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Listed by Justin Ball • RE/MAX Traders Unlimited
$395,000
Est. payment /mo
6,168 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,168 sqft
Price per Sqft $64
MLS Listing ID PA1266754
Year Built 2015
Annual Tax Amount $6,760
Tax Year 2024
Lot Size 1.040 Acres
Acres 1.04
Property Sub-Type Commercial
Source rmlsa
Property Description
This fully leased, investment property is conveniently located between Germantown Hills and Metamora. It is currently divided into two suites, 614 and 616 and is fully leased. Suite 614 tenant is a counseling services office that occupies 25% of the building (1,500 SF main level). Suite 616 has a long term tenant that has signed a new 2 year lease and occupies the remaining 75% of the building - 1,500SF main floor and the lower level apartment unit with full kitchen, restroom and two separated garages. 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.
Location
State IL
County Woodford
Area Paar Area
Zoning Commercial
Direction Route 116 and Frontage Road
Interior
Heating Forced Air, Natural Gas, Individual Unit
Cooling Central Air, Multi Units
Flooring Carpet
Fireplace N
Exterior
View true
Roof Type Composition Shingle,Sloped
Garage 1
Building
Building Description Brick,Vinyl Siding,Frame,Stone, Cable,Fiber Optics
Faces Route 116 and Frontage Road
Sewer Septic Tank
Structure Type Brick,Vinyl Siding,Frame,Stone
Others
Tax ID 08-26-101-002
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