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Updated Restaurant with Equipment
For Sale
$185,000

206 E Main Street 206 & 208, Salem, IL 62881

Existing food-service improvements include sinks, ovens, dishes, coolers, and storage.

Property Size3,168 SF
Price / SF$58.40
Days on Market38

Property Features for 206 E Main Street 206 & 208

General Information

Standard status Active
Size 3,168 SF

Additional Details

Equipment Included Yes

Building Details

Year Built 1920
Listing Agency: SOMER REAL ESTATE
Listed By: Stacey Russell · License #471017953
Source: Liveliferealty
Added: Jul 24 Changed: Aug 28 Last Checked: Aug 29 at 12:14PM

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 3,168-square-foot restaurant property at 206 E Main Street includes an updated food-service layout with sinks, ovens, dishes, spacious coolers, and storage areas. The building dates to 1920, providing an established commercial setting for restaurant operations.

The property is located near the courthouse and other businesses, supporting access to an active business-area environment. Addressed as 206 E Main Street 206 & 208, the site also includes room for expansion within the existing space.

Key Highlights

  • 3,168‑square‑foot restaurant property
  • Updated food‑service space with sinks, ovens, dishes, and spacious coolers
  • Storage areas included within the restaurant layout

Property Analytics

Current Use

Gozia Law Firm ... Law Firm

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 60% Dining 40%
MotoMart Shops & Services
9,905 visits/mo 0.4 miles
Hardee's Dining
6,905 visits/mo 0.4 miles
Phillips 66 Shops & Services
2,048 visits/mo 0.3 miles
Joe's Pizza Dining
1,567 visits/mo 0.0 miles
Napa Auto Parts Shops & Services
526 visits/mo 0.4 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing food-service improvements include sinks, ovens, dishes, coolers, and storage.
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: 3,168‑square‑foot restaurant property; Updated food‑service space with sinks, ovens, dishes, and spacious coolers; Storage areas included within the restaurant layout
More about this property
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