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Listing provided courtesy of SOMER REAL ESTATEMREDas Distributed by MLSGrid- MLS# EB457139MLS Provider

112 N MISSOURI AvenueSalem, IL 62881

Commercial · 3,024 Sq. ft. | 0.80 Acres
$180,000 Active

112 N MISSOURI Avenue Overview

Time on Site:
193 days
Visits:
0

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.

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112 N MISSOURI Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,024
  • Price/Sq.ft. $60
  • Lot 0.80 Acres

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 1983

Business Information

  • Business Type: Retail
  • Current Use: Commercial,Automotive

Location/Region

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

Tax Information

  • Tax Annual Amount: $3,633.00
  • Tax Year: 2024

General Information

  • Parcel Number: 1110000097
  • Possible Use: Other
  • Property Type: Commercial Sale
  • Zoning: Comme

Interior

Building Interior

  • Building Area Total: 3024

General Information

  • Cooling: None
  • Electric: Other
  • Flooring: Concrete
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 3024

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Acres: 0.8
  • Lot Size Dimensions: 220 x 160.5
  • Lot Size Square Feet: 35277

Building Exterior/Construction

  • Construction Materials: Frame
  • Roof: Metal

General Information

  • Utilities: Water Available

112 N MISSOURI Avenue 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.

112 N MISSOURI Avenue 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.

112 N MISSOURI Avenue 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

112 N MISSOURI Avenue History

Date Event Value Agent
5/23/2026Source: MRED Price Reduction
$180,000 -8.4%
5/22/2026Source: MRED Price Increase
$196,500 9.2%
3/17/2026Source: MRED Status Change
Active
3/12/2026Source: MRED Price Reduction
$180,000 -8.4%
3/12/2026Source: MRED Status Change
Price Change
12/18/2025Source: MRED Added to Database
December 18, 2025