0a Little Egypt Lane Salem, IL 62881 • Land - Residential • New $178,500

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