This club played briefly in the top-flight regional league in 1931–33 until a general re-organization of German football under the Third Reich into sixteen first division Gauliga in 1933 saw then shuffled down to second-level competition.

Following the conflict, occupying Allied authorities ordered the dissolution of organizations across the country, including sports and football clubs.

A merger in 1997 united the two clubs to create SV Lippstadt 08 and the new team earned promotion to the Oberliga Westfalen (IV) on the strength of a second-place result in the 1997–98 season.

After earning top three finishes in their first two seasons at that level Lippstadt has since generally ended in the lower half of the table, including a close brush with relegation in 2005 but it remained in the league until the Oberliga Westfalen was disbanded in 2008.

The club's honours: Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.