Install package tools: sudo apt-get install checkinstall
CheckInstall keeps track of all files installed by a "make install" or equivalent, creates a Slackware, RPM, or Debian package with those files, and adds it to the installed packages database, allowing for easy package removal or distribution.
Rebuild package using "checkinstall":
cd /path/to/extracted/packageKeep the resulting ".deb" file for future use. It can later be installed using:
sudo dpkg -i packagename.deb
Note: These are basic instructions that may not always work. Some packages require additional dependencies and optional parameters to be specified in order to build them successfully. Also see these Ubuntu wiki instructions.