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Mixed-Use Property With Warehouses
For Sale
Contact for pricing
Pending

121 WESTGATE Avenue, Salem, IL 62881

B-3-zoned commercial campus with multiple buildings, storage units, offices, and warehouse facilities.

Property Size24,000 SF
Lot Size2.20 Acres
Days on Market663

Property Features for 121 WESTGATE Avenue

General Information

Standard status Pending
Size 24,000 SF
Lot size 2.20 Acres
Property subtype Retail, Self Storage, Industrial, Office
Zoning B-3

Additional Details

Road Access Yes
Self-Storage Units 6

Building Details

Buildings 5
Listing Agency: QUINN REALTY AND PROPERTY MANAGEMENT GROUP
Listed By: Cindy Quinn · License #471021459
Source: Crexi
Added: Nov 5, 2024 Changed: Aug 30 Last Checked: Aug 30 at 6:47AM

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 QUINN REALTY AND PROPERTY MANAGEMENT GROUP

Investment Insights

Based on property information with market context.

Located at 121 Westgate Avenue in Salem, Illinois, this B-3-zoned mixed-use property comprises five buildings totaling 24,000 square feet on 2.2 acres. The main building, warehouse, and office components account for 12,000 square feet, while additional structures provide showroom, storage, and warehouse space.

The site includes six self-storage units, rear-building access from a gravel drive, city street access, and additional parking areas. Warehouse improvements feature drive-up and drive-through areas, large overhead doors, sliding doors, and multiple loading points. The main building has two manual 10-foot by 9-foot overhead doors. A roof installed in 2018 is accompanied by a transferable warranty.

Key Highlights

  • 24,000 square feet across 5 buildings on a 2.2‑acre lot
  • B‑3 zoning with city street access and a rear gravel drive
  • Main building, warehouse, and office components total 12,000 square feet

Property Analytics

Current Use

Rollinson's Home Center ... Building Supply

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Electrical Service Gym & Fitness Center

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
Paved road access

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - B-3-zoned commercial campus with multiple buildings, storage units, offices, and warehouse facilities.
Where is this mixed-use property located?
The property is located at 121 WESTGATE Avenue Salem, IL.
What are key features of this property?
This property features: 24,000 square feet across 5 buildings on a 2.2‑acre lot; B‑3 zoning with city street access and a rear gravel drive; Main building, warehouse, and office components total 12,000 square feet
(618) 322-6911 Call to check price and availability
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