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Three-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

107 W MAIN Street, Salem, IL 62881

Three-story property with a basement, prior apartment use, and storage areas, offered in as-is condition without active utilities.

Property SizeContact for details
Days on Market141

Property Features for 107 W MAIN Street

General Information

Standard status Pending
Property subtype Land, Retail

Building Details

Buildings 1
Stories 3
Listing Agency: Midwest Farm & Land Co. LLC
Listed By: SIRETHA HOWE · License #475196627
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:48PM

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 Co. LLC

Investment Insights

Based on property information with market context.

This three-story mixed-use building includes a basement and a main floor measuring 2,430 square feet per county records. The middle level has previously served as an apartment, while the upper level has been used for storage. The property is currently rented for storage use and will be conveyed in as-is condition.

Utilities are not currently active at the property. The building’s existing multi-level layout provides a range of interior areas for a future owner to evaluate and customize based on intended use.

Key Highlights

  • Three‑story mixed‑use building with basement
  • Main floor measures 2,430 square feet per county records
  • Middle level previously used as an apartment

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant Building Supply Dental Office HVAC Service

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

404
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 40%
MotoMart Shops & Services
9,905 visits/mo 0.2 miles
Hardee's Dining
6,905 visits/mo 0.2 miles
Phillips 66 Shops & Services
2,048 visits/mo 0.3 miles
Joe's Pizza Dining
1,567 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
526 visits/mo 0.3 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?
Mixed-use property - Three-story property with a basement, prior apartment use, and storage areas, offered in as-is condition without active utilities.
Where is this mixed-use property located?
The property is located at 107 W MAIN Street Salem, IL.
What are key features of this property?
This property features: Three‑story mixed‑use building with basement; Main floor measures 2,430 square feet per county records; Middle level previously used as an apartment
(618) 367-0535 Call to check price and availability
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