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    Salem, IL
    Shopping Center

    Shopping Centers for Sale in Salem, IL

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. While there is a shortage of Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

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    Opportunities in Nearby Cities

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

    Shopping Center with Signage
    Shopping Center with Signage

    4510 N Illinois St, Swansea, IL 62226

    $980,000
    6,000 sqft 2.47 AC lot

    Includes a developed expansion parcel approved for nine additional units.

    View details
    Shadow-Anchored Retail Shopping Center
    Shadow-Anchored Retail Shopping Center

    5801 Belleville Crossing St, Belleville, IL 62226

    $14,100,000
    86,412 sqft

    86K SF retail center shadow anchored to Target and Home Depot in Belleville, IL, with national tenants including PetSmart and Ross.

    View details
    Shopping Center with Development Lot
    Shopping Center with Development Lot

    4510 N Illinois Street, Swansea, IL 62226

    $980,000
    2.28 AC lot

    Brick retail center with multiple suites and an approved site for additional units.

    View details
    Retail Strip Center with Outparcels
    Retail Strip Center with Outparcels

    7248-7330 Westfield Plaza Dr, Belleville, IL 62223

    Contact for pricing
    297,950 sqft

    Retail center sale includes two separately identified outlying parcels.

    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.

    Development Land Along Interstate
    Development Land Along Interstate

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

    Contact for pricing
    4.86 AC lot

    4.86 acres of development land with interstate frontage.

    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

    Estimated value:
    by Request
    7,000 sqft 0.99 AC lot
    View details
    103 Baldridge Ln
    Lifestyle centers

    103 Baldridge Ln, Salem, IL 62881

    Estimated value:
    by Request
    27,500 sqft 3.33 AC lot
    View details

    Salem, IL Shopping Centers Market Trends and Statistics

    Explore 2 shopping centers for sale in Salem, IL on our real estate platform.

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 4
    Automotive properties 4
    Storefront properties 4
    Grocery and convenience stores 1
    Shopping centers 1

    Demographics Overview

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

    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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