Contact us: 563.441.1776
Description
Great opportunity to own this 0.714-acre parcel in a prime location on the west side of Salem! Situated near the interstate and by new development, this property offers an excellent opportunity for investors, developers, or business owners looking to establish themselves in an area seeing continued investment. With convenient access to the interstate and nearby businesses, the location provides plenty of potential for future development. Adding even more value, the property is located within both the Salem/Marion County Enterprise Zone and a City of Salem TIF District. These designations may provide valuable development incentives, including sales tax exemptions on qualifying building materials and potential TIF assistance for eligible development or redevelopment expenses. Buyers are encouraged to contact the City of Salem to discuss project-specific eligibility, available incentives, and approval requirements. With its strategic location, proximity to new development, and potential financial incentives, this parcel is a great opportunity to invest in Salem's future. Bring your plans and explore the possibilities!
Property Highlights
Property Type: Land - Residential
Total Acres: 0.71 Acres
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
General Information
County: Marion
High School: Salem Community High School
Listed By:
CAPPS REALTY
618-204-5260
MRED MLS
MLS ID: 12805427
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0a Little Egypt Lane, Salem, IL 62881.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $178,500 | $178,500 | $178,500 |
| Down Payment | $35,700 | $6,248 | $44,625 |
| Monthly Mortgage Amount | $926 | $1,151 | $1,148 |
| Taxes | $248 | $248 | $248 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $79 | $0 |
| Monthly Estimated Total | $1,274 | $1,578 | $1,496 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/15/2026. The listing information on this page last changed on 11/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 11/15/2026 12:03:21 AM EST) or MRED MLS (last updated Sat 11/14/2026 11:54:59 PM EST) or SCWMLS (last updated Sat 11/14/2026 11:55:44 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 11/14/2026 10:15:31 PM EST) or Cedar Rapids MLS (last updated Sat 11/14/2026 10:45:14 PM EST) or NEIRBR MLS (last updated Sat 11/14/2026 11:58:40 PM EST) or ICAAR MLS (last updated Sat 11/14/2026 11:37:33 PM EST) or ECIMLS (last updated Sat 11/14/2026 8:33:19 AM EST) or RMLSA (last updated Sun 11/15/2026 12:00:57 AM EST) or Muscatine MLS (last updated Sun 11/15/2026 12:00:08 AM EST) or No Coast MLS (last updated Sat 11/14/2026 11:54:19 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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