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401 W Main St
Salem, IL 62881
Former Bank Branch · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
13,137 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.17 AC

ABOUT 401 W MAIN ST , SALEM, IL 62881

Subject property is a former bank branch built in the mid 1970' s. This brick building consists of 2,560 SF and a 1,316 SF Canopy with 2 drive through lanes. There are 16 parking spaces on-site and the lot is 1/2 city block. Regions plans to close this branch effective March 24, 2017. Subject property is located on Main St. (US. 50) just west of the downtown Salem. Salem is the county seat of Marion County, located in South Central Illinois. Salem is 75 miles due east of St. Louis MO, 250 miles southwest of Chicago IL, 180 miles southwest of Indianapolis IN, 200 miles west of Louisville KY, and 250 miles northwest of Nashville TN. Traffic Counts: Main St.: 12,300 15,700 VPD College: 2,750 3,350 VPD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1100009420
  • 1100008850
Land Assessment
$82,980
Improvements Assessment
$815,580
Total Assessment
$898,560
  • Listing ID: 6317815

  • Date on Market: 3/16/2017

  • Last Updated:

  • Address: 401 W Main St, Salem, IL 62881

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