Bob Case
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
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
toll free 866-441-1862
Customize Your Rate
| 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 |
Bob Case
REALTOR®
Cell: (563) 340-7514
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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