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    206 E Main St Salem, IL 62881

    For Sale
    $195,000

    Commercial - Salem, IL

    Property size:
    3,168 SF
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 206 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    1100008225
    Size
    3,168 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Flooring type
    Concrete
    Building materials
    Brick
    Architectural style
    Other

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

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

    Listing date Oct 27, 2025

    MLS# EB460270 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

    Updated Turn-Key Restaurant in Salem

    This updated, turn-key restaurant is located in downtown Salem, Illinois, near the courthouse and other businesses. The commercial property is suitable for conventional restaurants and other retail purposes. The property offers an environment conducive to lunchtime meetings, gatherings, dates, and convenient small-town charm. The space includes all necessary supplies to start a new culinary venture, such as sinks, ovens, dishes, and spacious coolers. The property provides ample storage room and space for potential expansion. The property size is 3168 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gozia Law Firm ... Law Firm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.944262
    Latitude
    38.627367

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    FAQs

    What type of property is this?
    Restaurant - Updated downtown restaurant, perfect for meetings and small-time charm.
    Where is this restaurant located?
    The property is located at 206 E Main St Salem, IL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Turn-key restaurant ready for immediate operation.; - Includes all necessary equipment: **sinks, ovens, dishes, spacious coolers.**; - Updated downtown location near courthouse and businesses.
    (618) 548-5123
    Request Owner's contact information
    206 E 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
    206 E Main St Salem, IL 62881
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