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

  • 614-616 State Route 116 Highway, Unit 614 and 61, Germantown Hills, IL 61548 Main Photo

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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.

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 2015
Lot Size: 1.04 acres

General Information

County: Woodford
Listed By:
RE/MAX Traders Unlimited Mobile: 309-323-0399
RMLSA
$395,000
Est. $2,560/mo
Active
SQUARE FEET6,168 MLS#PA1266754
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors
563.441.1776

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614-616 State Route 116 Highway, Unit 614 and 61, Germantown Hills, IL 61548.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $395,000$395,000$395,000
Down Payment $79,000$13,825$98,750
Monthly Mortgage Amount $1,895$2,357$2,440
Taxes $550$550$550
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$174$0
Monthly Estimated Total $2,560$3,196$3,105

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