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Chicago , IL 60634
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Status: Active (For Sale)
Type: Commercial
Lot Size: 0.8 Acres
Year Built: 1983
MLS ID: EB457139


Overview
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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. 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.

Courtesy Of: SOMER REAL ESTATE


Feature Highlights


  • Additional Parcels

General Features


List Date:
03/14/2025

Exterior Features and Amenities


Lot Size Dimensions:
220 x 160.5

Financial


Days On Market:
370
Tax Annual Amount:
$3,633.00
Tax Year:
2024


Directions


From West Main in Salem, turn North on Missouri Ave, Property just North of the Hucks Service Station and convenient mart.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-04-01
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