Property profile

200 Munster St Germantown, IL 62245

OFF-MARKET
Commercial real estate
Property ID
US28-1120214
1,940 SF 0.39 ac lot Built 1900
Individually Owned ~ Est. High Equity
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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

Location

200 Munster St Germantown, IL 62245-1004
Germantown metro Census 900601 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$105k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2025
Last sale
$105,000
4 recorded transactions
2025
Price N/A
2023
$105,000
2005
Price N/A
2005
$101,000

Zoning & alternative use

51 · Germantown, IL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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