8.2 Acre Commercial Land
For Sale
Contact for pricing
South Madison St, Lebanon, IL 62254
8.2 acres with frontage on Rte 4, Lebanon, IL.
Property SizeContact for details
Lot Size8.20 Acres
Days on Market2019
Property Features for South Madison St
General Information
Standard status
Active
Lot size
8.20 Acres
Property subtype
Land
Zoning
Commercial/AG
Listing Agency:
Barbermurphy Group
(618) 660-8759
Listed By:
Joe Hardin · License #IL 475111184
Source:
Crexi
Added: Feb 9, 2021
Changed: Aug 8
Last Checked: Aug 20 at 2:11PM
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 Barbermurphy Group
Investment Insights
Based on property information with market context.
This 8.2-acre parcel features 80 feet of frontage on Route 4. A portion of the property is zoned commercial and is located within the Lebanon TIF District 1. An existing drive provides access to Route 4. Potential uses include multi-family housing, storage units, or retail. The seller is open to dividing the property or offering a build-to-suit option. The site is located near the intersection of Highway 50 and Route 4, and is minutes away from I-64, MidAmerica Airport, and Scott AFB.
Key Highlights
- 8.2 acres with commercial zoning and frontage on Rte 4, suitable for various developments.
- Located in Lebanon TIF District 1, offering potential financial incentives.
- Existing drive onto Rte 4 provides immediate access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 8.2 acres with frontage on Rte 4, Lebanon, IL.
Where is this commercial land located?
The property is located at South Madison St Lebanon, IL.
What is the asking price?
The asking price for this property is $246,000.
What are key features of this property?
This property features: 8.2 acres with commercial zoning and frontage on Rte 4, suitable for various developments.; Located in Lebanon TIF District 1, offering potential financial incentives.; Existing drive onto Rte 4 provides immediate access.
