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
10929 Kentfield Drive Lebanon, IL Beautifully cared for 2-bedroom villa in The Knolls featuring spacious bedrooms and a prim...	2 beds \| 2 baths \| 1,354 sq.ft.	$178,600	Airbnb cash on cash: -0.26% Traditional cash on cash: 7.56% Airbnb Rental Income: $813 Traditional Rental Income: $1818 Airbnb ROI: -0.26% Traditional ROI: 7.56%
220 S Saint Clair St Lebanon, IL Beautifully remodeled and ideally located in the heart of Lebanon, this charming home seam...	3 beds \| 1 baths \| 1,600 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $1089 Airbnb ROI: N/A Traditional ROI: 3.45%
1114 Indian Ct Lebanon, IL Soon you will be able to call this home your own. This 1.5 story, 5-Bedroom, 4-Bathroom, f...	5 beds \| 3 baths \| 3,182 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2728 Airbnb ROI: N/A Traditional ROI: 6.59%
1005 Merrill St Lebanon, IL Well-cared-for home passed city occupancy inspection August 2024, offers 3 bedrooms, a ful...	3 beds \| 2 baths \| 1,900 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $1915 Airbnb ROI: N/A Traditional ROI: 7.08%
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: -2.91% Traditional cash on cash: -2.98% Airbnb Rental Income: $1503 Traditional Rental Income: $873 Airbnb ROI: -2.91% Traditional ROI: -2.98%
58 Harmon Dr Lebanon, IL 58 Harmon Dr, Lebanon, IL 62254 \| Single Family Residential	3 beds \| 1 baths \| 1,564 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $1293 Airbnb ROI: N/A Traditional ROI: 3.1%
415 Hillcrest Dr Lebanon, IL Located in the charming community of Lebanon, this spacious two-story home offers the perf...	3 beds \| 2 baths \| 2,095 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $2321 Airbnb ROI: N/A Traditional ROI: 5.89%
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: -3.09% Traditional cash on cash: -2.93% Airbnb Rental Income: $813 Traditional Rental Income: $866 Airbnb ROI: -3.09% Traditional ROI: -2.93%
1202 Belleville St Lebanon, IL This full brick ranch has so much to offer inside & out! You'll be impressed with the spac...	3 beds \| 2 baths \| 1,904 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $2139 Airbnb ROI: N/A Traditional ROI: 4.55%
500 Shadow Rock Ct Lebanon, IL OFALLON SCHOOLS (Kâ12). This beautifully maintained 5-bedroom, 3-bath home features an i...	5 beds \| 3 baths \| 4,332 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.21% Airbnb Rental Income: $null Traditional Rental Income: $3357 Airbnb ROI: N/A Traditional ROI: 1.21%
317 Roosevelt St Lebanon, IL Welcome to 317 Roosevelt, a cute and quaint bungalow-style home tucked away on a quiet str...	3 beds \| 1 baths \| 1,218 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.18% Airbnb Rental Income: $null Traditional Rental Income: $1742 Airbnb ROI: N/A Traditional ROI: 9.18%
421 E Schuetz St Lebanon, IL 421 E Schuetz St, Lebanon, IL 62254 \| Single Family Residential	3 beds \| 2 baths \| 1,358 sq.ft.	$273,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $1618 Airbnb ROI: N/A Traditional ROI: 2.69%
122 Lynn St Lebanon, IL 122 Lynn St, Lebanon, IL 62254 \| Single Family Residential	3 beds \| 1 baths \| 1,023 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.73% Airbnb Rental Income: $null Traditional Rental Income: $974 Airbnb ROI: N/A Traditional ROI: 2.73%
35 Harmon Dr Lebanon, IL 35 Harmon Dr, Lebanon, IL 62254 \| Single Family Residential	4 beds \| 2 baths \| 2,718 sq.ft.	$294,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $2070 Airbnb ROI: N/A Traditional ROI: 3.9%
206 Pine Trl Lebanon, IL 206 Pine Trl, Lebanon, IL 62254 \| Single Family Residential	4 beds \| 3 baths \| 2,540 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $2381 Airbnb ROI: N/A Traditional ROI: 2.18%

Real Estate investment in Lebanon, IL

There are 16 properties for sale in the city of Lebanon . The median list price in Lebanon is $193,884 and the average price per square foot is $94. In August 2026, the average monthly cash on cash return in Lebanon is 3.00%. The average monthly rental income in Lebanon is $2,139.

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

There are 16 investment properties available for sale in Lebanon.

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

The ROI for Short-Term is higher than the Long-Term in Lebanon with average rental income of $813.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, IL

10929 Kentfield Drive

Lebanon, IL

2 beds | 2 baths | 1,354 sq.ft.

$178,600

Airbnb cash on cash: -0.26%

Traditional cash on cash: 7.56%

Airbnb Rental Income: $813

Traditional Rental Income: $1818

Airbnb ROI: -0.26%

Traditional ROI: 7.56%

220 S Saint Clair St

Lebanon, IL

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

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.45%

Airbnb Rental Income: $null

Traditional Rental Income: $1089

Airbnb ROI: N/A

Traditional ROI: 3.45%

1114 Indian Ct

Lebanon, IL

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

$360,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2728

Airbnb ROI: N/A

Traditional ROI: 6.59%

1005 Merrill St

Lebanon, IL

3 beds | 2 baths | 1,900 sq.ft.

$205,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.08%

Airbnb Rental Income: $null

Traditional Rental Income: $1915

Airbnb ROI: N/A

Traditional ROI: 7.08%

1454 Scott Troy Rd

Lebanon, IL

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

$3,000,000

Airbnb cash on cash: -2.91%

Traditional cash on cash: -2.98%

Airbnb Rental Income: $1503

Traditional Rental Income: $873

Airbnb ROI: -2.91%

Traditional ROI: -2.98%

58 Harmon Dr

Lebanon, IL

3 beds | 1 baths | 1,564 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1293

Airbnb ROI: N/A

Traditional ROI: 3.1%

415 Hillcrest Dr

Lebanon, IL

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

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2321

Airbnb ROI: N/A

Traditional ROI: 5.89%

10000 Rieder Rd

Lebanon, IL

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

$2,500,000

Airbnb cash on cash: -3.09%

Traditional cash on cash: -2.93%

Airbnb Rental Income: $813

Traditional Rental Income: $866

Airbnb ROI: -3.09%