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
702 Mary Jane St Lebanon, IL Charming brick home with plenty of space. Enjoy the large eat-in kitchen that opens to the...	3 beds \| 2 baths \| 2,721 sq.ft.	$260,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 5% Airbnb Rental Income: $1924 Traditional Rental Income: $1867 Airbnb ROI: 3.16% Traditional ROI: 5%
512 S Herman Street Lebanon, IL BACK ON MARKET DUE TO NO FAULT OF SELLER. Beautifully Renovated Home in a Great Neighborho...	3 beds \| 2 baths \| 1,677 sq.ft.	$234,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 3.27% Airbnb Rental Income: $1924 Traditional Rental Income: $1373 Airbnb ROI: 3.46% Traditional ROI: 3.27%
11274 Branding Stone Drive Lebanon, IL Welcome home to this beautifully maintained 3-bedroom, 2-bath home located at the end of a...	3 beds \| 2 baths \| 1,539 sq.ft.	$129,900	Airbnb cash on cash: 8.54% Traditional cash on cash: 11.55% Airbnb Rental Income: $1924 Traditional Rental Income: $1790 Airbnb ROI: 8.54% Traditional ROI: 11.55%
223 N Pearl Street Lebanon, IL Welcome to 223 N Pearl, a beautifully updated and truly move-in-ready 3 bedroom, 2 bathroo...	3 beds \| 2 baths \| 1,293 sq.ft.	$185,000	Airbnb cash on cash: 5.23% Traditional cash on cash: 5.24% Airbnb Rental Income: $1924 Traditional Rental Income: $1415 Airbnb ROI: 5.23% Traditional ROI: 5.24%
1011 Belleville Street Lebanon, IL Discover the exceptional space and flexibility offered in this impressive 5-bedroom 4-bath...	5 beds \| 4 baths \| 1,907 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $2653 Airbnb ROI: N/A Traditional ROI: 4.46%
102 Windy Hill Ln Lebanon, IL 102 Windy Hill Ln, Lebanon, IL 62254 \| Single Family Residential	4 beds \| 3 baths \| 4,586 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.58% Airbnb Rental Income: $null Traditional Rental Income: $2241 Airbnb ROI: N/A Traditional ROI: 0.58%
126-128-128 Perryman St Lebanon, IL 126-128-128 Perryman St, Lebanon, IL 62254 \| Single Family Residential	8 beds \| 4 baths \| 2,902 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $2392 Airbnb ROI: N/A Traditional ROI: 4.28%
0 College Rd Lebanon, IL 0 College Rd, Lebanon, IL 62254 \| Other	N/A beds \| N/A baths \| N/A	$499,000	Airbnb cash on cash: 0.59% Traditional cash on cash: -1.75% Airbnb Rental Income: $2489 Traditional Rental Income: $792 Airbnb ROI: 0.59% Traditional ROI: -1.75%
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: -2.62% Traditional cash on cash: -2.89% Airbnb Rental Income: $2489 Traditional Rental Income: $1117 Airbnb ROI: -2.62% Traditional ROI: -2.89%
801 Scott Troy Road Lebanon, IL Enjoy peace, privacy, and space in this 5 bedroom, 2 bath home nestled on almost 4 acres a...	5 beds \| 2 baths \| 2,016 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 9.06%

Real Estate investment in Lebanon, IL

There are 12 properties for sale in the city of Lebanon . The median list price in Lebanon is $345,000 and the average price per square foot is $176. In January 2026, the average monthly cash on cash return in Lebanon is 3.00%. The average monthly rental income in Lebanon is $2,168.

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

There are 12 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 $2,168.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, IL

702 Mary Jane St

Lebanon, IL

3 beds | 2 baths | 2,721 sq.ft.

$260,000

Airbnb cash on cash: 3.16%

Traditional cash on cash: 5%

Airbnb Rental Income: $1924

Traditional Rental Income: $1867

Airbnb ROI: 3.16%

Traditional ROI: 5%

512 S Herman Street

Lebanon, IL

3 beds | 2 baths | 1,677 sq.ft.

$234,000

Airbnb cash on cash: 3.46%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $1924

Traditional Rental Income: $1373

Airbnb ROI: 3.46%

Traditional ROI: 3.27%

11274 Branding Stone Drive

Lebanon, IL

3 beds | 2 baths | 1,539 sq.ft.

$129,900

Airbnb cash on cash: 8.54%

Traditional cash on cash: 11.55%

Airbnb Rental Income: $1924

Traditional Rental Income: $1790

Airbnb ROI: 8.54%

Traditional ROI: 11.55%

223 N Pearl Street

Lebanon, IL

3 beds | 2 baths | 1,293 sq.ft.

$185,000

Airbnb cash on cash: 5.23%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1924

Traditional Rental Income: $1415

Airbnb ROI: 5.23%

Traditional ROI: 5.24%

1011 Belleville Street

Lebanon, IL

5 beds | 4 baths | 1,907 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2653

Airbnb ROI: N/A

Traditional ROI: 4.46%

102 Windy Hill Ln

Lebanon, IL

4 beds | 3 baths | 4,586 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.58%

Airbnb Rental Income: $null

Traditional Rental Income: $2241

Airbnb ROI: N/A

Traditional ROI: 0.58%

126-128-128 Perryman St

Lebanon, IL

8 beds | 4 baths | 2,902 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2392

Airbnb ROI: N/A

Traditional ROI: 4.28%

0 College Rd

Lebanon, IL

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

$499,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: -1.75%

Airbnb Rental Income: $2489

Traditional Rental Income: $792

Airbnb ROI: 0.59%