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    Salem, IL Commercial Real Estate for Sale

    23 results
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    Highway Frontage Restaurant Opportunity
    $370,000
    1.00 Acre

    Highway Frontage Restaurant Opportunity

    1407 W Main St, Salem, IL 62881

    Former restaurant with drive-through, leased through 2026.

    • Highway 50 frontage location less than a mile from Interstate 57.
    • Leased through December 2026.
    • Building has over 2500 square feet including indoor seating, kitchen, bar, and drive‑through window.
    • Parking on site with additional grass area for future expansion or storage.
    • Central Air and Natural Gas Heating.
    Updated: Nov 28, 2025
    View details
    Turn-Key Restaurant in Downtown Salem
    $195,000

    Turn-Key Restaurant in Downtown Salem

    206 E Main St, Salem, IL 62881

    Updated restaurant space ready for immediate operation in downtown Salem.

    • Turn‑key restaurant ready for immediate operation.
    • Includes all necessary equipment: sinks, ovens, dishes, spacious coolers.
    • Updated space with storage and expansion potential.
    • Prime downtown location near the courthouse and businesses.
    • Suitable for various dining concepts.
    Updated: Oct 31, 2025
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    Commercial Property on Highway 50
    $169,000
    0.31 Acres

    Commercial Property on Highway 50

    Highway-fronting commercial building with shop and office areas.

    1101 W Main St, Salem, IL 62881
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    Downtown Salem Commercial Investment Opportunity
    Pending
    $92,000

    Downtown Salem Commercial Investment Opportunity

    Prime commercial properties in downtown Salem, Illinois, sold as-is.

    122 W Main St, Salem, IL 62881
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    Commercial Land Near I-57 Ramp
    $800,000
    5.20 Acres

    Commercial Land Near I-57 Ramp

    Commercial land for sale near I-57 in Salem, Illinois.

    130 N Hotze Rd, Salem, IL 62881
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    Highway Visible Commercial Acreage
    $196,500
    0.80 Acres

    Highway Visible Commercial Acreage

    Commercial land with highway visibility and existing structures.

    112 N Missouri Ave, Salem, IL 62881
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    Commercial Land on Route 50
    $59,900

    Commercial Land on Route 50

    Three lots with business zoning and development potential.

    799 E Main St, Salem, IL 62881
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    Salem Land Development Opportunity
    $695,000
    12.56 Acres

    Salem Land Development Opportunity

    12.56+/- acres with development potential near I-57.

    Mills Cart Rd, Salem, IL 62881
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    KFC Restaurant Investment Opportunity
    Contact for pricing
    4,783 SF

    KFC Restaurant Investment Opportunity

    NNN leased KFC in Salem, IL with annual rent increases.

    101 Baldridge Ln, Salem, IL
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    Salem Shopping Center: Prime Retail Investment
    $4,482,509
    27,500 SF

    Salem Shopping Center: Prime Retail Investment

    100% Leased, Multi-Tenant Retail Center

    103 Baldridge Ln, Salem, IL 62881
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    Salem Commercial Building - Huge Potential
    $315,000
    4,993 SF

    Salem Commercial Building - Huge Potential

    Versatile 4,993 sq ft building, ideal for many uses.

    400 Pruyn St, Salem, IL 62881
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    Salem Commercial Property - Huge Potential
    $485,000
    24,000 SF

    Salem Commercial Property - Huge Potential

    24,000 sq ft, 2.2 acres, high traffic area

    121 Westgate Ave, Salem, IL 62881
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    Salem IL Commercial Property
    $180,000
    1,960 SF

    Salem IL Commercial Property

    Two Buildings, 1.29 Acres, B3 Zoning

    2010 Mitchell St, Salem, IL 62881
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    Downtown Salem Commercial Gem
    $65,000
    5,184 SF

    Downtown Salem Commercial Gem

    High-potential 5,184 sq ft commercial space

    119 Main St, Salem, IL 62881
    View details
    Salem Main Street Commercial Building
    $86,500
    2,700 SF

    Salem Main Street Commercial Building

    Prime Salem location, 2700 sq ft, great potential.

    207 Main St, Salem, IL 62881
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    Salem Commercial Building - Prime Location
    $96,000
    1,113 SF

    Salem Commercial Building - Prime Location

    Downtown Salem, IL - Versatile Commercial Space

    300 Church St, Salem, IL 62881
    View details
    \
    $95,000
    7,500 SF

    \"" Salem Cycles\"" and \""Ritter Farms\"". The Commercial location includes three separate spaces for three individual businesses or could be combined into one large location on the main level. The main floor Has a newer HVAC unit. The upstairs has four separate rental units one is currently rented for $550 a month the other three units need some TLC to get them in rentable condition. Some plumbing and electrical work has been done. With some vision and some sweat equity this building could be a great investment opportunity! NOTE: Call the City of Salem to discuss availability of Tiff funds and other possible grants available. Call today for your private showing!""""}"""

    Historic Salem Commercial Building

    121-123 Main St, Salem, IL 62881
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    Downtown Salem Commercial Building
    $219,000
    7,000 SF

    Downtown Salem Commercial Building

    Prime location, 26 offices, high traffic.

    219 Schwartz St, Salem, IL 62881
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    206 Main St, Salem, IL 62881
    $205,000
    3,168 SF

    206 Main St, Salem, IL 62881

    Commercial real estate • 3,168 SF

    206 Main St, Salem, IL 62881
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    Salem Commercial Property - $159K
    $159,000

    Salem Commercial Property - $159K

    Prime Commercial Land & Building in Salem, IL

    1101 Main St, Salem, IL 62881
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    Downtown Salem Restaurant - Turnkey!
    $205,000

    Downtown Salem Restaurant - Turnkey!

    Established Restaurant, Updated, Ready to Go!

    206 Main St, Salem, IL 62881
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    Historic Salem Commercial Building
    $95,000

    Historic Salem Commercial Building

    Prime Downtown Location, High Income Potential

    121-123 Main St, Salem, IL 62881
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    Salem, IL Commercial Property: Two Storefronts
    $110,000

    Salem, IL Commercial Property: Two Storefronts

    Prime Retail Space, High Traffic, $110,000

    1443 Whittaker St, Salem, IL 62881
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Salem, IL

    Salem, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 23 commercial real estate for sale in Salem, IL, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 1,183,525 square feet of properties for sale, with an estimated market value of $7,779,509.

    Sale prices for business properties in Salem, IL start at $86,500, averaging $777,950, and reaching up to $4,482,509 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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