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Lebanon, IL Commercial Real Estate for Sale

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Lebanon Commercial Facility For Sale
$225,000
2,592 SF

Lebanon Commercial Facility For Sale

221 E Saint Louis St, Lebanon, IL 62254

Commercially zoned facility with potential for office, worship, or restaurant.

  • Commercially zoned property with 213' frontage on Federal Aid Secondary 1780 highway.
  • 2,592 SF facility with full basement and commercial kitchen.
  • Potential for professional office space, place of worship, or restaurant.
  • Includes a garage and vacant lot for additional outdoor space.
  • Located near Historic downtown Lebanon.
Updated: Oct 3, 2025
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Car Wash Opportunity in Lebanon
Pending
$150,000
2,820 SF

Car Wash Opportunity in Lebanon

221 N Madison St, Lebanon, IL 62254

Car wash with highway visibility on a double lot.

  • Only carwash in town
  • Excellent highway visibility and traffic count
  • Includes all equipment
  • Multiple coin‑operated vacuums
  • Located on double lot with rear exit road
Updated: Nov 3, 2025
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High-Traffic Lebanon Commercial Lot
$325,000
0.25 Acres

High-Traffic Lebanon Commercial Lot

Prime .25-acre lot, high visibility.

Union St, Lebanon, IL 62254
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Modern Retail Facility in Lebanon
$1,850,000
11,742 SF

Modern Retail Facility in Lebanon

Prime retail facility built in 2020 on 1.93 acres.

651 S Madison St, Lebanon, IL 62254
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Based on your search, we've compiled 246 Potential Opportunities for your consideration. Besides 4 Active listings in Lebanon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 236 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Commercial Lot Available
$448,875

Corner Commercial Lot Available

Pad-ready corner commercial lot with shared parking near I-64.

212 Scott Troy Rd, O Fallon, IL 62269
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Pad Ready Corner Lot
$655,654

Pad Ready Corner Lot

1.281 acre corner lot near I-64 and Scott AFB.

218 Scott Troy Rd, O Fallon, IL 62269
View details
Aberdeen Village Commercial Lot
$655,654
1.28 Acres

Aberdeen Village Commercial Lot

Prime O'Fallon, IL corner lot, ideal for retail or medical.

218 Scott Troy Rd, O'Fallon, IL 62269
View details
Aberdeen Village Commercial Lot
$448,875
0.88 Acres

Aberdeen Village Commercial Lot

Prime O'Fallon, IL commercial land.

212 Scott Troy Rd, O'Fallon, IL 62269
View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

34+ Acre Commercial Development Site
$1,018,635

34+ Acre Commercial Development Site

Commercial development site near Highway 50 & Route 4.

Old Us Highway 50, Lebanon, IL 62254
View details
I-64 Development Opportunity Land
$3,150,000

I-64 Development Opportunity Land

70 acres of land with I-64 frontage.

8675 Shiloh Vly Township Line Rd, Lebanon, IL
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Explore Off-Market Properties in Lebanon, IL

Consider similar Off-Market properties in Lebanon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Union St

Union St

Commercial real estate • 0.25 Acres
Value Estimation by Request
Union St, Lebanon, IL 62254
View details
230 St Louis St

230 St Louis St

Restaurants • 3,344 SF
Value Estimation by Request
230 St Louis St, Lebanon, IL 62254
View details
64 Bel Vis Trl

64 Bel Vis Trl

Automotive properties • 6,000 SF
Value Estimation by Request
64 Bel Vis Trl, Lebanon, IL 62254
View details
Hwy 4th N

Hwy 4th N

INDUSTRIAL (GENERAL) • 4,560 SF
Value Estimation
$435,000
Hwy 4th N, Lebanon, IL 62254
View details
451 Monroe St

451 Monroe St

INDUSTRIAL (GENERAL) • 0.29 Acres
Value Estimation
$320,000
451 Monroe St, Lebanon, IL 62254
View details
Madison St

Madison St

INDUSTRIAL (GENERAL) • 0.04 Acres
Value Estimation by Request
Madison St, Lebanon, IL 62254
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Ss St

Ss St

INDUSTRIAL (GENERAL) • 3,729 SF
Value Estimation
$240,000
Ss St, Lebanon, IL 62254
View details
1339 Belleville St

1339 Belleville St

INDUSTRIAL (GENERAL) • 5.11 Acres
Value Estimation by Request
1339 Belleville St, Lebanon, IL 62254-1362
View details
10931 State Rte 4th 4

10931 State Rte 4th 4

INDUSTRIAL (GENERAL) • 0.52 Acres
Value Estimation
$330,000
10931 State Rte 4th 4, Lebanon, IL 62254
View details
750 Mc Allister St

750 Mc Allister St

INDUSTRIAL (GENERAL) • 9,000 SF
Value Estimation by Request
750 Mc Allister St, Lebanon, IL 62254
View details
1117 Reese Dr

1117 Reese Dr

INDUSTRIAL (GENERAL) • 896 SF
Value Estimation
$270,000
1117 Reese Dr, Lebanon, IL 62254-2726
View details
720 Mc Allister St

720 Mc Allister St

INDUSTRIAL (GENERAL) • 76,900 SF
Value Estimation
$1,360,000
720 Mc Allister St, Lebanon, IL 62254-2642
View details
55 Commerce Dr

55 Commerce Dr

INDUSTRIAL (GENERAL) • 4,656 SF
Value Estimation
$375,000
55 Commerce Dr, Lebanon, IL 62254-2541
View details
1100 Reese Dr

1100 Reese Dr

INDUSTRIAL (GENERAL) • 9.47 Acres
Value Estimation
$380,000
1100 Reese Dr, Lebanon, IL 62254-2726
View details
421 Fritz St

421 Fritz St

INDUSTRIAL (GENERAL) • 5,494 SF
Value Estimation
$270,000
421 Fritz St, Lebanon, IL 62254-1638
View details
35 Commerce Dr

35 Commerce Dr

INDUSTRIAL (GENERAL) • 0.36 Acres
Value Estimation by Request
35 Commerce Dr, Lebanon, IL 62254-2541
View details
10000 Us Hwy 50

10000 Us Hwy 50

INDUSTRIAL (GENERAL) • 5,228 SF
Value Estimation
$295,000
10000 Us Hwy 50, Lebanon, IL 62254-2308
View details
15 Commerce Dr

15 Commerce Dr

INDUSTRIAL (GENERAL) • 8,000 SF
Value Estimation by Request
15 Commerce Dr, Lebanon, IL 62254
View details
118 Wakanda Dr

118 Wakanda Dr

COMMERCIAL (GENERAL) • 0.52 Acres
Value Estimation
$285,000
118 Wakanda Dr, Lebanon, IL 62254-1393
View details
8661 Us Hwy 50

8661 Us Hwy 50

COMMERCIAL (GENERAL) • 2,600 SF
Value Estimation by Request
8661 Us Hwy 50, Lebanon, IL 62254-2529
View details

Lebanon, IL Commercial Real Estate Investment Opportunities Market Analysis

Explore 183 commercial real estate investment opportunities in Lebanon, IL on our commercial real estate marketplace. The current inventory includes 15,884,332 square feet of properties with an estimated value of $39,275,700.

Estimated prices for commercial real estate in Lebanon, IL begin at $36,000, with an average of $311,711 and extend to $2,495,000.

In Lebanon, IL, current investment values show:

  • Other commercial real estate positioned at $310,628
  • Industrial properties measuring $376,500
  • Other industrial properties assessed at $376,500
  • Retail properties calculated at $285,555
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