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Property profile & analytics

219 Schwartz St Salem, IL 62881

  • Commercial real estate
  • 7,000 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Monster Fitness / Gym

Property Details for 219 Schwartz St

Year built
1950
Property size
7,000 SF
Property type
Commercial real estate

Description

This exceptional 7,000 square foot commercial building presents a unique investment opportunity in Salem, IL's vibrant downtown. Ideally situated steps from the courthouse, this property enjoys high visibility and foot traffic, making it perfect for a variety of businesses. The building boasts 26 individual office spaces, offering flexibility for single or multiple tenants. A large conference room is ideal for meetings and presentations, while a spacious reception area ensures a professional welcome for clients. Employee amenities include a dedicated communications room and a convenient break room. Two restrooms are conveniently located on each floor for the building's occupants. Ample parking is a significant advantage, with on-street parking supplemented by an adjacent parking lot – a rare find in a downtown setting. The building's design allows for easy division into two separate halves, providing further adaptability to suit diverse business needs. This well-maintained property is ready for immediate occupancy and offers significant potential for growth and profitability. The asking price is $219,000.

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
-88.9438
Latitude
38.6278
More about this property
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