O'Neil Property Group
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$229,000
80 Days On Site

115 W Main Street
Salem, IL 62881

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
5,638
SqFt
$41
/SqFt
1910
Built
County:
Marion
Listing Courtesy of MRED as distributed by MLS Grid of Equity Realty Group
115 W Main Street115 W Main Street115 W Main Street115 W Main Street
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Monthly Payment (Est.)

$1,045
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115 W Main St, Salem, IL Prime commercial opportunity located in the heart of downtown Salem. THIS IS in the Enterprise Zone & TIF3 Just 5 minutes from I-57, this property offers convenient access to surrounding cities including St. Louis (1 hour 20 minutes), Paducah, KY (1 hour 55 minutes), Evansville, IN (1 hour 52 minutes), and Chicago (3 hours 49 minutes). This B-2 zoned commercial building offers nearly 6,000 square feet of space and has been home to several successful businesses throughout the years. With its downtown location and strong commercial presence, the property provides excellent visibility and accessibility for a wide variety of business opportunities. The building has seen several updates in recent years and is in very good condition, offering a solid foundation for its next owner or business venture. Inside you will find a bar area equipped with double sinks and small refrigerators, along with two separate restrooms. The ladies restroom includes two stalls, while the men's restroom features a urinal and one stall. Both levels of the building currently include partitioned spaces that allow for separation of rooms, making it ideal for offices, retail sections, or private areas. These partitions could also be removed if a more open floor plan is desired. With substantial square footage, flexible interior layout, and established B-2 zoning, this property offers excellent potential for a variety of uses including restaurant, bar, retail, office space, event venue, or other service-based businesses.

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Listing Snapshot
Priceย 
$229,000
Days On Siteย 
80 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
5,638 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
1910
MLSยฎ Numberย 
12585407
Statusย 
Active
Property Taxย 
$2,204
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLSยฎ
2 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Additional Property Useย 
Commercial
Foundationย 
Concrete Perimeter
Number Of Storiesย 
2
Property Sub Typeย 
Mixed Use
SqFt Totalย 
5638
Zoningย 
COMMR
Interior Features
Coolingย 
Central Air
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Exterior Features
Construction Detailsย 
BlockSteel SidingBrickGlass
Roofย 
Other
Community Features
MLS Areaย 
Salem
Townshipย 
Salem
Listing Courtesy of MRED as distributed by MLS Grid of Equity Realty Group



Based on information submitted to the MLS GRID as of 2026-05-26 06:53 PM UTC. 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.
Last checked: 2026-05-26 06:53 PM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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