This .7-acre corner lot in Lebanon, IL offers a great opportunity for those looking for rural tranquility with easy access to city amenities. Located just minutes from downtown Lebanon, this spacious lot provides ample room for building your dream home or exploring other development possibilities. With its peaceful surroundings and convenient location, it’s the perfect blend of rural charm and proximity to essential services. It is ideal for anyone looking to invest in a promising property in a growing community. Buyer or buyer's agent to verify MLS details
Property Details
Property Features
Listing Office:
Office Name: Worth Clark Realty
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.72 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $60,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lebanon, IL.
This property is $150K less than the Median Sold Price in Lebanon, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MARIS
MLS Number: #24071127
Listing Office:
Office Name: Worth Clark Realty
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$367
Per Month
Principal & Interest
$300
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$246
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Lebanon Elementary School
408 Mary Jane St
Distance between this listing and this school2.79 miles
Public District Grades PK-5
6
/10
New Baden Elementary School
700 Marilyn Dr
Distance between this listing and this school5.90 miles
Public District Grades KG-3
6
/10
Delores Moye Elementary School
1010 Moye School Rd
Distance between this listing and this school6.84 miles
Public District Grades PK-5
Nearby Schools
6
/10
Wesclin Middle School
10003 State Route 160
Distance between this listing and this school4.74 miles
Public District Grades 4-8
5
/10
Amelia V Carriel Jr High School
451 N 7 Hills Rd
Distance between this listing and this school7.11 miles
Public District Grades 6-8
8
/10
Mascoutah Middle School
846 N 6th St
Distance between this listing and this school7.80 miles
Public District Grades 6-8
Nearby Schools
3
/10
Lebanon High School
200 W Schuetz St
Distance between this listing and this school2.65 miles
Public District Grades 6-12
5
/10
Wesclin Sr High School
699 Wesclin Rd
Distance between this listing and this school4.52 miles
Public District Grades 9-12
8
/10
O Fallon High School
600 S Smiley St
Distance between this listing and this school7.66 miles
The neighbors living near this home have an average income of $104,478. Typical income of Lebanon, IL residents is between $100k-200k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10966 US Highway 50
What is the listing price of this property?
The listing price of 10966 US Highway 50 property is $60,000.
What type of property is this?
The property 10966 US Highway 50 is land located in Lebanon, Illinois, 62254.
Is this property for sale now?
Active Listing: 10966 US Highway 50 is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 10966 US Highway 50 in Lebanon, IL and zip code 62254. This home sits on a 0.72 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $60,000.
While more than 3 listings in Lebanon, IL in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 4 were sold below. In November 2024 in Lebanon, IL there were 13.8% more homes for sale than in October 2024. Listings spent 66 days on the market in November 2024, and had a median list price of $210,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.