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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    200 Munster St, Germantown, IL 62245-1004

    1,940 SF 0.39 ac lot Built 1900
    Individually Owned ~ Est. High Equity
    Property ID
    US28-1120214
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1900
    Construction MIXED
    Total area 1,940 SF
    Lot 0.39 ac (16,988 SF)
    Zoning code 51
    APN 12-11-04-485-001
    UPID US28-1120214
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Thomas S Feldman
    Thomas S Feldman
    since 2025
    Last sale
    $105,000
    4 recorded transactions
    2025
    2023
    $105,000
    2005
    2005
    $101,000
    Zoning & alternative use
    51 · Germantown, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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