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219 Schwartz St Salem, IL 62881

  • Office Properties & Spaces
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Monster Fitness / Gym

Property Details for 219 Schwartz St

Year built
1950
Property type
Office Properties & Spaces
Property subtype
Land

Description

This well-maintained commercial building presents a rare investment opportunity in Salem, Illinois' desirable downtown area. Located steps from the courthouse, this 1950-built property boasts a 7,000 sq ft lot and offers exceptional flexibility. The building features 26 individual office spaces, ideal for various business needs, along with a large conference room, spacious reception area, dedicated communications room, and a convenient break room. Two restrooms are located on each half of the building. Ample parking is available with on-street parking and an adjacent lot—a rare find in the downtown area. The building's design allows for division into two halves, offering various leasing options from single to multiple office spaces. This prime location and versatile layout make it an attractive investment for businesses seeking a thriving downtown presence. The asking price is $219,000. This is a single building on a 7,000 square foot lot. The property is ready for immediate occupancy and offers a strong return on investment. Don't miss this chance to own a piece of Salem's vibrant downtown.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Illinois
Longitude
-88.9439
Latitude
38.6277
More about this property
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