If it were me, I would probably just leave it alone, as a light on a power switch, on a brick that is probably out of sight anyway isn't going to bother me.
That said, it might be worth trying to give Lionel a call, they might just have the part, or could give you a part number for an exact replacement. If that fails, I think you'll have to remove the switch and take some measurements, then locate a similar switch from one of the electronics suppliers. I doubt Lionel used some odd-ball size, so it's probably not going to be too hard to find something that will work. mostly just need to find one that fits in the same hole, and has equal, or better voltage/current ratings.
JGL
Edit: Looks Like CJack has the fix outlined pretty well in the other thread.