Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    108 E Saint Louis St Lebanon, IL 62254
    Back to Search
    Property profile & analytics

    108 E Saint Louis St, Lebanon, IL 62254

    View on Map

    • Commercial real estate
    • 3,442 SF
    • 0.25 lot acres
    Commercial Building in Historic Lebanon For Sale
    $215,000
    5,514 SF

    Commercial Building in Historic Lebanon

    Prime commercial building with recent capital improvements and strong potential.

    108 E Saint Louis Street, Lebanon, IL 62254
    View Listing
    Property ID
    US28-2328023
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 108 E Saint Louis St

    Year built
    1878
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property type
    Commercial real estate
    APN
    05-19-0-405-002
    APU
    5190405002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 30, 2021 $140,000 Papa Johns Clubhouse LLC Mark O Christ Warranty Deed —
    May 25, 2021 $140,000 Mark O Christ Robin Brennan Administrators Deed —
    Jul 7, 2020 $25,000 City Of Lebanon John L Hamrick Warranty Deed —
    Jan 4, 2017 — John L Hamrick Hamrick W H Living Trust Quitclaim Deed · related —

    Description

    This exceptional commercial property, located at 108 E Saint Louis Street in historic Lebanon, Illinois, presents a remarkable investment opportunity. The building encompasses over 5,514 square feet and sits on a sizable 0.25-acre corner lot, ensuring maximum visibility and accessibility for any business. Recent upgrades significantly enhance its value and functionality. These improvements include a brand-new roof, replacement windows, meticulous tuck-pointing, a newly installed gas and oil separator, and plumbing that's now connected to the main sewer line. The property benefits from convenient access to all public utilities. Its prime location on a high-traffic corner makes it ideal for a diverse range of commercial ventures, including retail establishments, office spaces, or mixed-use developments. The vibrant and growing community of Lebanon offers a strong foundation for business success. This property is being sold in "AS IS" condition. The substantial square footage, coupled with the strategic location and recent renovations, makes this an unparalleled chance to establish a thriving business in a desirable area. Don't miss this opportunity to capitalize on this exceptional commercial space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.807
    Latitude
    38.6036
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,859
    $7,283
    $48,496
    $55,779
    -
    $21,849
    $145,488
    $167,337
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message