• 614-616 State Route 116 HWY #614 and 616, Germantown Hills, IL 61548
    614-616 State Route 116 HWY #614 and 616, Germantown Hills, IL 61548
    614-616 State Route 116 HWY #614 and 616, Germantown Hills, IL 61548
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    Listed by Justin Ball • RE/MAX Traders Unlimited
    $395,000
    Est. payment /mo
    6,168 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 6,168 sqft

    Price per Sqft $64

    MLS Listing ID PA1264266

    Year Built 2015

    Annual Tax Amount $6,760

    Tax Year 2024

    Lot Size 1.040 Acres

    Acres 1.04

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    This fully leased office building investment property (2 commercial tenants) is conveniently located in between Germantown Hills and Metamora. A new counseling center is the 614 tenant. 616 has a long term tenant that just signed a new lease and occupies 75% of the building - 1500SF main floor and the lower unit with full kitchen, restroom and two garages. Rents are $61,200 and projected expenses are $14,235 (taxes, insurance, lawn/snow/garbage). The property includes a generous size parking lot, is all ADA compliant, and has business park association/co-ownership for access to the surrounding land, septic and water.

    Location

    State IL

    County Woodford

    Area Paar Area

    Zoning Commercial

    Direction Route 116 and Frontage Road

    Interior

    Heating Forced Air, Natural Gas, Individual Unit

    Cooling Central Air, Multi Units

    Flooring Carpet

    Fireplace N

    Exterior

    View true

    Roof Type Composition Shingle,Sloped

    Garage 1

    Building

    Building Description Brick,Vinyl Siding,Frame,Stone, Cable,Fiber Optics

    Faces Route 116 and Frontage Road

    Sewer Septic Tank

    Structure Type Brick,Vinyl Siding,Frame,Stone

    Others

    Tax ID 08-26-101-002


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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