123 E Main St, Salem, IL 62881 Property Records

Marion County property record for 123 E Main St, Salem, IL 62881 · Last verified July 2026

Property Summary

Property TypeCommercial
Lot Size0.098 acres (4,308 sqft)
OwnerCompany Name on File
Last Sale$130,500 (Mar 2017)
Tax Bill$2,397 (2025)
Deeds & MortgagesMar 2013 Mortgage
Mar 2026 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN1100008480

Property Details

APN / Parcel Number

Primary APN1100008480

Exterior

Lot Area4,308 sqft (0.098 acres)

Location & Zoning

Street Address123 E MAIN ST
CitySALEM
StateIL
Zip62881-2924
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionO. T. 36' E 1/2 LOT 4 BLOCK 1 SQUARE 4
Legal SubdivisionORIGINAL TOWN
Legal Block1
Legal Lot Number4
JurisdictionMARION IL
Township / Civil DivisionSALEM
Census Block Group3
Census Block3011
Census Tract952100

Owner

Source: Marion County records · APN 1100008480

Assessment roll updated July 16, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address123 E MAIN ST, SALEM, IL 62881-2924
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Mar 04, 2013Deed of Trust, Mortgage · Commercial Mortgage
MARION COUNTY SAVINGS BANK
Mar 10, 2026Warranty Deed, Transfer · Commercial Mortgage
THE IUKA STATE BANK
Nov 24, 2025Deed, Transfer
ATTORNEY ONLY, ATTORNEY
Mar 24, 2017Warranty Deed, Transfer · Commercial Mortgage
MARION COUNTY SAVINGS BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMar 24, 2017 · Amount on Record
Deed SaleMar 24, 2017 · Amount on Record
Deed Document Number20171930
Record UpdatedSep 20, 2026

March 2013: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IL
Property Address123 E MAIN ST, SALEM, IL 62881-2924
Transaction TypeMortgage
Record UpdatedMar 25, 2026
Title CompanyQUAD COUNTY TITLE COMPANY INC, QUAD COUNTY TITLE COMPANY IN

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2013R01490
DateMar 04, 2013
Instrument2013R01490
Lender
NameMARION COUNTY SAVINGS BANK
AddressSALEM, IL 62881
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueMar 01, 2018
Interest
Rate4.5%

March 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IL
Recording DateMar 10, 2026
Property Address123 E MAIN ST, SALEM, IL 62881-2924
Document Number2026R00982
Instrument DateFeb 04, 2026
Instrument2026R00982
Transaction TypeTransfer
Record UpdatedMar 25, 2026
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address1926 KASKASKIA LN, CENTRALIA, IL 62801-8755

Transferred To (Grantee/Buyer)

NameVerified Name
Address123 E MAIN ST, SALEM, IL 62881-2924

Mortgage

Document Number2026R00983
DateMar 10, 2026
Instrument2026R00983
Lender
NameTHE IUKA STATE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

November 2025: Deed, Transfer

Document TypeDeed
JurisdictionMARION IL
Recording DateNov 24, 2025
Property Address123 E MAIN ST, SALEM, IL 62881-2924
Document Number2025R04887
Instrument DateNov 21, 2025
Instrument2025R04887
Transaction TypeTransfer
Record UpdatedDec 09, 2025
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$75.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address14415 HIGHWAY 45, LOUISVILLE, IL 62858-2922

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address1926 KASKASKIA LN, CENTRALIA, IL 62801-8755

March 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IL
Recording DateMar 24, 2017
Property Address123 E MAIN ST, SALEM, IL 62881-2924
Document Number2017R01930
Instrument DateMar 21, 2017
Instrument2017R01930
Transaction TypeTransfer
Record UpdatedAug 05, 2022

Transaction

AmountAmount Recorded
Tax$195.75
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address210 S CHURCH ST, LOUISVILLE, IL 62858-1229

Mortgage

Document Number2017R01938
DateMar 24, 2017
Instrument2017R01938
Lender
NameMARION COUNTY SAVINGS BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated July 16, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateIllinois
CountyMarion County
County SubdivisionSalem Township
MunicipalitySalem City
Elementary School DistrictSalem School District 111 (PK - 08)
Secondary School DistrictSalem Community High School District 600 (09 - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$2,397.00 (+4.86%)$34,760 (+12.02%) Land $5,580 Building $29,180$104,280 (+12.02%) Land $16,740 Building $87,540
2024$2,286.00 (+3.07%)$31,030 (+18.25%) Land $4,980 Building $26,050$93,090 (+18.25%) Land $14,940 Building $78,150
2022$2,218.00$26,240 Land $4,100 Building $22,140$78,720 Land $12,300 Building $66,420

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (17121C), updated November 16, 2011 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on E Main St

Nearby Streets

Search Property Records by Address or Parcel Number