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Conventional Restaurant with Central Air
For Sale
$989,000

2053 W Main Street, Salem, IL 62881

Commercial kitchen includes gas cooking equipment, stainless steel appliances, refrigeration, and exhaust ventilation.

Property Size4,290 SF
Days on Market71

Property Features for 2053 W Main Street

General Information

Standard status Active
Size 4,290 SF

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,267

Amenities

Bathrooms, Cafeteria, Fiber Optic, Fire Alarm, Fire Escape, Front Desk, Kitchen Facilities, Lighting
Accessible Entrance, Accessible Approach with Ramp, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances
Ceiling Fan(s), Central Air, Electric
Electric, Exhaust Fan
ENERGY STAR Qualified Appliances, Stainless Steel Appliance(s), Cooktop, Gas Cooktop, Dishwasher, Disposal, Exhaust Fan, Built-In Freezer, Instant Hot Water, Ice Maker, Convection Oven, Gas Oven, Range Hood, Built-In Range, Gas Water Heater

Building Details

Building Size 4,290 SF
Year Built 2007
Buildings 2
Stories 1
Listed By: Matthew Dowd · License #RASI
Source: Evrealestate
Added: Jul 17 Changed: Sep 22 Last Checked: Sep 24 at 2:59PM

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 Matthew Dowd

Investment Insights

Based on property information with market context.

This conventional restaurant property at 2053 W Main Street includes central air, ceiling fans, electric service, exhaust ventilation, and a kitchen equipped for food preparation. The equipment package includes stainless steel appliances, gas cooking components, a convection oven, built-in range, dishwasher, disposal, built-in freezer, ice maker, instant hot water, and a gas water heater. ENERGY STAR Qualified Appliances are also present.

The property is in Salem, Illinois, in Marion County, approximately 2 miles west of Highway 57 on the left. Constructed in 2007, the building offers an established restaurant-oriented configuration with dedicated kitchen infrastructure and climate-control features.

Key Highlights

  • Restaurant property at 2053 W Main Street, Salem, IL 62881
  • Approximately 2 miles west of Highway 57 on the left
  • Built in 2007

Property Analytics

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Current Use

Five Brothers Cafe Restaurant

Suggested Use

Top Pick Electrical Service Building Supply Locksmith Bakery Grocery & Convenience Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby
Well-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
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial kitchen includes gas cooking equipment, stainless steel appliances, refrigeration, and exhaust ventilation.
Where is this conventional restaurant located?
The property is located at 2053 W Main Street Salem, IL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Restaurant property at 2053 W Main Street, Salem, IL 62881; Approximately 2 miles west of Highway 57 on the left; Built in 2007
More about this property
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