Updated Turn-Key Restaurant
For Sale
$185,000
206 E MAIN Street #206 & 208, Salem, IL 62881
Updated restaurant space offered turn-key with sinks, ovens, dishes, coolers, and storage for an easy start.
Property Size3,168 SF
Days on Market299
Property Features for 206 E MAIN Street #206 & 208
General Information
Standard status
Active
Size
3,168 SF
Property subtype
Commercial
Zoning
Comme
Taxes and HOA fees
Annual Taxes
$2,104
Building Details
Building Size
3,168 SF
Year Built
1920
Stories
1
Listing Agency:
SOMER REAL ESTATE
(618) 548-5123
Listed By:
Stacey Russell · License #471017953
(618) 548-5123
Source:
Birdrealtysells
Added: Oct 27, 2025
Changed: Aug 8
Last Checked: Aug 20 at 1:50PM
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.
This updated, turn-key restaurant property is ready for immediate occupancy, with included equipment and supplies to support day-one operations. The space includes sinks, ovens, dishes, spacious coolers, and ample storage, with room described for expansion.
Located at 206 E MAIN Street #206 & 208 in Salem, IL 62881, the restaurant is positioned close to the courthouse and other surrounding businesses, supporting steady local demand during the workday.
The available layout covers two suites (#206 and #208) and is being offered as a complete setup, intended to simplify opening and reduce start-up sourcing needs.
Located at 206 E MAIN Street #206 & 208 in Salem, IL 62881, the restaurant is positioned close to the courthouse and other surrounding businesses, supporting steady local demand during the workday.
The available layout covers two suites (#206 and #208) and is being offered as a complete setup, intended to simplify opening and reduce start-up sourcing needs.
Key Highlights
- Updated restaurant space
- Built in 1920
- Includes restaurant supplies such as sinks, ovens, dishes, and spacious coolers
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Joe's Pizza
Dining
1,567 visits/mo
0.5 miles
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Updated restaurant space offered turn-key with sinks, ovens, dishes, coolers, and storage for an easy start.
Where is this conventional restaurant located?
The property is located at 206 E MAIN Street #206 & 208 Salem, IL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Updated restaurant space; Built in 1920; Includes restaurant supplies such as sinks, ovens, dishes, and spacious coolers
