1407 W MAIN ST, Salem, IL 62881
1407 W MAIN ST, Salem, IL 62881
1407 W MAIN ST, Salem, IL 62881
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$309,999
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2,533 SqFt
Price Dropped by $60K

1407 W MAIN ST Salem, IL 62881

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,533 sqft

Price per Sqft $122

MLS Listing ID EB458096

Year Built 1977

Annual Tax Amount $10,886

Tax Year 2025

Lot Size 1.000 Acres

Lot Dimensions 128x276 plus additional

Property Sub-Type Retail/Stores

Property Description

Former restaurant located on Highway 50 in Salem. Building has over 2500 square feet including indoor area for seating, kitchen, bar and drive through window. Parking on site. Great location less than a mile from Interstate 57. Leased through December 2026. Some items remaining are tenants property. Amazing opportunity for small business owners, large companies or franchises. Additional grass area south of the parking lot allows for future parking expansion or storage needs. If you are considering buying something with highway frontage, this might be the one.

Location

State IL

County Marion

Area Salem

Zoning B-3

Interior

Cooling Central Air

Flooring Tile

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick,Frame

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Stacey Russell of  SOMER REAL ESTATE 

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Park Place Realty Group LLC

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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