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Active - Other for sale

Salem, IL

Facts & features

Other Property type
601 days on Beycome

Why you’ll love it

Prime Commercial Lot for SALE or LEASE! High Traffic Area, Across from Walmart & KFC ***This is in the Enterprise Zone (EZ)*** 8 year tax abatement on improvements AND Building materials exemption certificate. This .82-acre commercial lot is located in an exceptional, high-traffic area with significant vehicle traffic and an average daily traffic count of 11,200. The property is zoned for commercial use and offers excellent visibility. The seller is willing to **lease** the property and **build to suit** to accommodate your business needs. This lot is ideal for retail, restaurants, service businesses, or any commercial venture looking to take advantage of a prime location with high visibility and traffic. Take advantage of this fantastic opportunity with flexible terms for purchase or lease. It's the perfect location for a variety of business types looking to capitalize on one of the busiest spots in town!

Translating description...

Listings courtesy of Equity Realty Group, LLC as distributed by MLS GRID.

Listed by: Equity Realty Group, LLC

Co-listed by: Equity Realty Group, LLC

Source: Maris MLS as distributed by MLS GRID, MLS#: 25016238 Maris MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

Come see by yourself

Affordability

$145,000$305,000
1%20%
0%90%
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Estimated monthly payment

$1,523/mo

  • Mortgage$1,138
  • Property tax$386
  • HOA fee
  • Homeowners insurance
Due at closing$178,875
Down payment held in escrow$45,000
Closing costs$3,375
beycome credit Est.$4,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$4,500 Credit back

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Discover the neighborhood

Travel times

About Spectra Salem Shopping Center Lot 2

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$225,000 Listed price

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$4,500 Credit back

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