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Flex Building with Shop Area
For Sale
$159,000

1101 W MAIN Street, Salem, IL 62881

Office and shop areas share a building with central air and heat.

Property Size1,200 SF
Days on Market125

Property Features for 1101 W MAIN Street

General Information

Standard status Active
Size 1,200 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,089

Amenities

office area
bathroom
storage area
floor drains
3 overhead doors
loft storage area
water source
central air/heat

Building Details

Building Size 1,200 SF
Year Built 2007
Buildings 1
Stories 1
Units 1
Listing Agency: SOMER REAL ESTATE
Listed By: Crystal Squibb · License #475204955
Source: Perillorealestategroup
Added: Apr 3 Changed: Aug 3 Last Checked: Aug 4 at 12:34PM

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

Investment Insights

Based on property information with market context.

Built in 2007, this flex property combines office and shop space in an all-electric building. The office area contains a bathroom and storage, while the shop provides floor drains, a water source, loft storage, and three overhead doors, including one manual door. Central air and heat serve the building.

The property is located at 1101 W Main Street in Salem, IL 62881, along Hwy 50 and 1 mile from the interstate. A large parking area accompanies the building, adding functional outdoor space for operations that require shop access and vehicle circulation. The configuration is suited to uses such as detailing or auto repair, as identified in the property information.

Key Highlights

  • Flex building with office and shop areas, built in 2007
  • Shop includes floor drains, a water source, and loft storage
  • Three overhead doors, including 1 manual open door

Property Analytics

Current Use

Nice Cars Car Dealership

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Building Supply 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and shop areas share a building with central air and heat.
Where is this flex space located?
The property is located at 1101 W MAIN Street 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 with office and shop areas, built in 2007; Shop includes floor drains, a water source, and loft storage; Three overhead doors, including 1 manual open door
More about this property
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