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112 N MISSOURI Avenue Salem, IL $ 180,000
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$ 180,000 Get more info
112 N MISSOURI Avenue
$ 180,000
Back to search
Share Save

112 N MISSOURI Avenue

Salem, IL, 62881
$ 180,000
Bedrooms-- Baths-- Sq 3,024

Monthly Estimate*

$ 1,108

112 N MISSOURI Avenue, Salem, IL 62881 - Image 1
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112 N MISSOURI Avenue, Salem, IL 62881 - Image 11
112 N MISSOURI Avenue, Salem, IL 62881 - Image 12

Commercial Property for sale in Salem, IL

for $180,000. This 3,024 square foot building was built in 1983 on a lot size of 0.8.

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. 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.

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Commercial Active

Price

$ 180,000

Property Type

Commercial

Taxes

$ 3,633

Style

Retail

Lot Size

0.8

Year Built

1983

Town/City

Salem

County/Region

Marion

MLS | Web ID

EB457139
Features
General
Cooling None
Utilities Water Available
Roof Metal
Zoning Comme
Construction Materials Frame
Year Built 1983
Electric Other
Stories Count 1
Township Salem
Tax Year 2024
Current Use Commercial Automotive
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Marion
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Possible Use Other
Status Active
Directions From West Main in Salem turn North on Missouri Ave Property just North of the Hucks Service Station and convenient mart.
City Salem
MLS Area Salem
Lot Size Square Feet 35277
Tax Annual Amount 3633
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active
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Interior
Flooring Concrete
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Exterior
Building Area Total 3024
Lot Dimensions 220 x 160.5
Lot Size Acres 0.8
Frontage Type City Street
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* Excluded Features
List By
Somer Real Estate

Broker

somerjt@gmail.com

Email

Affordability Calculator

$1,411
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,108
Monthly Property Taxes
$303
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/12/2026$180,000 -8.40% Price Down
12/19/2025$196,500 Listed Price

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112 N MISSOURI Avenue, Salem, IL, 62881 is a Commercial Property for sale at $180,000 with 3,024 sqft and a lot size of 0.8. 112 N MISSOURI Avenue was built in 1983. The property's zip code is 62881 which is in Salem, IL

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