For Sale
$95,000
121-123 Main St Salem, IL 62881
Prime Downtown Location, High Income Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Asking Price: $95,000
- Property Type: Land, Office, Retail Building (1940 construction) with three main-level commercial spaces and four upper-level residential units.
- Located at 121-123 W MAIN Street, Salem, IL 62881.
- Main level features a newer HVAC unit and potential for single or multi-tenant occupancy.
- Upper level includes four residential units; one currently rented for $550/month, others needing renovation. Partial plumbing and electrical updates completed.
- Potential for significant income generation; explore TIF funds and grants from the City of Salem.
Property Details for 121-123 Main St
- Property type
- Retail properties, Office properties
- Year Built
- 1940
- Buildings
- 1
Location Insight
- City
- Salem
- County
- Marion
- State
- Illinois
- Latitude
- 38.6269501
- Longitude
- -88.9464311
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime Downtown Location, High Income Potential
- Where is the retail property located?
- The property is located at 121-123 Main St Salem, IL.
- What is the asking price?
- The asking price for this property is $95,000.
- What are key features of this property?
- This property features: Asking Price: $95,000; Property Type: Land, Office, Retail Building (1940 construction) with three main-level commercial spaces and four upper-level residential units.; Located at 121-123 W MAIN Street, Salem, IL 62881.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].