Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    702 Madison St Lebanon, IL 62254

    • Commercial real estate
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2208544
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 702 Madison St

    Lot size
    0.17 lot acres
    Property type
    Commercial real estate
    APN
    05-30-0-200-001
    APU
    5300200001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8075
    Latitude
    38.5978
    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
    2019
    $0.00
    $5,548
    $19,121
    $24,669
    -
    $16,644
    $57,363
    $74,007

    Comparable in this City

    • Value Estimation by Request
      9.39 Acres

      Madison St

      Farms • 9.39 Acres
      0 Madison St, Lebanon, IL 62254
      View Details
    • Value Estimation by Request
      0.17 Acres

      705 Fritz St

      COMMERCIAL (GENERAL) • 0.17 Acres
      705 Fritz St, Lebanon, IL 62254-1718
      View Details
    • Value Estimation by Request
      0.17 Acres

      705 Fritz St

      COMMERCIAL (GENERAL) • 0.17 Acres
      705 Fritz St, Lebanon, IL 62254-1718
      View Details
    • Value Estimation by Request
      1.86 Acres

      Madison St

      COMMERCIAL (GENERAL) • 1.86 Acres
      Madison St, Lebanon, IL 62254
      View Details
    • Value Estimation by Request
      1.03 Acres

      1100 Starlifter Dr

      COMMERCIAL (GENERAL) • 1.03 Acres
      1100 Starlifter Dr, Lebanon, IL 62254-2724
      View Details
    • Value Estimation by Request
      2,550 SF

      305 Madison St

      COMMERCIAL (GENERAL) • 2,550 SF
      305 Madison St, Lebanon, IL 62254-1578
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34.53 Acres

      Lebanon, IL Commercial Land

      34+ Acres, Hwy 50 & Rte 4, Development Ready
      0 Old Hwy 50, Lebanon, IL 62254
      View Details
    • $281,700
      9.39 Acres

      9.39 Acres Lebanon, IL Development Land

      Prime Lebanon location, development potential, TIF available.
      0 Madison St, Lebanon, IL 62254
      View Details
    • $325,000
      0.25 Acres

      High-Traffic Lebanon Commercial Lot

      Prime .25-acre lot, high visibility.
      Union St, Lebanon, IL 62254
      View Details
    • $425,000
      0.25 Acres

      Roadside Frontage Gravel Lot

      Quarter acre gravel lot with high traffic roadside frontage.
      Union St, Lebanon, IL 62254
      View Details
    • $281,700

      9+ Acres Development Opportunity

      9+ acres of land suitable for storage, retail, multi-family.
      S Madison St, Lebanon, IL 62254
      View Details
    • New
      $175,000
      2,592 SF

      Lebanon Commercial Facility For Sale

      Commercially zoned facility with potential for office, worship, or restaurant.
      221 E Saint Louis St, Lebanon, IL 62254
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    702 Madison St
    Lebanon, IL 62254
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.