• 614-616 State Route 116 HWY, Germantown Hills, IL 61548
    614-616 State Route 116 HWY, Germantown Hills, IL 61548
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    Listed by Frank McCloud • eXp Realty
    $379,900
    Est. payment /mo
    6,000 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 6,000 sqft

    Price per Sqft $63

    MLS Listing ID PA1269838

    Annual Tax Amount $7,061

    Tax Year 2025

    Lot Size 1.040 Acres

    Acres 1.04

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    This investment property provides exceptional cash flow with 12%+ Cap rate. The high visibility property is conveniently located between Germantown Hills and Metamora. It is currently divided into two suites that are currently fully leased. Suite 614 tenant occupies half of the main level and approximately 25% of the building. Suite 616 has a long term tenant that has signed a new lease and occupies the remaining half of the main level, the lower level 2 BR apartment unit with full kitchen, and two separated garages. Total annual Rents are $61,200 and 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. Additional life safety updates were recently completed in 2026 and approved by the state Fire Marshall for Medicaid services to be provided at the site. Property is agent owned

    Location

    State IL

    County Woodford

    Area Paar Area

    Zoning commercial

    Direction Route 116 North from EP thru Germantown Hills, property is on Frontage road on West side.

    Interior

    Heating Forced Air, Natural Gas, Individual Unit

    Cooling Central Air, Multi Units

    Flooring Carpet, Concrete, Tile

    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 North from EP thru Germantown Hills, property is on Frontage road on West side.

    Sewer Septic Tank

    Structure Type Brick,Vinyl Siding,Frame,Stone

    Others

    Tax ID 08-26-101-007


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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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