Lebanon IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1837
Baths:
MLS#:
24062976
Subdivision:
Town/lebanon

ADDITIONAL INFORMATION

Don’t miss out on this incredible investment opportunity in a high-demand area! This well-maintained 4-unit building offers immediate cash flow. Three units feature 1 bed and 1 bath, while 4th unit is a studio apartment currently lived in by owner. The property boasts strong rental history, with potential for rent increases, providing excellent ROI. Conveniently located near McKendree University. Ideal for investors looking to expand their portfolio or enter the market with a turn-key solution.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
MLS#:
24060299
Subdivision:
Sunset Hills

ADDITIONAL INFORMATION

Don't miss out on the chance to own both sides of this charming duplex conveniently located near McKendree University, Scott AFB, and easy access to I 64! These well maintained units each feature two bedrooms, one bathroom, private laundry hookups in the basement and each unit has their own parking spaces! Both units are currently rented. Each unit boasts access to the large shared deck in the back overlooking the huge wooded back yard. Unit 908 offers covered parking and a carport! This property is a fantastic opportunity for investors or anyone looking to enter the rental market in a desirable location! Don’t miss out on the potential for steady income and growth in this thriving area! There are so many great features to this property, reach out to me for more details! Property being sold "as is", seller will pass occupancy.

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Lebanon Real Estate

The median home value in Lebanon, IL is $240,000. This is higher than the county median home value of $136,800. The national median home value is $338,100. The average price of homes sold in Lebanon, IL is $240,000. Approximately 51% of Lebanon homes are owned, compared to 30.17% rented, while 18.83% are vacant. Lebanon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lebanon real estate agent to arrange a tour today!

Lebanon, Illinois has a population of 4,737. Lebanon is less family-centric than the surrounding county with 22.9% of the households containing married families with children. The county average for households married with children is 26.14%.

The median household income in Lebanon, Illinois is $75,179. The median household income for the surrounding county is $63,017 compared to the national median of $69,021. The median age of people living in Lebanon is 32.8 years.

Lebanon Weather

The average high temperature in July is 89.2 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 42.1 inches per year, with 11 inches of snow per year.

Lebanon Real Estate Market Conditions

  • Median sales price

    $240,000
    12.4% change since last quarter
  • # Active listings

    29
    30-day change

Lebanon Schools and Demographics

Education near Lebanon, IL

Metric City County
High School Graduates 93.92 92.28
College Degree - 2 year 14.26 10.6
College Degree - 4 year 33.42 29.63
Graduate Degree 8.97 9.97
Expenditures per Student 17,142 17,142
Students per Teacher 15 15

Elementary Schools near Lebanon, IL

School Grades Students P/T Ratio ZIP
Central Elementary School PK - 04 343 12.6 62269
Delores MOYE Elementary School PK - 05 757 19.5 62269
Estelle Kampmeyer Elementary School KG - 05 390 17.7 62269
J Emmett Hinchcliffe SR Elementary School KG - 05 354 19.7 62269
Laverna Evans Elementary School KG - 05 325 17.1 62269
Lebanon Elementary School PK - 05 303 9.4 62254
Marie Schaefer Elementary School PK - 05 467 18.4 62269
Scott Elementary School PK - 05 893 18.2 62225
Shiloh Elementary School PK - 04 315 14 62269
St. Jacob Elementary School PK - 05 222 18.5 62281
Trenton Elementary School PK - 03 238 18.6 62293

Middle Schools near Lebanon, IL

School Grades Students P/T Ratio ZIP
Amelia V Carriel Junior High School 06 - 08 679 20.4 62269
Fulton Junior High School 06 - 08 510 19.9 62269
Joseph Arthur Middle School 05 - 08 241 12.4 62269
Shiloh Middle School 05 - 08 258 15.6 62269
St. Marys Elementary School 04 - 06 128 18 62293
Triad Middle School 06 - 08 841 17.2 62281
Wesclin Junior High School 07 - 08 211 16.4 62293
Wesclin Middle School 04 - 08 471 16.6 62293

High Schools near Lebanon, IL

School Grades Students P/T Ratio ZIP
Lebanon High School 06 - 12 289 17 62254
O Fallon High School 09 - 12 2,474 18.7 62269
Wesclin Senior High School 09 - 12 409 16.4 62293

Demographics near Lebanon, IL

Metric City County
Neighborhood Type Small town
Population 4,737 258,597
Population Density 1,831 393
Median Age 32.8 39.2
People per Household 2.6 2.6
Median Household Income 75,179 63,017
Average Income per Capita 28,873 32,949