Salem, IL 62881,121-123 W MAIN ST
Salem, IL 62881,121-123 W MAIN ST
Salem, IL 62881,121-123 W MAIN ST
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$95,000
Est. payment /mo
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7,500 SqFt
Active

121-123 W MAIN ST Salem, IL 62881

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Ariel Manlapaz

Ariel Manlapaz

+1(847) 924-7177

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $12

MLS Listing ID EB452795

Year Built 1940

Annual Tax Amount $3,504

Lot Dimensions 127.5 x 57.5

Property Sub-Type Retail/Stores

Property Description

This beautiful old building is full of history in the downtown Salem district. With some work this gem of a building could be an amazing location for your business. If you are looking to purchase a building as an investment property. Or potentially a place for your business you will want to check this location out. There is quite a bit of income potential. Some former business housed in this space included " The added touch"," Salem Cycles" and "Ritter Farms". The Commercial location includes three separate spaces for three individual businesses or could be combined into one large location on the main level. The main floor Has a newer HVAC unit. The upstairs has four separate rental units one is currently rented for $550 a month the other three units need some TLC to get them in rentable condition. Some plumbing and electrical work has been done. With some vision and some sweat equity this building could be a great investment opportunity! NOTE: Call the City of Salem to discuss availability of Tiff funds and other possible grants available. Call today for your private showing!

Location

State IL

County Marion

Area Salem

Zoning Comme

Interior

Cooling Central Air

Flooring Other, Wood

Fireplace N

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Brick,Stone

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by SIRETHA HOWE of  MIDWEST FARM & LAND 

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 3
  • 6

    Hawthorn Elementary School

    Public | KG - 3

  • 6

    Franklin Park Middle School

    Public | 4 - 8

  • 0

    St Theresa of Avila

    Private | PK - 8

High Schools 1
  • 5

    Salem Community High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Ariel Manlapaz

Ariel Manlapaz

Real Estate Consultant | License ID: 475173895

+1(847) 924-7177

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