614-616 State Route 116 Highway Germantown Hills, IL 61548
Other
MLS #: PA1269838
Courtesy Of eXp Realty
Property InformationDescription
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
Features
- Cooling System: Multi Units
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Exterior Type: Brick
- Exterior Type: Stone
- Exterior Type: Frame
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floors: 1
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: T27N - R3W - S26 Unit 1 & 2 pt of Lot 2 Paul's commercial sub
- MLSID: PA1269838
- Roof Type: Composition
Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
