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29831275
29831265

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

RE/MAX Traders Unlimited
RE/MAX Traders Unlimited
Listed by RE/MAX Traders Unlimited
$395,000
105 days on market
Updated 2 days ago

614-616 State Route 116

Details
Property Type Office
Sub Type Traditional Office
Square Footage 6,168
Net Rentable (SqFt) 6,168
Units 2
Cap Rate 11.89%
NOI $46,965
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Price per SqFt $64
Broker Co-Op True
Year Built 2015
Buildings 1
Stories 1
Zoning Commercial
Ownership LLC

Fully Leased Office Building for Sale in Germantown Hills/Metamora

Marketing description

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.

Investment highlights

  • Fully Lease with Multi-Year Leases
  • Rents are $61,200 and expenses are $14,235 (taxes, insurance, lawn/snow/garbage).
  • Generous size parking lot, is all
  • All ADA compliant
  • 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.

Listing Contacts

RE/MAX Traders Unlimited
RE/MAX Traders Unlimited
Listed by RE/MAX Traders Unlimited

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$46,965.00
$3,913.75/mo

Valuation Metrics

0
DSCR
11.89%
Cap Rate
11.89%
ROI

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