Prime commercial building in historic Lebanon, IL, offering excellent visibility, steady traffic, and strong long term potential. This 5,514 sqft structure has received major capital improvements, including a new roof, updated windows, tuck pointing, a gas and oil separator, and plumbing tied into the main sewer line. These upgrades significantly reduce near term maintenance and create a solid foundation for redevelopment or immediate occupancy. The property sits on a 0.28 acre lot with public utilities available and convenient access from multiple directions. Located within downtown Lebanon’s active commercial corridor, the site benefits from consistent local traffic, proximity to established businesses. This is an excellent opportunity for an owner user or investor seeking a well-positioned asset with strong visibility and adaptability.
This is a 1/4 acre gravel lot. 100ft of roadside frontage along Rt 4 in Lebanon. There is an average of 14,800 cars passing by everyday. There are 4 light poles and electric available. Location: City, High Traffic
Previously serving Italian Food. Sets +/- 85 people. Separate Banquet Room available in area that can be closed off from restaurant. Great opportunity with an established business! Property is being sold as is, seller will not make repairs or bring property up to pass occupancy. Total Acreage and Taxes Paid reflects both parcels: 05-19.0-421-001 & -002. Location: City, High Traffic
Turnkey Restaurant with Bed & Breakfast Suite in Historic Lebanon, IL Seize the opportunity to own a charming, fully furnished restaurant inspired by classic soda shops, complete with vintage decor and commercial-grade kitchen equipment. This turnkey operation offers an inviting restaurant atmosphere on its main level and a spacious 3-bedroom, 2-bathroom Bed & Breakfast suite above, The bed and breakfast area features a large living room, kitchenette, and laundry—ideal for on-site living or short-term rentals. Situated near McKendree University, Scott Air Force Base, MidAmerica Airport, and Boeing's new facility, this prime location ensures a steady stream of customers. Perfect for aspiring restaurateurs or savvy investors, this rare gem in historic Lebanon is not to be missed! Buyer or buyer's agent to verify all MLS information. Location: Downtown
This is a 1/4 acre gravel lot. 100ft of roadside frontage along Rt 4 in Lebanon. There is an average of 14,800 cars passing by everyday. There are 4 light poles and electric available. Location: City, High Traffic

Lebanon is located in Illinois. Lebanon, Illinois has a population of 4,737. Lebanon is less family-centric than the surrounding county with 22.9% of the households containing married families with children. The county average for households married with children is 26.14%.
The median household income in Lebanon, Illinois is $75,179. The median household income for the surrounding county is $63,017 compared to the national median of $69,021. The median age of people living in Lebanon is 32.8 years.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 42.1 inches per year, with 11 inches of snow per year.