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    Salem, IL
    Retail

    Salem, IL Retail Properties & Spaces for Sale

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    Odin, IL Iuka, IL Sandoval, IL
    Fully Occupied Salem Retail Center
    Updated: Apr 3
    Fully Occupied Salem Retail Center

    103 Baldridge Ln, Salem, IL 62881

    $4,231,500
    27,500 sqft · 3.33 AC lot
    100% Occupancy Rate with Triple‑Net Leases
    Anchored by Dollar Tree with a Diverse Tenant Mix
    Shadow‑Anchored by Walmart Supercenter
    High Traffic Location: Over 15,645 Vehicles Per Day
    Located off Highway 50 (West Main Street) near Interstate 57
    View details
    Automotive Shop Building with Paint Booth
    Updated: Jun 9
    Automotive Shop Building with Paint Booth

    225 S Marshall Street, Salem, IL 62881

    $45,000
    0.35 AC lot
    Building built in 1923 with concrete flooring
    Oversized lot with garage doors on the side for vehicle storage or pull‑through use
    Includes a small office space
    Full‑sized paint booth already in the building
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    Retail/Office Building in Salem
    Retail/Office Building in Salem

    207 E MAIN Street, Salem, IL 62881

    $86,500
    2,700 sqft · 0.08 AC lot

    Retail/office building in Salem's business district with Main Street frontage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Freestanding Retail Building For Sale
    Freestanding Retail Building For Sale

    130 N 44th St, Mount Vernon, IL 62864

    $1,204,167
    4,190 sqft

    4,190 SF retail building in Mount Vernon, Illinois.

    View details
    Established Restaurant Opportunity
    Established Restaurant Opportunity

    1077 W Broadway, Centralia, IL

    $2,263,500
    2,070 sqft · 36.44 AC lot

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

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    Retail Investment Opportunity
    Retail Investment Opportunity

    1301-1309 W. Broadway, Centralia, IL 62801

    $3,818,473

    Retail property with national tenants in a dense retail corridor.

    View details
    Retail Property in Mount Vernon
    Retail Property in Mount Vernon

    3300 Broadway St, Mount Vernon, IL

    $808,000
    1.65 AC lot

    Retail property available for sale in Mount Vernon, Illinois.

    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.

    2.61-Acre Commercial Parcel For Sale
    2.61-Acre Commercial Parcel For Sale

    200 North Brooks Avenue, Centralia, IL 62801

    $530,000
    2.61 AC lot

    2.61-acre commercial parcel in B-3 district with high traffic.

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    Development Land Along Interstate
    Development Land Along Interstate

    207 & 301 N 44TH ST, Mount, Vernon, IL 62864

    $1,215,000
    4.86 AC lot

    4.86 acres of development land with interstate frontage.

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    B-2 Zoned Development Parcel
    B-2 Zoned Development Parcel

    1526 Perkins Ave, Mount Vernon, IL 62864

    Contact for pricing
    0.17 AC lot

    B-2 secondary business lot in Mount Vernon, IL, suited for retail, office, or service development.

    View details
    Commercial Land with Building
    Commercial Land with Building

    402 W Johnson St, Pocahontas, IL 62275

    $795,000
    3,200 sqft · 3.24 AC lot

    3.24 acres with 3,200 sq ft building near I-70.

    View details

    Off-Market Properties in Salem, IL

    Consider similar Off-Market properties in Salem, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    612 Main St
    Neighborhood centers

    612 Main St, Salem, IL 62881

    Value Estimation by Request
    7,000 sqft · 0.99 AC lot
    View details
    103 Baldridge Ln
    Lifestyle centers

    103 Baldridge Ln, Salem, IL 62881

    Value Estimation by Request
    27,500 sqft · 3.33 AC lot
    View details
    121-123 Main St
    Retail properties & Spaces

    121-123 Main St, Salem, IL 62881

    Value Estimation by Request
    View details

    Salem, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 6 retail properties & spaces for sale in Salem, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 34,983 square feet of properties for sale, with an estimated market value of $6,332,774.

    Sale prices for stores in Salem, IL start at $86,500, averaging $2,110,924, and reaching up to $4,242,500 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1
    Automotive properties 1
    Shopping centers 1
    Storefront properties 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.5%
    Median Household Income $69,025
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62881 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 8.34%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

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