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Restaurant with Kitchen Equipment
For Sale
$185,000

206 E MAIN Street #206 & 208, Salem, IL 62881

Existing sinks, ovens, dishware and coolers are included in the food-service space.

Property Size3,168 SF
Price / SF$58.40
Days on Market365

Property Features for 206 E MAIN Street #206 & 208

General Information

Standard status Active
Size 3,168 SF
Property subtype Commercial
Zoning Comme

Additional Details

Equipment Included Yes

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
Listed By: Stacey Russell · License #471017953
Source: Fishmangroup
Added: Oct 27, 2025 Changed: Oct 25 Last Checked: Oct 26 at 3:53AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The updated restaurant at 206 E Main Street includes 3,168 square feet, with sinks, ovens, dishes, coolers and storage. The building dates to 1920, and the space also offers room to expand.

The property is in downtown Salem, near the courthouse and other businesses.

Key Highlights

  • 3,168‑square‑foot restaurant property
  • Updated interior with sinks, ovens, dishes and coolers
  • Storage space and room to expand

Property Analytics

Current Use

Conventional restaurants

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing sinks, ovens, dishware and coolers are included in the food-service space.
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 interior with sinks, ovens, dishes and coolers; Storage space and room to expand
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