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Salon Property
New
For Sale
$99,900

109 N Pike St, Palestine, IL 62451

Commercial Sale, Palestine, IL

Property SizeContact for details
Lot Size0.24 Acres
Days on Market7

Property Features for 109 N Pike St

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Standard status Active
APN 06-4-34-042-033-000
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 1144

Utilities

Heating system Forced Air
Water source Public

Building Details

Floors in Building 1
Building materials Aluminum
Roof type Metal
Listing Agency: Aldrich Realty
Listed By: Twilla Davis
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 2:06PM
MLS# 11995939

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This spa and wellness property is configured for salon use at 109 N Pike St in Palestine, Illinois. The building features aluminum construction, a metal roof, forced-air heating, public water service, and one bathroom.

The property is situated on a 0.24-acre parcel in Crawford County and carries a 62451 ZIP Code. Its established salon configuration provides a defined commercial setting for continued wellness-related use.

Key Highlights

  • Salon‑oriented commercial property
  • 0.24‑acre parcel in Palestine, IL
  • Aluminum construction

Property Analytics

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Current Use

Waves & Co Hair Salon Studio33 Hair Salon

Suggested Use

Top Pick Building Supply Auto Repair Shop Pharmacy Grocery & Convenience Store Locksmith Furniture & Home Goods

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

132
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
5,295 visits/mo 0.4 miles
Dollar General Shops & Services
3,285 visits/mo 0.4 miles

Demographics for 62451, IL

1,972
Population
907
Households
2.2
Avg Household Size
46
Median Age
14%
College-Educated
94%
High-School Grad
63.2 sq mi
ZIP Area
31
Density / Sq Mi
$60,991
Median Household Income
$38,909
Median Earnings
$743
Median Rent
$85,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Spa & wellness property - Salon-oriented commercial property with forced-air heating, public water service, and a bathroom.
Where is this spa & wellness property located?
The property is located at 109 N Pike St Palestine, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Salon‑oriented commercial property; 0.24‑acre parcel in Palestine, IL; Aluminum construction
More about this property
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