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$ 70,000
Est. payment /mo
Open Sun 12PM-2PM
108 E Saint Louis ST Lebanon, IL 62254
0.25 Acres Lot
Open House
Sun Aug 09, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Town/Lebanon East
MLS Listing ID 26047148
Year Built 1878
Annual Tax Amount $5,160
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Price listed is Starting Bid Only. Bidding starts closing 8/13/2026 @ 6:30p.m. Great commercial opportunity in Lebanon! Formerly used as an antique mall, this approximately 5,514+/- square foot building was in the process of a complete rehabilitation and is waiting for you to finish. Recent improvements include a new roof, windows, tuck-pointing, gas and oil separator, plumbing running to the main sewer line, reinforced rafters, new glass in all windows, new garage door, and radiant heaters. The building has all public utilities available and is situated on a spacious 0.25+/- acre corner lot with a front parking lot accessible from Route 4. Additional benefits include a paved alley along the property and a nearby public parking lot, providing convenient access for customers and visitors. The property benefits from approximately 12,800+/- average daily traffic counts on Route 4 and approximately 5,800+/- daily traffic counts on Highway 50. Ideally located among other shopping, dining, and business establishments in downtown Lebanon, IL, this property offers exceptional potential for a variety of commercial uses. Do not miss this opportunity! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.
Location
State IL
County St. Clair
Interior
Heating Forced Air
Cooling None
Flooring Concrete, Dirt
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Block,Brick
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction, Listing As Is
Virtual Tour https://hommati.tours/tour/2678180?play=no&mls=yes
Listed by Adam Jokisch • Adams Auction & Real Estate Services Inc.
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