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    Salem, IL
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    Salem, IL Commercial Real Estate for Sale

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    Odin, IL Centralia, IL Vernon, IL
    120-Acre Farm South of Salem
    $900,000

    120-Acre Farm South of Salem

    3547 College Road, Salem, IL 62881

    120-acre farm near College Road, Salem, IL. Auction April 1, 2026.

    • 120 acres of A‑Agriculture Zoned land south of Salem, IL.
    • Located directly off College Road providing easy access.
    • Opportunity to start or expand a farming operation.
    • Farming rights available for the 2026 planting season.
    • Located within the Marion County Zoning Jurisdiction.
    Updated: Apr 15
    View details
    Fully Occupied Salem Retail Center
    $4,242,500
    27,500 SF

    Fully Occupied Salem Retail Center

    103 Baldridge Ln, Salem, IL 62881

    27,500 SF retail center in Salem, Illinois.

    • 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
    Updated: Apr 3
    View details
    Retail/Office Building in Salem
    $86,500
    2,700 SF

    Retail/Office Building in Salem

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

    207 E MAIN Street, Salem, IL 62881
    View details
    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
    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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
    $2,263,500
    2,070 SF

    Established Restaurant Opportunity

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

    1077 W Broadway, Centralia, IL
    View details
    High-Visibility Commercial Lot in Centralia
    $31,000

    High-Visibility Commercial Lot in Centralia

    Strategic commercial lot with high-traffic visibility in Centralia, Illinois.

    242 Watson Lane, Centralia, IL 62801
    View details
    Prime Commercial Land Available
    Contact for pricing
    10.00 Acres

    Prime Commercial Land Available

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

    100 N 44th St, Mt, Vernon, IL
    View details
    Land at Interstate Crossroads
    Contact for pricing
    8.16 Acres

    Land at Interstate Crossroads

    Commercial land at the crossroads of Interstates 57 and 64.

    Mount Vernon Pointe, Mt., Vernon, IL
    View details

    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

    102 Walnut St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    102 Walnut St, Salem, IL 62881-1554
    View details
    622 Marion Ave

    622 Marion Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    622 Marion Ave, Salem, IL 62881
    View details
    2061 Main St

    2061 Main St

    COMMERCIAL (GENERAL) • 0.41 Acres
    Value Estimation by Request
    2061 Main St, Salem, IL 62881-5843
    View details
    108 Walnut St

    108 Walnut St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    108 Walnut St, Salem, IL 62881-1554
    View details
    1517 Main St

    1517 Main St

    COMMERCIAL (GENERAL) • 1.30 Acres
    Value Estimation by Request
    1517 Main St, Salem, IL 62881-3867
    View details
    120 Main St

    120 Main St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    120 Main St, Salem, IL 62881-1518
    View details
    121 Westgate Ave

    121 Westgate Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    121 Westgate Ave, Salem, IL 62881-2019
    View details
    110 Delmar Ave

    110 Delmar Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    110 Delmar Ave, Salem, IL 62881-2001
    View details
    123 Main St

    123 Main St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    123 Main St, Salem, IL 62881-2924
    View details
    123 Main St

    123 Main St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    123 Main St, Salem, IL 62881-1574
    View details
    Main

    Main

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Main, Salem, IL 62881
    View details
    101 Sanger St

    101 Sanger St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    101 Sanger St, Salem, IL 62881-2346
    View details
    321 Mcmackin St

    321 Mcmackin St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    321 Mcmackin St, Salem, IL 62881-1722
    View details
    118 Main St

    118 Main St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    118 Main St, Salem, IL 62881-1518
    View details
    100 Washington St

    100 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    100 Washington St, Salem, IL 62881-2947
    View details
    Jefferson

    Jefferson

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Jefferson, Salem, IL 62881
    View details
    402 Broadway Ave

    402 Broadway Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    402 Broadway Ave, Salem, IL 62881-2205
    View details
    Baldridge Ln

    Baldridge Ln

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Baldridge Ln, Salem, IL 62881
    View details
    1325 Whittaker St

    1325 Whittaker St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    1325 Whittaker St, Salem, IL 62881-2007
    View details
    210 Main St

    210 Main St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    210 Main St, Salem, IL 62881-1519
    View details

    Salem, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Salem, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 62,483 square feet of properties for sale, with an estimated market value of $10,575,274.

    Sale prices for business properties in Salem, IL start at $86,500, averaging $2,643,818, 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 Strategic Investment

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

    Neighborhood Average Price
    62881 $2.4M

    Taxes & Financing

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

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