120 S BROADWAY Salem, IL $ 69,000
120 S BROADWAY
$ 69,000
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120 S BROADWAY

Salem, IL, 62881
$ 69,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 430

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Commercial Property for sale in Salem, IL

for $69,000. This 4,000 square foot building was built in 1877.

Step into a piece of local history with this stunning 3-story commercial building, originally constructed in 1877 and offering over 4,000 square feet of versatile space. Located on a prominent downtown corner, this property boasts excellent visibility with two front entrances and large storefront windows-ideal for retail, office, or mixed-use potential. The main level features multiple office spaces and two restrooms, perfect for professional or service-based businesses. Upstairs, the second floor includes three additional office suites, while the expansive third floor offers a blank canvas-ready to be transformed into a studio, event space, apartment, or additional offices. A separate staircase leads to a large utility and storage area, providing functionality without sacrificing aesthetics. A full basement offers even more storage or workspace. With its rich architectural character and unbeatable location, this building is perfect for an investor, entrepreneur, or anyone looking to be part of a vibrant downtown community. Don't miss this rare opportunity to own a piece of history and create something truly special.

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Commercial Active

Price

$ 69,000

Property Type

Commercial

Taxes

$ 3,688

Style

Year Built

1877

Town/City

Salem

County/Region

Marion

MLS | Web ID

EB458796

Features
General
Cooling Central Air
Zoning Comme
Construction Materials Block Brick Stone
Year Built 1877
County Marion
Property Type Commercial Sale Retail/Stores
Possible Use Office Other
Status Active
Directions From Rt 50 turn south on broadway property is on the east side of Broadway
City Salem
MLS Area Salem
Tax Annual Amount 3688.12
Standard Status Active
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Interior
Flooring Carpet Concrete Tile Wood
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Exterior
Building Area Total 4000
Frontage Type City Street
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* Excluded Features
List By
Quinn Realty And Property Management Group

Broker

cindy@callquinnrealty.com

Email

Affordability Calculator

$738
Per Month
58%
42%
0%
Monthly Principal & Interest
$430
Monthly Property Taxes
$307
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
Pricing History
DatePricePrice ChangeDescription
12/19/2025$69,000 Listed Price

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120 S BROADWAY, Salem, IL, 62881 is a Commercial Property for sale at $69,000 with 4,000 sqft. 120 S BROADWAY was built in 1877. The property's zip code is 62881 which is in Salem, IL