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402 Madison Street Lebanon, IL 62254

$185,000

3000 Square Feet

Tax History: $6104 - 2022

Estimated Payment: $876 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$185,000 , Located in SARGENTS J L, LEBANON. ZIP Code: 62254

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

This property is located on 0.12 Acre(s).

Near By Listings

108 Saint Louis Street Lebanon, IL 0.19 miles

0 Union Street Lebanon, IL 0.20 miles

230 Saint Louis Street Lebanon, IL 0.25 miles

100 Looking Glass Street Summerfield, IL 2.93 miles

102 6th Street O'Fallon, IL 5.68 miles

Main Features:

Approximate lot size is 0 Acre(s)

Send Message to Realtor:

MLS#: 20009982
Listing ID: 65038
Updated: 10 hours and 50 mins ago
Days on site: 10 hours and 50 mins

Listing provided by

Carla Owens

Coldwell Banker Brown Realtors

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2025 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.