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Automotive Flex Shop with Offices
For Sale
$159,000

1101 W Main St, Salem, IL 62881

Flex building includes office area with bathroom and shop area with floor drains and three overhead doors.

Property Size1,200 SF
Price / SF$132.50
Days on Market181

Property Features for 1101 W Main St

General Information

Standard status Active
Size 1,200 SF

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 3

Building Details

Year Built 2007
Listing Agency: SOMER REAL ESTATE
Listed By: Crystal Squibb · License #475204955
Source: Bktchicago
Added: Apr 24 Changed: Oct 16 Last Checked: Oct 20 at 10:42PM

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 SOMER REAL ESTATE

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Investment Insights

Based on property information with market context.

This for-sale flex property combines office space and a service shop in one building. The office area includes a bathroom and storage area. The shop area features floor drains, three overhead doors (with one manual), a loft storage area, and a water source.

The business and office/shop structure was built in 2007. The building is heated and cooled with central air/heat and is all-electric. A large parking area supports day-to-day customer and vehicle access.

For a practical match, the interior and utilities are oriented toward detailing, auto repair, or other operations that benefit from a dedicated shop environment and direct overhead-door access.

Key Highlights

  • Flex building built in 2007 with office area and shop area
  • Office includes a bathroom and storage area
  • Shop features floor drains, loft storage area, and 3 overhead doors (1 manual open)

Property Analytics

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Current Use

Nice Cars Car Dealership

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Plumbing Service Kitchen & Bath Showroom Electrical 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.

Lease Details

3
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flex building includes office area with bathroom and shop area with floor drains and three overhead doors.
Where is this flex space located?
The property is located at 1101 W Main St Salem, IL.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Flex building built in 2007 with office area and shop area; Office includes a bathroom and storage area; Shop features floor drains, loft storage area, and 3 overhead doors (1 manual open)
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