For Sale
$281,700

Madison St Lebanon, IL 62254

Prime Lebanon location, development potential, TIF available.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 9.39-acre property presents a unique investment opportunity in Lebanon, Illinois. Strategically located along Route 4, this commercially zoned land (Commercial/AG) boasts high visibility and accessibility. The asking price is $281,700, translating to $30,000 per acre. The property's location offers significant advantages, with proximity to Scott Air Force Base and the new Boeing facility driving substantial traffic and potential demand. With an average daily traffic count of 15,100 vehicles, this site is ideally suited for a variety of development projects. Potential uses include storage facilities, multi-family residential complexes, or retail establishments. A build-to-suit option may also be considered. The seller is open to dividing the property, offering flexibility for various development scenarios. The property's Tax Increment Financing (TIF) availability further enhances its attractiveness to developers. The parcel includes APN numbers 05-19.0-337-023

Highlights

  • 9.1+ Acre Development Site in Lebanon, TN.
  • Lebanon, TN location.
  • Suitable for Storage, Multifamily, or Retail Development.
  • Build-to-suit opportunity; potential for land division.
  • $281,700 total price; $30,000 per acre.

Property Details for 0 Madison St

Property type
Land, Farms
Lot Size (sq. ft)
409,028 SF

Location Insight

City
Lebanon
County
St. Clair
State
Illinois
Latitude
38.5973544
Longitude
-89.8076452

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FAQs

What type of property is this?
Land - Prime Lebanon location, development potential, TIF available.
Where is the land located?
The property is located at Madison St Lebanon, IL.
What is the asking price?
The asking price for this property is $281,700.
What are key features of this property?
This property features: 9.1+ Acre Development Site in Lebanon, TN.; Lebanon, TN location.; Suitable for Storage, Multifamily, or Retail Development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Joe Hardin
Joe Hardin
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Madison St
Lebanon, IL 62254

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Lebanon, IL 62254

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

0 Madison St
  • Joe Hardin
    Joe Hardin
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