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Active - Other for sale

Salem, IL

Facts & features

Other Property type
610 days on Beycome
1983 Year built
35,277 sqft Lot size

Why you’ll love it

  • Metal industrial building
  • Three overhead doors
  • Income-producing rental home

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.

Translating description...

Listings courtesy of SOMER REAL ESTATE as distributed by MLS GRID.

Listed by: JAMES SOMER • SOMER REAL ESTATE

Co-listed by: SOMER REAL ESTATE

Source: MRED as distributed by MLS GRID, MLS#: EB457139 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 10:22 AM EST.

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Affordability

$115,000$245,000
1%20%
0%90%
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Estimated monthly payment

$1,240/mo

  • Mortgage$910
  • Property tax$330
  • HOA fee
  • Homeowners insurance
Due at closing$143,100
Down payment held in escrow$36,000
Closing costs$2,700
beycome credit Est.$3,600

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

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Travel times

About Salem

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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

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 10:22am 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.

$180,000 Listed price

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