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$ 65,000
Est. payment /mo
Price Dropped by $4K
120 S BROADWAY AVE Salem, IL 62881
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $16
MLS Listing ID EB458796
Year Built 1877
Annual Tax Amount $3,688
Tax Year 2024
Lot Dimensions 98X32
Property Sub-Type Retail/Stores
Property Description
Step into a piece of local history with this stunning 3-story commercial building, originally constructed in 1877 and offering over 4,000 square feet of versatile space. Located on a prominent downtown corner, this property boasts excellent visibility with two front entrances and large storefront windows-ideal for retail, office, or mixed-use potential. The main level features multiple office spaces and two restrooms, perfect for professional or service-based businesses. Upstairs, the second floor includes three additional office suites, while the expansive third floor offers a blank canvas-ready to be transformed into a studio, event space, apartment, or additional offices. A separate staircase leads to a large utility and storage area, providing functionality without sacrificing aesthetics. A full basement offers even more storage or workspace. With its rich architectural character and unbeatable location, this building is perfect for an investor, entrepreneur, or anyone looking to be part of a vibrant downtown community. Don't miss this rare opportunity to own a piece of history and create something truly special.
Location
State IL
County Marion
Area Salem
Zoning Comme
Interior
Cooling Central Air
Flooring Carpet, Concrete, Tile, Wood
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Brick,Stone,Block
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cindy Quinn of QUINN REALTY AND PROPERTY MANAGEMENT GROUP
NEARBY SCHOOLS & PROPERTIES
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