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

Property Description

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