AbodeABODE

120 S BROADWAY Avenue

Salem, IL 62881

120 S BROADWAY Avenue, Salem, IL 62881 — exterior front view
120 S BROADWAY Avenue, Salem, IL 62881 — exterior view
120 S BROADWAY Avenue, Salem, IL 62881 — exterior view

120 S BROADWAY Avenue

Salem, IL

$65,000

ActiveMLS #MRDEB458796

120 S BROADWAY Avenue

Salem, IL 62881

$65,000

Reduced $15,000

List Price

Studio

Layout

About This Property

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 flo...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Days on Market319
Building
StyleOther
Year Built1877
Lot Size98X32
CountyMarion
CoolingCentral Air
FlooringCarpet, Concrete, Tile, Wood
ExteriorBrick, Stone, Block
Lot Dimensions98X32
MLS #MRDEB458796
Days on Market319
List DateJuly 11, 2025
StatusActive
Annual Taxes$3,688
Listing Courtesy OfQUINN REALTY AND PROPERTY MANAGEMENT GROUP

Price reduced

$65,000

$4,000

May 25, 2026

Price increased

$69,000

+$4,000

May 23, 2026

Price reduced

$65,000

$4,000

Mar 31, 2026

Listed for sale

MLS #MRDEB458796

$80,000

Jul 11, 2025

Mortgage Estimate

$636

/month
Principal & Interest
$329
Property Taxes
$307
20% · $13,000
6.5%

Location

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120 S BROADWAY Avenue, 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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