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Leased Mixed-Use Property
New
For Sale
$379,900

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

Commercial Sale, Germantown Hills, IL

Property SizeContact for details
Lot Size1.04 Acres
Days on Market4

Property Features for 614-616 State Route 116 Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Directions Route 116 North from EP thru Germantown Hills, property is on Frontage road on West side.
Standard status Active
APN 08-26-101-007
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description T27N - R3W - S26 Unit 1 & 2 pt of Lot 2 Paul's commercial sub
Tax Annual Amount 7061
Legal Description T27N - R3W - S26 Unit 1 & 2 pt of Lot 2 Paul's commercial sub

Utilities

Sewer type Septic Tank
Heating system Forced Air, Natural Gas
Cooling system Central Air, Multi Units

Building Details

Floors in Building 1
Flooring type Concrete, Carpet, Tile
Building materials Brick, Vinyl Siding, Frame, Stone
Roof type Composition
Listing Agency: eXp Realty
Listed By: Frank McCloud
Added: Sep 3 Changed: Sep 5 Last Checked: Sep 6 at 8:06AM
MLS# PA1269838

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.

Investment Insights

Based on property information with market context.

This mixed-use property on State Route 116 includes two leased suites within a building configured for varied commercial and residential use. One suite occupies approximately 25% of the building and half of the main level. The second includes the remaining half of the main level, a lower-level two-bedroom apartment with a full kitchen, and two separated garages. The property has brick, vinyl siding, frame, and stone construction, with tile, concrete, and carpet flooring. Heating is provided by forced-air natural gas systems, with central air and multiple cooling units.

The 1.04-acre property includes a generous parking lot and commercial zoning. Ownership includes access to surrounding business park land, septic, and water through the business park association. The site uses a septic tank and has recently completed life-safety updates approved by the state Fire Marshal for Medicaid services. The property is located at 614-616 State Route 116 Highway in Germantown Hills, Illinois, between Germantown Hills and Metamora.

Key Highlights

  • Two suites are currently fully leased
  • 12%+ Cap rate
  • 1.04‑acre mixed‑use property on State Route 116

Property Analytics

Current Use

Office Units

Lease Details

2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 61548, IL

12,355
Population
4,671
Households
2.6
Avg Household Size
42
Median Age
51%
College-Educated
96%
High-School Grad
75.7 sq mi
ZIP Area
163
Density / Sq Mi
$114,167
Median Household Income
$61,659
Median Earnings
$1,018
Median Rent
$239,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-suite commercial property with an apartment, garages, parking, and ADA-compliant improvements.
Where is this mixed-use property located?
The property is located at 614-616 State Route 116 Highway Germantown Hills, IL.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two suites are currently fully leased; 12%+ Cap rate; 1.04‑acre mixed‑use property on State Route 116
More about this property
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