6,000 sqft

$379,000

614-616 State Route 116 Highway, Germantown Hills IL, 61548

Price per sqft$63.17

Property size6,000 sqft

Property typeCommercial

Courtesy of eXp Realty, Listing Contact:

Overview

Active

Listed Sep 3, 2026

Updated 5 days ago

This investment property provides exceptional cash flow with 12%+ Cap rate. NEW ROOF installed 10/2/26. 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 A tenant occupies half of the main level and approximately 25% of the building. Suite B 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

Other Property Details

Taxes: $7,061
Tax Frequency: Annually

Listings courtesy of RMLS Alliance as distributed by MLS GRID

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