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    Lebanon, IL Retail Space for Sale

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    Mascoutah, IL Trenton, IL New Baden, IL
    Modern Retail Facility in Lebanon
    $1,850,000
    11,742 SF
    Modern Retail Facility in Lebanon

    651 S Madison St, Lebanon, IL

    Prime retail facility built in 2020 on 1.93 acres.
    • Modern 11,742 SF retail facility built in 2020.
    • High visibility location with 170'+ frontage on S. Madison St. and a traffic count of 14,800 VPD.
    • Large 1.93‑acre lot zoned C‑1 in a TIF District and Enterprise Zone.
    • Versatile space with a large open area, warehouse space, and 15’ ceilings.
    • Features 3‑phase electric and a dual entrance foyer.
    Updated: Jul 16, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lebanon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Fairview Heights Retail Opportunity
    $225,000
    1,257 SF
    Fairview Heights Retail Opportunity

    Retail space with high visibility and traffic in Fairview Heights.

    5105 N Illinois Street, Fairview Heights, IL 62208

    View details
    Retail Space in Main Corridor
    $725,000
    2,400 SF
    Retail Space in Main Corridor

    Well-maintained retail space near Schnucks and St. Clair Square Mall.

    513 Lincoln Hwy, Fairview Heights, IL

    View details
    Freestanding Retail Building on Carlyle
    Contact for pricing
    8,417 SF
    Freestanding Retail Building on Carlyle

    8,417 SF retail building on 0.99 acres for sale.

    1000 Carlyle Ave, Belleville, IL

    View details
    Commercial Building and Sporting Goods
    $120,000
    6,146 SF
    Commercial Building and Sporting Goods

    Two-story commercial building with retail and office space for sale.

    127 W Main St, Belleville, IL

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Lebanon, IL Retail Space Investment Opportunities Market Analysis

    Explore 1 retail space for sale in Lebanon, IL on our real estate platform. These investment opportunities span a total of 11,742 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for retail space in Lebanon, IL start at $1,850,000, averaging $1,850,000, 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%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

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