Two-Level Mixed-Use
For Sale
$229,000
115 West Main Street, Salem, IL 62881
Updated interior supports separated offices, retail areas, and private rooms.
Property Size6,000 SF
Price / SF$38.17
Days on Market185
Property Features for 115 West Main Street
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial Sale / Mixed Use
Zoning
COMMR
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,204
Building Details
Year Built
1910
Buildings
1
Stories
2
Building Size
6,000 SF
Listing Agency:
Equity Realty Group
(618) 927-6342
Listed By:
MELISSA JARRELL · License #475204551
(618) 927-6342
Source:
Compass
Added: Feb 28
Changed: Aug 30
Last Checked: Aug 31 at 10:01PM
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 Equity Realty Group
Investment Insights
Based on property information with market context.
This two-level mixed-use building provides nearly 6,000 square feet with a flexible interior arrangement. Partitioned areas on both floors can support distinct rooms, offices, retail sections, or private spaces, while the partitions may be removed for a more open configuration. Recent updates have been completed, and the property includes a bar area with double sinks and small refrigerators. Two separate restrooms are provided; the ladies’ room has two stalls, while the men’s room includes a urinal and one stall.
Situated at 115 West Main Street in downtown Salem, the property is within an Enterprise Zone and TIF3 district. Interstate 57 is approximately five minutes away, with stated drive times to St. Louis, Paducah, Evansville, and Chicago. Built in 1910, the building offers an established commercial setting for a range of mixed-use configurations.
Situated at 115 West Main Street in downtown Salem, the property is within an Enterprise Zone and TIF3 district. Interstate 57 is approximately five minutes away, with stated drive times to St. Louis, Paducah, Evansville, and Chicago. Built in 1910, the building offers an established commercial setting for a range of mixed-use configurations.
Key Highlights
- Nearly 6,000 square feet across two levels
- Partitioned areas on both floors; partitions can be removed for an open layout
- Bar area includes double sinks and small refrigerators
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated interior supports separated offices, retail areas, and private rooms.
Where is this mixed-use property located?
The property is located at 115 West Main Street Salem, IL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Nearly 6,000 square feet across two levels; Partitioned areas on both floors; partitions can be removed for an open layout; Bar area includes double sinks and small refrigerators
