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South Madison St
Lebanon, IL 62254
8.2 Acre Commercial/Agricultural Site - TIF · Land For Sale
·
8.20 AC
INVESTMENT HIGHLIGHTS
- Located in Lebanon TIF District with incentive potential
- Zoned Commercial/AG with flexible development options
- 80 feet of frontage on Route 4 with 15,100 ADT
- Seller open to subdividing or build-to-suit proposals
EXECUTIVE SUMMARY
Development Site
8.2 acres with 80 feet of frontage on Rte 4. A portion is zoned commercial, property is in the Lebanon TIF District 1. Existing drive on to Rte 4. Possible multi-family, storage units or retail. Seller will consider dividing or build to suit.
The site is located near the intersection of Highway 50 and Route 4. Minutes away from I-64, MidAmerica Airport and Scott AFB.
8.2 acres with 80 feet of frontage on Rte 4. A portion is zoned commercial, property is in the Lebanon TIF District 1. Existing drive on to Rte 4. Possible multi-family, storage units or retail. Seller will consider dividing or build to suit.
The site is located near the intersection of Highway 50 and Route 4. Minutes away from I-64, MidAmerica Airport and Scott AFB.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $246,000 | Lot Size | 8.20 AC |
| Price Per AC | $30,000.00 |
| Price | $246,000 |
| Price Per AC | $30,000.00 |
| Lot Size | 8.20 AC |
Development Site 8.2 acres with 80 feet of frontage on Rte 4. A portion is zoned commercial, property is in the Lebanon TIF District 1. Existing drive on to Rte 4. Possible multi-family, storage units or retail. Seller will consider dividing or buil
DESCRIPTION
Development Site 9+ Acres located in Lebanon, IL along Route 4. 15,100 ADT at this location. Potential for Storage, Multi-Family or Retail Development. Possible Build to Suit. Seller will consider dividing.
PROPERTY TAXES
| Parcel Number | 05-19.0-337-026 | Improvements Assessment | $0 |
| Land Assessment | $1,175 | Total Assessment | $1,175 |
PROPERTY TAXES
Parcel Number
05-19.0-337-026
Land Assessment
$1,175
Improvements Assessment
$0
Total Assessment
$1,175
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