
COMMERCIAL (GENERAL)

Jefferson, Salem, IL 62881

Value Estimation by Request
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402 Broadway Ave
COMMERCIAL (GENERAL)

402 Broadway Ave, Salem, IL 62881-2205

Value Estimation by Request
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Baldridge Ln
COMMERCIAL (GENERAL)

Baldridge Ln, Salem, IL 62881

Value Estimation by Request
View details
1325 Whittaker St
COMMERCIAL (GENERAL)

1325 Whittaker St, Salem, IL 62881-2007

Value Estimation by Request
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210 Main St
COMMERCIAL (GENERAL)

210 Main St, Salem, IL 62881-1519

Value Estimation by Request
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Salem, IL 62881
COMMERCIAL (GENERAL)

Salem, IL 62881

Value Estimation by Request
10.00 AC lot
View details

Salem, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Salem, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 38,151 square feet of properties for sale, with an estimated market value of $6,537,774.

Sale prices for business properties in Salem, IL start at $86,500, averaging $1,634,443, and reaching up to $4,242,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 11K
Population Growth (5Y) +3.5%
Median Household Income $69,025
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62881 $926.8K

Taxes & Financing

Tax Rate (average for all types) 8.34%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

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