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    200 Munster St Germantown, IL 62245

    For Sale
    $195,000

    High-traffic corner lot, renovated building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property at 200 Munster Street in Germantown, Illinois, presents a wealth of possibilities. Situated on a highly visible 0.39-acre corner lot, this building offers unparalleled convenience and accessibility. Recently renovated, the interior boasts exposed original 11-foot ceilings, adding character and spaciousness. Two new bathrooms, updated light fixtures and ceiling fans, and pre-installed wiring for gaming machines, an ATM, and a house PA system enhance its functionality. The walls and ceilings are newly insulated, and the entire space is freshly painted. The property includes a large bar, a full kitchen, walk-in coolers, and a walk-up service window—ideal for food and beverage sales. A spacious open area provides flexibility for various uses, such as a stage and dance floor, seating arrangements, or merchandise displays. The expansive backyard features an outdoor game area with picnic tables, and a substantial 768 square foot garage offers ample storage. Previously operating as a bar and grill, this versatile property is well-suited for a wide range of commercial ventures. Its prime location and recent renovations make it an exceptional investment opportunity. The asking price is $195,000.

    Property Features for 200 Munster St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Skin Care Clinic Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Clinton-IL
    State
    Illinois
    Longitude
    -89.53831
    Latitude
    38.552

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, renovated building.
    Where is this commercial real estate located?
    The property is located at 200 Munster St Germantown, IL.
    What is the asking price?
    The asking price for this property is $195,000.
    228-7201
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    200 Munster St Germantown, IL 62245
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    Germantown, IL 62245
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Munster St Germantown, IL 62245
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