For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Restaurants
1
  • Retail
  • Office
  • Residential Income
  • Restaurants
  • Industrial
  • Mixed-Use
  • Hospitality
  • Health Care
  • Sports & Entertainment
  • Land
  • Agricultural
  • Specialty
Price
Price range
$
$
Size
Property size / sq.ft.

Salem, IL Restaurants for Sale

Notify Me
List
Map
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
View details
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
View details
Downtown Salem Restaurant - Turnkey!
$205,000

Downtown Salem Restaurant - Turnkey!

Established Restaurant, Updated, Ready to Go!

206 Main St, Salem, IL 62881
View details
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Established Restaurant Opportunity
Contact for pricing
2,070 SF

Established Restaurant Opportunity

Restaurant property with strong sales and sub-5% rent-to-sales ratio.

1077 W Broadway, Centralia, IL 62801
View details
Versatile Commercial Property in Centralia
$300,000

Versatile Commercial Property in Centralia

Highly visible commercial property with flexible space and recent updates.

705 S Poplar St, Centralia, IL 62801
View details
Knuckleheads Restaurant - Mt. Vernon, IL
$495,000
1,800 SF

Knuckleheads Restaurant - Mt. Vernon, IL

Turnkey Restaurant, Prime Location, High Profits

416 Main St, Mount Vernon, IL 62864
View details
Former QSR with Drive-Thru
Contact for pricing
3,376 SF

Former QSR with Drive-Thru

Free-standing restaurant with drive-thru and kitchen infrastructure included.

1600 Broadway St, Mount Vernon, IL 62864
View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

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
View details

Salem, IL Restaurants Investment Opportunities Market Analysis

Explore 4 restaurants for sale in Salem, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 43,560 square feet of properties for sale, with an estimated market value of $370,000.

Sale prices for restaurant properties in Salem, IL start at $370,000, averaging $370,000, and reaching up to $370,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map