Real Estate Investment Properties for Sale in Lebanon, IL

Looking for investment property in Lebanon, IL with high ROI ?

Explore a variety of short-term homes & houses in Lebanon, IL. Invest wisely with VRBO & Lebanon, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lebanon, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
106 Lynn St Lebanon, IL House For Sale! 3 bedroom 1.5 bathroom home on a corner lot in Lebanon. This home has been...	3 beds \| 1 baths \| 1,064 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $1275 Airbnb ROI: N/A Traditional ROI: 5.32%
220 S Saint Clair Street Lebanon, IL Beautifully remodeled and ideally located in the heart of Lebanon, this charming home seam...	3 beds \| 2 baths \| 1,600 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $1089 Airbnb ROI: N/A Traditional ROI: 3.05%
1114 Indian Court Lebanon, IL Soon you will be able to call this home your own. This 1.5 story, 5-Bedroom, 4-Bathroom, f...	5 beds \| 4 baths \| 3,182 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $2728 Airbnb ROI: N/A Traditional ROI: 5.76%
1011 Belleville Street Lebanon, IL Step into this spacious open-concept home offering 5 bedrooms and 4 baths, designed for co...	5 beds \| 4 baths \| 3,662 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $2653 Airbnb ROI: N/A Traditional ROI: 4.66%
1454 Scott Troy Rd Lebanon, IL 1454 Scott Troy Rd, Lebanon, IL 62254 \| Other	N/A beds \| N/A baths \| N/A	$3,000,000	Airbnb cash on cash: -3.09% Traditional cash on cash: -2.98% Airbnb Rental Income: $925 Traditional Rental Income: $873 Airbnb ROI: -3.09% Traditional ROI: -2.98%
415 Hillcrest Drive Lebanon, IL Located in the charming community of Lebanon, this spacious two-story home offers the perf...	3 beds \| 3 baths \| 2,095 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $2321 Airbnb ROI: N/A Traditional ROI: 4.76%
1383 Ivey Brook Lane Ln Lebanon, IL 1383 Ivey Brook Lane Ln, Lebanon, IL 62254 \| Single Family Residential	6 beds \| 3 baths \| 7,462 sq.ft.	$1,027,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.84% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: -0.84%
10000 Rieder Rd Lebanon, IL 10000 Rieder Rd, Lebanon, IL 62254 \| Other	2 beds \| 2 baths \| 1,400 sq.ft.	$2,500,000	Airbnb cash on cash: -2.91% Traditional cash on cash: -2.93% Airbnb Rental Income: $1307 Traditional Rental Income: $866 Airbnb ROI: -2.91% Traditional ROI: -2.93%
302 S Chamberlin St Lebanon, IL 302 S Chamberlin St, Lebanon, IL 62254 \| Single Family Residential	3 beds \| 2 baths \| 1,500 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.59% Airbnb Rental Income: $null Traditional Rental Income: $1543 Airbnb ROI: N/A Traditional ROI: 7.59%
10918 Kentfield Drive Lebanon, IL If youâve been looking for something that just feels right, this one is worth a look. Th...	2 beds \| 2 baths \| 1,220 sq.ft.	$175,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 6.95% Airbnb Rental Income: $1307 Traditional Rental Income: $1793 Airbnb ROI: 1.59% Traditional ROI: 6.95%
319 W Dee Street Lebanon, IL Great opportunity Investors or First Time Buyers looking to build sweat equity. This cozy ...	2 beds \| 1 baths \| 1,106 sq.ft.	$120,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 9.49% Airbnb Rental Income: $1307 Traditional Rental Income: $1543 Airbnb ROI: 3.93% Traditional ROI: 9.49%
1232 Fired Brick Drive Lebanon, IL Backyard oasis takes center stage with a saltwater fiberglass pool featuring a large tanni...	3 beds \| 2 baths \| 2,528 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.01% Airbnb Rental Income: $null Traditional Rental Income: $2691 Airbnb ROI: N/A Traditional ROI: 2.01%
204 S Fritz Street Lebanon, IL Exceptional investment opportunity in a high-demand area! This well-maintained 4-unit buil...	N/A beds \| N/A baths \| 2,736 sq.ft.	$165,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 7.23% Airbnb Rental Income: $925 Traditional Rental Income: $1726 Airbnb ROI: -0.04% Traditional ROI: 7.23%
24 Bernhardt Road Lebanon, IL Continue to show for back-up offers. Situated on over an acre in Sunny Hill Lakes, this 5 ...	5 beds \| 4 baths \| 4,048 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $4092 Airbnb ROI: N/A Traditional ROI: 6.66%
414 Parkview Drive Lebanon, IL Welcome home to this beautifully maintained all-brick ranch nestled on a spacious, level f...	3 beds \| 2 baths \| 1,260 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $1693 Airbnb ROI: N/A Traditional ROI: 5.62%
10901 Emerald Mound Grange Road Lebanon, IL Charming 3-bedroom, 2-bath home set on just over 3 acres, offering plenty of space and pri...	3 beds \| 2 baths \| 1,560 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $1867 Airbnb ROI: N/A Traditional ROI: 5.04%
918 Belleville Street Lebanon, IL Welcome to the David Chamberlin Houseâaffectionately known for generations as "The Mansi...	3 beds \| 2 baths \| 3,228 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.58% Airbnb Rental Income: $null Traditional Rental Income: $2064 Airbnb ROI: N/A Traditional ROI: 2.58%
10954 Kentfield Drive Lebanon, IL You will love this move in ready attached home! This half duplex is located on a cul de sa...	2 beds \| 2 baths \| 1,220 sq.ft.	$190,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 7.9% Airbnb Rental Income: $1307 Traditional Rental Income: $1771 Airbnb ROI: 3.08% Traditional ROI: 7.9%
506 Monica Drive Lebanon, IL Tucked away on a quiet dead-end street, this 4-bedroom, 2-bath home offers space, privacy,...	4 beds \| 2 baths \| 1,452 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $1941 Airbnb ROI: N/A Traditional ROI: 7.83%

Real Estate investment in Lebanon, IL

There are 22 properties for sale in the city of Lebanon . The median list price in Lebanon is $385,900 and the average price per square foot is $187. In May 2026, the average monthly cash on cash return in Lebanon is 5.00%. The average monthly rental income in Lebanon is $1,904.

Lebanon, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Lebanon.

In 2026, the best neighborhood to buy investment property is Lebanon.

The ROI for Long-Term is higher than the Short-Term in Lebanon with average rental income of $1,904.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, IL

106 Lynn St

Lebanon, IL

3 beds | 1 baths | 1,064 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.32%

Airbnb Rental Income: $null

Traditional Rental Income: $1275

Airbnb ROI: N/A

Traditional ROI: 5.32%

220 S Saint Clair Street

Lebanon, IL

3 beds | 2 baths | 1,600 sq.ft.

$189,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1089

Airbnb ROI: N/A

Traditional ROI: 3.05%

1114 Indian Court

Lebanon, IL

5 beds | 4 baths | 3,182 sq.ft.

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2728

Airbnb ROI: N/A

Traditional ROI: 5.76%

1011 Belleville Street

Lebanon, IL

5 beds | 4 baths | 3,662 sq.ft.

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2653

Airbnb ROI: N/A

Traditional ROI: 4.66%

1454 Scott Troy Rd

Lebanon, IL

N/A beds | N/A baths | N/A

$3,000,000

Airbnb cash on cash: -3.09%

Traditional cash on cash: -2.98%

Airbnb Rental Income: $925

Traditional Rental Income: $873

Airbnb ROI: -3.09%

Traditional ROI: -2.98%

415 Hillcrest Drive

Lebanon, IL

3 beds | 3 baths | 2,095 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2321

Airbnb ROI: N/A

Traditional ROI: 4.76%

1383 Ivey Brook Lane Ln

Lebanon, IL

6 beds | 3 baths | 7,462 sq.ft.

$1,027,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2406

Airbnb ROI: N/A

Traditional ROI: -0.84%

10000 Rieder Rd

Lebanon, IL

2 beds | 2 baths | 1,400 sq.ft.

$2,500,000

Airbnb cash on cash: -2.91%

Traditional cash on cash: -2.93%

Airbnb Rental Income: $1307

Traditional Rental Income: $866

Airbnb ROI: -2.91%