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Storefront with New Roof
For Sale
$70,000

108 E Saint Louis Street, Lebanon, IL 62254

Corner-lot storefront with public utilities, recent building improvements, and access to Route 4.

Property Size5,514 SF
Lot Size0.25 Acres
Price / SF$12.69
Days on Market17

Property Features for 108 E Saint Louis Street

General Information

Standard status Active
Size 5,514 SF
Lot size 0.25 Acres
Property subtype Commercial

Site & Location

Corner Location Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,160

Building Details

Building Size 5,514 SF
Year Built 1878
Buildings 1
Listing Agency: Adams Auction & Real Estate Services Inc.
Listed By: Adam Jokisch · License #471006087
Source: Century21laclede
Added: Jul 24 Changed: Aug 7 Last Checked: Aug 9 at 12:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adams Auction & Real Estate Services Inc.

Investment Insights

Based on property information with market context.

This storefront building at 108 E Saint Louis Street contains approximately 5,514+/- square feet on a 0.25+/- acre corner lot. The property was undergoing rehabilitation, with recent work including a new roof, replacement windows and glass, tuck-pointing, reinforced rafters, a new garage door, radiant heaters, plumbing connected to the main sewer line, and installation of a gas and oil separator. Public utilities are available.

A front parking area connects to Route 4, while a paved alley runs along the property and a public parking lot is nearby. The site is positioned among shopping, dining, and business establishments in downtown Lebanon, Illinois. Route 4 carries approximately 12,800+/- average daily vehicles, and Highway 50 carries approximately 5,800+/- daily vehicles.

Key Highlights

  • Approximately 5,514+/- square foot storefront building
  • 0.25+/- acre corner lot with front parking accessed from Route 4
  • Recent improvements include a new roof, windows, reinforced rafters, and radiant heaters

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62254, IL

6,503
Population
2,725
Households
2.4
Avg Household Size
36
Median Age
37%
College-Educated
92%
High-School Grad
40.9 sq mi
ZIP Area
159
Density / Sq Mi
$89,500
Median Household Income
$36,381
Median Earnings
$1,100
Median Rent
$196,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Ahner Florist 120 W St Louis St, Lebanon, IL 62254

Frequently Asked Questions

What type of property is this?
Storefront property - Corner-lot storefront with public utilities, recent building improvements, and access to Route 4.
Where is this storefront property located?
The property is located at 108 E Saint Louis Street Lebanon, IL.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Approximately 5,514+/- square foot storefront building; 0.25+/- acre corner lot with front parking accessed from Route 4; Recent improvements include a new roof, windows, reinforced rafters, and radiant heaters
More about this property
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