$180,000
( $59.52Per Sq Foot )
 $966 est/mo Sourced by Back At You

112 N Missouri Avenue,Salem, IL 62881

Salem, IL 62881

Share:

PreviousNext

Description

Prime Commercial Development Opportunity in Salem, IL * High Visibility: line-of-sight from both US Highway 50 and Interstate 57. * Expansive Lot: 0.8 acres boasting an impressive 220' of road frontage. * Industrial Base: 3,024 sq. ft. metal building ready for commercial operations, built in 1983 with an addition in 1997. *2026 Roof Maintenance: Professionally power washed, rust-treated, and sealed with high-performance Sherwin-Williams coating. *3 overhead doors and gravel lot. . * Strategic Growth: Located within Salem's proposed TIF District 4 * Extra Asset: Includes a 1,000 sq. ft. home (built 1952) currently serving as an income-producing rental. * Infrastructure Ready: Public sewer and water are available on-site. This property offers an exceptional footprint for a Class A commercial structure and business. Whether you are looking to utilize the existing industrial facility, capitalize on the rental income, or develop a brand new high-traffic commercial enterprise, the location and frontage provide great potential.

Details

MLS #EB457139
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1983
Days On Site534
Listing Provided BySOMER REAL ESTATE | JAMES SOMER

Features

SQ Feet3,024
Story(s)1
ZoningComme
Acreage0.80

Interior

CoolingNone

Exterior

RoofMetal
Construction MaterialsFrame

Utilities

UtilitiesWater Available
ElectricOther

Taxes

Tax Year2025
Tax Annual Amount3958

Area Information

StateIL
CountyMarion
CitySalem
Zip Code62881
AreaSalem
Listing VS Median (in 62881)
Price:
$180,000
low | high
Med:
$173,250
53.75% of Average
sqft:
3,024
low | high
Med:
1,978
84.606481481481% of Average
$ / sqft:
$60
low | high
Med:
$88
2% of Average
On site:
534
low | high
Med:
39.5
100% of Average
Sourced by Back At You

Market Activity 62881

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Daniel & Associates Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.

Contact

Learn More About This Property

Cora Coonich

Cora Koren Coonich

Daniel and Associates Real Estate

475161422 (630) 808-2994cora@daare.com
StateIL
CountyMarion
CitySalem
Zip Code62881
AreaSalem
Listing VS Median (in 62881)
Price:
$180,000
low | high
Med:
$173,250
53.75% of Average
sqft:
3,024
low | high
Med:
1,978
84.606481481481% of Average
$ / sqft:
$60
low | high
Med:
$88
2% of Average
On site:
534
low | high
Med:
39.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $135K - $225K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
1407 W MAIN Street Property Photo 1
$309,999
1407 W Main Street
Salem, IL 62881
Listing Updated: July 28, 2026 at 10:53:24 AM PDT