Lebanon, IL
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    Lebanon, IL Commercial Real Estate for Sale

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    Mascoutah, IL Trenton, IL New Baden, IL
    11 listings
    Commercial Building in Historic Lebanon
    $215,000
    5,514 SF
    Commercial Building in Historic Lebanon

    108 E Saint Louis Street, Lebanon, IL 62254

    Prime commercial building with recent capital improvements and strong potential.
    • Prime commercial building in historic Lebanon, IL with excellent visibility and steady traffic.
    • 5,514 sqft structure with major capital improvements including a new roof, updated windows, tuck pointing, a gas and oil separator, and plumbing tied into the main sewer line.
    • Significant reduction in near term maintenance due to recent upgrades.
    • Located in downtown Lebanon’s active commercial corridor, benefiting from consistent local traffic and proximity to established businesses.
    • 0.28 acre lot with public utilities available and convenient access from multiple directions.
    Updated: May 21
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    Religious or Office Facility
    $175,000
    2,592 SF
    Religious or Office Facility

    221 E Saint Louis Street, Lebanon, IL 62254

    Multi-use facility with commercial kitchen and full basement on highway frontage with parking for flexible use.
    • 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: Jun 3
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    Car Wash Opportunity in Lebanon
    $150,000
    2,820 SF
    Car Wash Opportunity in Lebanon

    Car wash with highway visibility on a double lot.

    221 N Madison Street, 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

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    Roadside Frontage Gravel Lot
    $425,000
    0.25 Acres
    Roadside Frontage Gravel Lot

    Quarter acre gravel lot with high traffic roadside frontage.

    0 Union Street, Lebanon, IL 62254

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    Gravel Lot with Road Frontage
    $425,000
    0.25 Acres
    Gravel Lot with Road Frontage

    Quarter-acre gravel lot with high traffic and roadside frontage.

    0 Union St, Lebanon, IL 62254

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    Quarter Acre Gravel Lot
    $425,000
    0.25 Acres
    Quarter Acre Gravel Lot

    Gravel lot with roadside frontage and high traffic volume.

    0 Union Street, Lebanon, IL 62254

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

    Commercial development site near Highway 50 & Route 4.

    Old US Hwy 50, Lebanon, IL

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    I-64 Development Opportunity Land
    $3,150,000
    70.00 Acres
    I-64 Development Opportunity Land

    70 acres of land with I-64 frontage.

    8675 Shiloh Valley Township Line Rd, Lebanon, IL

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    8.2 Acre Commercial Land Parcel
    $246,000
    8.20 Acres
    8.2 Acre Commercial Land Parcel

    8.2 acres with frontage on Rte 4, Lebanon, IL.

    South Madison St, Lebanon, IL 62254

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    34 Acres Commercial Land Available
    Contact for pricing
    34.00 Acres
    34 Acres Commercial Land Available

    34 acres of commercial land near Highway 50 and Route 4.

    Old U.S. Hwy 50, Lebanon, IL 62254

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Lebanon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Pad Ready Corner Lot
    $655,654
    1.28 Acres
    Pad Ready Corner Lot

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

    O Fallon, IL

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    Corner Commercial Lot Available
    $448,875
    0.87 Acres
    Corner Commercial Lot Available

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

    O Fallon, IL

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    Commercial Development Sites for Sale
    $700,000
    14.00 Acres
    Commercial Development Sites for Sale

    Commercial land available in a new TIF district.

    0 Perrin Rd, Mascoutah, IL

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    14 Acre Commercial Development Site
    $700,000
    14.00 Acres
    14 Acre Commercial Development Site

    14 acre commercial site with frontage on I-64.

    Perrin Road, Mascoutah, IL 62258

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    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.

    1015 Belleville St
    COMMERCIAL (GENERAL)
    3,944 SF Lot: 4.13 Acres
    Estimated value
    $565,000

    1015 Belleville St, Lebanon, IL 62254-1333

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    Fritz St
    COMMERCIAL (GENERAL)
    3,382 SF Lot: 0.25 Acres
    Value Estimation by Request

    Fritz St, Lebanon, IL 62254

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    10310 Rieder Rd
    COMMERCIAL (GENERAL)
    Lot: 0.60 Acres
    Value Estimation by Request

    10310 Rieder Rd, Lebanon, IL 62254

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    425 Saint Louis St
    COMMERCIAL (GENERAL)
    Lot: 0.49 Acres
    Value Estimation by Request

    425 Saint Louis St, Lebanon, IL 62254-1517

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    226 Saint Louis St
    COMMERCIAL (GENERAL)
    2,689 SF Lot: 0.15 Acres
    Value Estimation by Request

    226 Saint Louis St, Lebanon, IL 62254-1560

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    1105 Starlifter Dr
    COMMERCIAL (GENERAL)
    Lot: 0.70 Acres
    Value Estimation by Request

    1105 Starlifter Dr, Lebanon, IL 62254-2733

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    Rieder Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 75.61 Acres
    Value Estimation by Request

    Rieder Rd, Lebanon, IL 62254

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    422 Madison St
    COMMERCIAL (GENERAL)
    Lot: 0.63 Acres
    Value Estimation by Request

    422 Madison St, Lebanon, IL 62254

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    100 Mc Allister St
    COMMERCIAL (GENERAL)
    1,497 SF Lot: 1.15 Acres
    Value Estimation by Request

    100 Mc Allister St, Lebanon, IL 62254-2630

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    208 Saint Louis St
    COMMERCIAL (GENERAL)
    1,614 SF Lot: 0.10 Acres
    Value Estimation by Request

    208 Saint Louis St, Lebanon, IL 62254-1560

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    218 Saint Louis St
    COMMERCIAL (GENERAL)
    1,350 SF Lot: 0.08 Acres
    Value Estimation by Request

    218 Saint Louis St, Lebanon, IL 62254-1560

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    217 Saint Louis St
    COMMERCIAL (GENERAL)
    2,468 SF Lot: 0.13 Acres
    Value Estimation by Request

    217 Saint Louis St, Lebanon, IL 62254-1515

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    120 Saint Louis St
    COMMERCIAL (GENERAL)
    3,099 SF Lot: 0.10 Acres
    Value Estimation by Request

    120 Saint Louis St, Lebanon, IL 62254-1559

    View details

    Lebanon, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Lebanon, IL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 22,668 square feet of properties for sale, with an estimated market value of $2,390,000.

    Sale prices for business properties in Lebanon, IL start at $150,000, averaging $597,500, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,339
    Population Growth (5Y) +0.8%
    Median Household Income $89,500
    College Educated 52.6%

    High-Yield Neighborhoods for Investment

    Identify Lebanon submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62254 $294.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

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