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Two-Suite Office Building
For Sale
$79,000

300 W CHURCH Street, Salem, IL 62881

Office property with private work areas, support space, covered parking, and an additional parking lot.

Property Size1,113 SF
Days on Market880

Property Features for 300 W CHURCH Street

General Information

Standard status Active
Size 1,113 SF
Property subtype Commercial
Zoning Comme

Additional Details

Office Units 2

Taxes and HOA fees

Annual Taxes $3,201

Amenities

kitchenette
storage

Building Details

Building Size 1,113 SF
Year Built 1972
Buildings 1
Listing Agency: QUINN REALTY AND PROPERTY MANAGEMENT GROUP
Listed By: Cindy Quinn · License #471021459
Source: Birdrealtysells
Added: Apr 3, 2024 Changed: Aug 28 Last Checked: Aug 29 at 10:23AM

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 QUINN REALTY AND PROPERTY MANAGEMENT GROUP

Investment Insights

Based on property information with market context.

This office building, constructed in 1972, includes two large office suites along with a kitchenette and storage area. An oversized safe remains with the property, providing a distinctive existing feature for the next owner.

The property is located at 300 W Church St in Salem, Illinois, two blocks south of West Main Street. Parking includes covered spaces and a large lot, giving the building multiple on-site parking areas for occupants and visitors.

Key Highlights

  • Two large office suites within a 1972 commercial building
  • Kitchenette and dedicated storage area
  • Oversized safe remains with the property

Property Analytics

Current Use

Harness Justin Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Home Appliance Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

2
Office units

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office property with private work areas, support space, covered parking, and an additional parking lot.
Where is this office building located?
The property is located at 300 W CHURCH Street Salem, IL.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: Two large office suites within a 1972 commercial building; Kitchenette and dedicated storage area; Oversized safe remains with the property
More about this property
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