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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 65,000

Est. payment -/mo

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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

Listed by Cindy Quinn of QUINN REALTY AND PROPERTY MANAGEMENT GROUP

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

My Recent Experience with an Unauthorised Land Seller About 6 months ago, I received an email from (let's call him) Charlie. A "nothing out of the ordinary" email from a common (and mildly validating) charlie.....@hotmail stating: "I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell the lot. If you could please provide me with a market valuation, that would be great. We are looking to make a quick decision on this. Thank you, Charlie"

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005, USA