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    1610 N Broadway St Salem, IL 62881

    For Sale
    $89,900

    Commercial - Salem, IL

    Property size:
    5,400 SF
    Lot size:
    1.28 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1610 N Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    APN
    1102000022
    Size
    5,400 SF
    Lot size
    1.28 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Concrete, Tile
    Building materials
    Block, Frame, Vinyl Siding
    Roof type
    Shake
    Architectural style
    Other

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

    Listing agent Ryan Gambill (618) 548-5123 License #475192305

    Listing date Nov 16, 2025

    MLS# EB459509 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

    Spacious Office with Large Garage

    This commercial property in Salem, Illinois, offers a substantial office space of 2372 square feet, complemented by a 3028-square-foot garage located on the east side of the building. Additionally, the property features a 1558 square foot basement. The building is situated on a 1.28-acre lot. The property is available for sale or lease, with owner financing options available.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.942509
    Latitude
    38.643381

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    FAQs

    What type of property is this?
    Specialty property - Large office space with garage and basement on 1.28 acres.
    Where is this specialty property located?
    The property is located at 1610 N Broadway St Salem, IL.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: - Expansive office space: 2372 sq ft of office space plus additional rooms.; - Large garage: A spacious 3028 sq ft garage is included.; - Substantial basement: Features a 1558 sq ft basement.
    (618) 548-5123
    Request Owner's contact information
    1610 N Broadway St 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
    1610 N Broadway St Salem, IL 62881
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