614-616 State Route 116 Hwy - Office FOR SALE


Germantown Hills, IL 61548
$395,000 USD
309-323-0399
614-616 State Route 116 Hwy, Germantown Hills, IL for Sale
$395,000 USD
Office - FOR SALE
1/23
null | 11.89% Cap Rate

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


HIGHLIGHTS

  • Fully Leased Investment Property in Germantown Hills/Metamora

OVERVIEW

This fully leased, investment property is conveniently located between Germantown Hills and Metamora. It is currently divided into two suites, 614 and 616 and is fully leased. Suite 614 tenant is a counseling services office that occupies 25% of the building (1,500 SF main level). Suite 616 has a long term tenant that has signed a new 2 year lease and occupies the remaining 75% of the building - 1,500SF main floor and the lower level apartment unit with full kitchen, restroom and two separated garages. 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.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

11.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

614-616 State Route 116

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,168 SF

ZONING

Commercial

APN/PARCEL ID

08-26-101-007

ASK ABOUT THIS PROPERTY

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.