Commercial Development Land with Five
For Sale
$139,900
Lot 1 S Washington Street, Salem, IL 62881
For sale multi-parcel tract totaling about 4.27 acres, with development improvements subject to city and zoning approvals.
Property SizeContact for details
Lot Size4.27 Acres
Days on Market66
Property Features for Lot 1 S Washington Street
General Information
Standard status
Active
Lot size
4.27 Acres
Property subtype
Unimproved Land
Amenities
(verify)
Listing Agency:
MIDWEST FARM & LAND
Listed By:
SIRETHA HOWE · License #475196627
(618) 367-0535
Source:
Kw
Added: Jul 3
Changed: Aug 25
Last Checked: Sep 5 at 6:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MIDWEST FARM & LAND
Investment Insights
Based on property information with market context.
This offering includes five parcels totaling approximately 4.27 acres, presented as a commercial development site for a range of planned uses. The land is being marketed for possible retail, office, storage, service-business, or other commercial development concepts, with the understanding that any proposed improvements must meet city approval and applicable zoning and permitting requirements.
The property is located at Lot 1 S Washington Street in Salem, Illinois (62881). Prospective developers can pursue their plans under the required approvals before starting any site or building work.
The property is located at Lot 1 S Washington Street in Salem, Illinois (62881). Prospective developers can pursue their plans under the required approvals before starting any site or building work.
Key Highlights
- Multi‑parcel commercial development tract with five parcels totaling approximately 4.27 acres
- Site offered for commercial or mixed‑use development opportunities
- Potential uses include retail, office, storage facilities, and service business ventures
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 62881, IL
11,053
Population
5,032
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
93%
High-School Grad
99.2 sq mi
ZIP Area
111
Density / Sq Mi
$69,025
Median Household Income
$42,567
Median Earnings
$750
Median Rent
$111,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - For sale multi-parcel tract totaling about 4.27 acres, with development improvements subject to city and zoning approvals.
Where is this commercial land located?
The property is located at Lot 1 S Washington Street Salem, IL.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Multi‑parcel commercial development tract with five parcels totaling approximately 4.27 acres; Site offered for commercial or mixed‑use development opportunities; Potential uses include retail, office, storage facilities, and service business ventures
