0 Madison St, Lebanon, IL 62254

This exceptional 9.39-acre property presents a unique investment opportunity in Lebanon, Illinois. Strategically located along Route 4, this commercially zoned land (Commercial/AG) boasts high visibility and accessibility. The asking price is $281,700, translating to $30,000 per acre. The property's location offers significant advantages, with proximity to Scott Air Force Base and the new Boeing facility driving substantial traffic and potential demand. With an average daily traffic count of 15,100 vehicles, this site is ideally suited for a variety of development projects. Potential uses include storage facilities, multi-family residential complexes, or retail establishments. A build-to-suit option may also be considered. The seller is open to dividing the property, offering flexibility for various development scenarios. The property's Tax Increment Financing (TIF) availability further enhances its attractiveness to developers. The parcel includes APN numbers 05-19.0-337-023