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Freestanding Conventional Restaurant
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101 Baldridge Lane, Salem, IL 62881

Existing restaurant layout with highway exposure, pylon signage, and nearby Walmart, Dollar General, and McDonald’s.

Property SizeContact for details
Days on Market11

Property Features for 101 Baldridge Lane

General Information

Standard status Active
Property subtype Retail, Restaurant
Listing Agency: Pace Properties
Listed By: Ashley Krekovich · License #1999033116
Source: Paceproperties
Added: Aug 22 Changed: Aug 31 Last Checked: Sep 1 at 2:29PM

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 Pace Properties

Investment Insights

Based on property information with market context.

Located at 101 Baldridge Ln in Salem, Illinois, this 5,075-square-foot freestanding restaurant offers a second-generation configuration for continued restaurant use. The property includes visibility from Highway 50 and a large pylon sign available for identification.

The surrounding retail environment includes Walmart, Dollar General, and McDonald’s. West Main Street records 13,500 VPD, adding measurable traffic context to the area.

Key Highlights

  • 5,075‑square‑foot freestanding second‑generation restaurant
  • Visibility from Highway 50
  • Large pylon sign available

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Joe's Pizza Dining
1,567 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant layout with highway exposure, pylon signage, and nearby Walmart, Dollar General, and McDonald’s.
Where is this conventional restaurant located?
The property is located at 101 Baldridge Lane Salem, IL.
What are key features of this property?
This property features: 5,075‑square‑foot freestanding second‑generation restaurant; Visibility from Highway 50; Large pylon sign available
More about this property
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