Commercial for Sale: 402 S Madison Street, Lebanon, IL 62254 SOLD

3,000 sqft
$135,000
$135,000
402 S Madison Street, Lebanon, IL 62254 SOLD
3,000 sqft
$135,000
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Selling Price: $135,000
Original List Price: $250,000
Sold at 54.0% of list price
Sold Date: 09/03/2025

Type Commercial
Total Living Area 3,000 sqft
Square Footage 3,000 sqft
Lot Size 0.12 acres
Year Built 1951
Taxes Paid $6,104

City Lebanon
County St. Clair
Subdivision Sargents J L

MLS 20009982
Status Closed
DOM 2,024 days
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

Lot & Building Features

Construction Other
Cooling Central Air, Electric
Heating Electric, Natural Gas, Forced Air
Parking Description Driveway, Concrete
Sewer Public Sewer
Tax Year 2022
Taxes Paid $6,104
Water Public

Price History of 402 S Madison Street, Lebanon, IL

Date Name Price Difference
11/27/2023 Price Adjustment $135,000 40.00%
10/30/2020 Price Adjustment $225,000 4.26%
07/10/2020 Price Adjustment $235,000 6.00%
Coming Soon Listing Price $250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 402 S Madison Street, Lebanon, IL

Location Map Street View
Photo of Steven Friedman
Office
3220 Pine Cliff Rd
Wildwood, MO 63038
314-616-9526
Listed by Coldwell Banker Brown Realtors, Carla Owens
Sold by Re/Max Signature Properties, Trudy Knobeloch
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Listing information courtesy of: Coldwell Banker Brown Realtors

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