O'Neil Property Group
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$295,500
489 Days On Site

1407 W MAIN Street
Salem, IL 62881

For Sale|Business|Active
0
Beds
0
Total Baths
2,533
SqFt
$117
/SqFt
1977
Built
County:
Marion
Listing Courtesy of MRED as distributed by MLS Grid of SOMER REAL ESTATE
1407 W MAIN Street1407 W MAIN Street1407 W MAIN Street1407 W MAIN Street
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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.

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Listing Snapshot
Priceย 
$295,500
Days On Siteย 
489 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
2,533 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
1 Acre
Year Builtย 
1977
MLSยฎ Numberย 
EB458096
Statusย 
Active
Property Taxย 
$10,886.32
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLSยฎ
3 weeks agoStatus changed to Active
4 weeks agoPrice changed to $295,500
a year agoListing first seen on site
General Features
Acresย 
1
Property Sub Typeย 
Business
SqFt Totalย 
2533
Zoningย 
B-3
Interior Features
Coolingย 
Central Air
Electricย 
Circuit Breakers
Flooringย 
Tile
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Exterior Features
Construction Detailsย 
BrickFrame
Community Features
MLS Areaย 
Salem
Listing Courtesy of MRED as distributed by MLS Grid of SOMER REAL ESTATE



Based on information submitted to the MLS GRID as of 2026-09-24 06:12 AM 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: 2026-09-24 06:12 AM 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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