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Listing provided courtesy of MIDWEST FARM & LANDMREDas Distributed by MLSGrid- MLS# 12690344MLS Provider

Lot 1 S Washington StreetSalem, IL 62881

Vacant Land · 4.27 Acres
$139,900 New

Lot 1 S Washington Street Overview

Time on Site:
1 day
Visits:
0

Exceptional commercial development opportunity! This offering includes five parcels totaling approximately 4.27 acres, providing ample space to bring your business vision to life. Conveniently located with excellent potential for a variety of commercial or mixed-use developments, this property offers the flexibility you've been looking for. Whether you're planning retail, office space, storage facilities, a service business, or another commercial venture, this site is ready for your ideas. All proposed improvements are subject to city approval, zoning requirements, and applicable building permits. Don't miss this rare opportunity to secure a sizable tract with outstanding development potential.

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Lot 1 S Washington Street Facts & Features

  • Type Vacant Land
  • Lot 4.27 Acres

Details

General

School Information

  • School District: 600
  • Elementary School: Hawthorn School
  • Middle Or Junior School: Franklin Park Middle School
  • High School: Salem Community High School

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: Salem
  • Township: Salem

Tax Information

  • Tax Annual Amount: $1,167.08
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1100016990
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 259
  • Frontage Type: City Street
  • Lot Size Acres: 4.27
  • Lot Size Dimensions: 500x5000
  • Road Surface Type: Asphalt

General Information

  • Utilities: Unknown (verify)

Lot 1 S Washington Street Neighborhood

Community

62881 (SALEM) Demographics

42
Median Age
106
Population Density (per sq. mile)
32%
College Educated
$53,239
Estimated Median Income
3,331
Estimated Total Home Owners
1,327
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 1 S Washington Street Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 1 S Washington Street Market Data

Based on the last 30 days in this zip code

$193,728
Average List Price
$117
Average Price per Square Foot
6
Properties Sold
70
Average Days on Market
38
Properties for Sale
Calculations provided by Reliance Network

Lot 1 S Washington Street History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026