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    2053 W Main St Salem, IL 62881

    For Sale
    $1,300,000

    Unimproved Land - Salem, IL

    Type:Unimproved Land
    Property size:
    4,290 SF
    Lot size:
    5.00 Acres
    Days on Market:
    214
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 2053 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    1109300024
    Parking features
    Driveway, Open, Parking Lot
    Size
    4,290 SF
    Lot size
    5.00 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric, Multi Units, Wall Unit(s)

    Building Details

    Year built
    2007
    Building materials
    Brick
    Architectural style
    Other

    Kues Bros Realty LTD (618) 971-5510 [email protected]

    Listing agent John M Kues (618) 228-7395 License #471008863

    Listing date May 6, 2025

    MLS# 25014268 Listing URL

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

    Overview

    Salem, IL Commercial Building

    This commercial building, currently operating as a restaurant, is located in a high-visibility, high-traffic area. The property offers potential to continue as a restaurant or transform into a truck stop, office space, or retail hub. The building has a living area of 4290 square feet and is situated on a 5-acre lot. It features ample parking, excellent road frontage, and easy access. Parcel 1109300023 is included in the purchase of this property. The location is in the city with frontage on a highway or interstate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Five Brothers Cafe Family Restaurant

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.99446
    Latitude
    38.621881

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    FAQs

    What type of property is this?
    Restaurant - High-traffic commercial building with restaurant and redevelopment potential.
    Where is this restaurant located?
    The property is located at 2053 W Main St Salem, IL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - High-traffic location with excellent road frontage.; - Versatile commercial building suitable for restaurant, truck stop, office, or retail.; - Ample parking available.
    (618) 228-7395
    Request Owner's contact information
    2053 W Main 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
    2053 W Main St Salem, IL 62881
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