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    130 N Hotze Rd Salem, IL 62881

    For Sale
    $800,000

    Acres - Salem, IL

    Lot size:
    5.20 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 130 N Hotze Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    11-10-000-084
    Lot size
    5.20 Acres

    Building Details

    Architectural style
    Other

    Somer Real Estate (618) 548-5123 [email protected]

    Listing agent JAMES SOMER (618) 548-5123 License #471004184

    Listing date Sep 30, 2025

    MLS# EB446491 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near I-57 Ramp

    This 5.2-acre commercial land parcel is located in Salem, Illinois. The property abuts the I-57 on/off ramp at exit 116. Zoned B-4 Interchange Business District, the site is located in the Enterprise Zone on Salem's west side. Utilities are available on site. The seller is willing to partition the land at a price of $4.20 per square foot.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.97546747
    Latitude
    38.625315417

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    FAQs

    What type of property is this?
    Commercial land - 5.2 acres of commercial land with utilities near I-57.
    Where is this commercial land located?
    The property is located at 130 N Hotze Rd Salem, IL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Abuts I-57 On/Off ramp at exit 116.; - Located in the ENTERPRISE ZONE.; - Zoned B-4 Interchange Business District.
    (618) 548-5123
    Request Owner's contact information
    130 N Hotze Rd Salem, IL 62881
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    Salem, IL 62881
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    130 N Hotze Rd Salem, IL 62881
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