Restaurant with Slot
For Sale
$989,000
2053 W Main Street, Salem, IL 62881
Commercial Sale, Salem, IL
Property SizeContact for details
Lot Size0.67 Acres
Days on Market51
Property Features for 2053 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security
Accessibility
Accessible Approach with Ramp
Appliances
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
Subdivision
Not in a subdivision
Directions
West of Highway 57 2 miles on the left
Standard status
Active
APN
1109300024
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1267
Utilities
Utilities
Cable Available
Heating system
Electric (Heating)
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Flooring type
Tile - Ceramic, Concrete
Building materials
Brick
Listing Agency:
Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
(618) 656-2278
Listed By:
Matthew Dowd
(618) 692-7290
Added: Jul 18
Changed: Sep 4
Last Checked: Sep 6 at 5:06AM
MLS# 26045861
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick restaurant was built in 2007 and includes a commercial kitchen equipped with gas cooking appliances, a convection oven, dishwasher, freezer, ice maker, range hood, and instant hot water. Ceramic tile and concrete flooring are installed throughout, with electric heating and central air conditioning supported by ceiling fans. The building also has a new roof and rooftop AC units.
The property fronts State Highway 50 in Salem, with reported daily traffic ranging from 9,000 to 15,000 vehicles. Public water is available, and the approach includes an accessibility ramp. Slot machines are present, and parcel 110930023 is included with the property.
The property fronts State Highway 50 in Salem, with reported daily traffic ranging from 9,000 to 15,000 vehicles. Public water is available, and the approach includes an accessibility ramp. Slot machines are present, and parcel 110930023 is included with the property.
Key Highlights
- Restaurant building constructed in 2007
- New roof and rooftop AC units
- Commercial kitchen with gas cooking equipment and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
15,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
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 Retail in Midwest region
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Similar Off Market Nearby
- Colonel's Buffet — 101 Baldridge Ln, Salem, IL 62881
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Brick restaurant with central air, rooftop equipment upgrades, commercial kitchen appliances, and an accessible ramp approach.
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 building constructed in 2007; New roof and rooftop AC units; Commercial kitchen with gas cooking equipment and stainless steel appliances
