107 E Main Street
Salem, IL 62881

$125,000

Description

Location is everything with this income producing property in downtown Salem. Main floor currently houses an eat in restaurant with specialty coffees. Building & assets being sold together. Upstairs there are (2) two bedroom 1 bath rent units with possibility of a 3rd 1 bedroom 1 bath unit on main level. Ample on street parking with 3 spaces in the back for rental units.PRE APPROVAL LETTER REQUESTED WITH OFFER. Owner is willing to work with potential buyers on contract for deed.

Details

MLS#427565
Sub-TypeResale
StatusActive
Year1924
Days On Site110

Features

SQ Feet4,312
Story(s)1

Additional Information

Tax Exemption0
Tax Year2018
Approximate Taxes1930.00

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Area Information

StateIL
CountyMarion
CitySalem
Zip Code62881
CountyMarion
Listing VS Median (in 62881)
Price:
$125,000
low | high
Med:
$89,000
78.8% of Average
SqFt:
4,312
low | high
Med:
2,909
82.537105751391% of Average
$ / SqFt:
$29
low | high
Med:
$31
44.460501890685% of Average
On Site:
110
low | high
Med:
291
37.800687285223% of Average
Listing Updated: 08/25/2019
MLS Number: 427565
Listing Provided By:
Cindy Quinn-Wood  of  Jeff Dunahee Realty

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