1407 W MAIN Street
Salem, IL
$309,999
1407 W MAIN Street
Salem, IL 62881
$309,999
Reduced $140,001List Price
Studio
Layout
About This Property
Former restaurant located on Highway 50 in Salem. Building has over 2500 square feet including indoor area for seating, kitchen, bar and drive through window. Parking on site. Great location less than a mile from Interstate 57. Leased through December 2026. Some items remaining are tenants property. Amazing opportunity for small business owners, large companies or franchises. Additional grass area south of the parking lot allows for future parking expansion or storage needs. If you are consideri...
Property Details
Key Facts
Price reduced
$309,999
−$60,001
May 29, 2026
Price increased
$370,000
+$60,001
May 28, 2026
Price reduced
$309,999
−$60,001
May 25, 2026
Price increased
$370,000
+$60,001
May 23, 2026
Price reduced
$309,999
−$19,001
May 20, 2026
Price reduced
$329,000
−$20,000
Apr 2, 2026
Price reduced
$349,000
−$21,000
Feb 20, 2026
Listed for sale
MLS #MRDEB458096
$450,000
May 23, 2025
Mortgage Estimate
$2,475
/monthLocation
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1407 W MAIN Street, Salem, IL 62881
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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.
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