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    Lebanon, IL
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    Lebanon, IL Retail Properties & Spaces for Sale

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    Mascoutah, IL Trenton, IL New Baden, IL
    Commercial Building in Historic Lebanon
    $215,000
    5,514 SF

    Commercial Building in Historic Lebanon

    108 E Saint Louis Street, Lebanon, IL 62254

    Prime commercial building with recent capital improvements and strong potential.

    • Prime commercial building in historic Lebanon, IL with excellent visibility and steady traffic.
    • 5,514 sqft structure with major capital improvements including a new roof, updated windows, tuck pointing, a gas and oil separator, and plumbing tied into the main sewer line.
    • Significant reduction in near term maintenance due to recent upgrades.
    • Located in downtown Lebanon’s active commercial corridor, benefiting from consistent local traffic and proximity to established businesses.
    • 0.28 acre lot with public utilities available and convenient access from multiple directions.
    Updated: May 21
    View details
    Car Wash Opportunity in Lebanon
    $150,000
    2,820 SF

    Car Wash Opportunity in Lebanon

    221 N Madison Street, Lebanon, IL 62254

    Car wash with highway visibility on a double lot.

    • Only carwash in town
    • Excellent highway visibility and traffic count
    • Includes all equipment
    • Multiple coin‑operated vacuums
    • Located on double lot with rear exit road
    Updated: Nov 3, 2025
    View details
    Modern Retail Facility in Lebanon
    $1,850,000
    11,742 SF

    Modern Retail Facility in Lebanon

    Prime retail facility built in 2020 on 1.93 acres.

    651 S Madison St, Lebanon, IL
    View details
    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 3 Active listings in Lebanon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    O'Fallon Commercial Building For Sale
    $285,000
    1,120 SF

    O'Fallon Commercial Building For Sale

    Iconic building on Highway 50, near schools and I-64.

    O Fallon, IL 62269
    View details
    Downtown Shiloh Commercial Lot
    $650,000
    8,000 SF

    Downtown Shiloh Commercial Lot

    One-acre commercial lot with approved strip center plan.

    121 S Main St, Shiloh, IL
    View details
    O'Fallon Mixed-Use Income Property
    $275,000
    3,036 SF

    O'Fallon Mixed-Use Income Property

    High-traffic corner lot with multiple income streams in O'Fallon.

    O Fallon, IL 62269
    View details
    Green Mount Road Development Site
    $449,000
    2.60 Acres

    Green Mount Road Development Site

    2.6-acre site ideal for office, retail, or restaurant development.

    1109 North Green Mount Road, Shiloh, IL 62221
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Corner Lot in New Baden
    $80,000

    Commercial Corner Lot in New Baden

    Commercial corner lot in a growing town near I-64.

    91 Weatherholt Drive, New Baden, IL 62265
    View details
    Prime Commercial Land For Sale
    $1,960,200
    1,296 SF

    Prime Commercial Land For Sale

    15 acres of commercial land in a high-traffic area.

    O Fallon, IL 62269
    View details
    Prime Commercial Corner Lot
    $879,000
    5.38 Acres

    Prime Commercial Corner Lot

    High-visibility Shiloh commercial land with development potential.

    0 N Green Mount Road, Shiloh, IL 62221
    View details
    Commercial Land in Swansea, IL
    $225,000
    2.46 Acres

    Commercial Land in Swansea, IL

    2.46 acre commercial land parcel in Swansea, Illinois.

    140 Corporate Drive, Swansea, IL 62226
    View details

    Off-Market Properties in Lebanon, IL

    Consider similar Off-Market properties in Lebanon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    224 Madison St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,200 SF Lot: 0.30 Acres
    Value Estimation by Request

    224 Madison St, Lebanon, IL 62254-1505

    View details
    321 Madison St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,175 SF Lot: 0.25 Acres
    Value Estimation by Request

    321 Madison St, Lebanon, IL 62254-1578

    View details
    101 Schuetz St
    FINANCIAL BUILDING
    2,704 SF Lot: 1.01 Acres
    Value Estimation by Request

    101 Schuetz St, Lebanon, IL 62254

    View details
    412 Madison St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,606 SF Lot: 0.45 Acres
    Value Estimation by Request

    412 Madison St, Lebanon, IL 62254-1609

    View details
    501 Madison St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,132 SF Lot: 0.92 Acres
    Value Estimation by Request

    501 Madison St, Lebanon, IL 62254-1674

    View details
    743 True Value Dr
    CONVENIENCE STORE
    3,080 SF Lot: 0.79 Acres
    Value Estimation by Request

    743 True Value Dr, Lebanon, IL 62254-1593

    View details
    115 Madison St
    FINANCIAL BUILDING
    1,323 SF Lot: 0.25 Acres
    Value Estimation by Request

    115 Madison St, Lebanon, IL 62254-1503

    View details
    908 Madison St
    CONVENIENCE STORE
    2,870 SF Lot: 0.86 Acres
    Value Estimation by Request

    908 Madison St, Lebanon, IL 62254-1770

    View details
    230 St Louis St
    Restaurants
    3,344 SF Lot: 0.04 Acres
    Value Estimation by Request

    230 St Louis St, Lebanon, IL 62254

    View details
    64 Bel Vis Trl
    Automotive properties
    6,000 SF Lot: 2.26 Acres
    Value Estimation by Request

    64 Bel Vis Trl, Lebanon, IL 62254

    View details
    8401 Us Hwy 50
    CONVENIENCE STORE
    4,080 SF Lot: 1.48 Acres
    Estimated value
    $620,000

    8401 Us Hwy 50, Lebanon, IL 62254-2525

    View details
    713 Madison St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,887 SF Lot: 1.38 Acres
    Estimated value
    $655,000

    713 Madison St, Lebanon, IL 62254-1767

    View details

    Lebanon, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 15 retail properties & spaces for sale in Lebanon, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,076 square feet of properties for sale, with an estimated market value of $2,215,000.

    Sale prices for stores in Lebanon, IL start at $150,000, averaging $738,333, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Automotive properties 1
    Car washes 1
    Grocery and convenience stores 1
    Self service car washes 1
    Storefront properties 1

    Demographics Overview

    Population 6,339
    Population Growth (5Y) +0.8%
    Median Household Income $89,500
    College Educated 52.6%

    High-Yield Neighborhoods for Investment

    Identify Lebanon submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62254 $182.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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