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260-270 N State Street Hampshire, IL $ 1,230,000
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$ 1,230,000 Get more info
260-270 N State Street
$ 1,230,000
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260-270 N State Street

Hampshire, IL, 60140
$ 1,230,000
Bedrooms-- Baths-- Sq 10,500

Monthly Estimate*

$ 7,766

260-270 N State Street, Hampshire, IL 60140 - Image 1
260-270 N State Street, Hampshire, IL 60140 - Image 2
260-270 N State Street, Hampshire, IL 60140 - Image 3
260-270 N State Street, Hampshire, IL 60140 - Image 4

Commercial Property for sale in Hampshire, IL

for $1,230,000. This 10,500 square foot building was built in 1955 on a lot size of 0.761019.

Excellent investment opportunity. 195 feet of Hampshire central business district frontage road. 5 units built in 2006 that are fully leased and an additional remodeled 4 units in original 1.5 story building built in 1955 that is fully leased as well. Currently being occupied by a pharmacy, eye doctor, restaurant, photographer, staffing agency and other offices. Onsite parking for 30+ vehicles. Professionally landscaped. Hampshire is growing quickly, this is an excellent income opportunity to take advantage of before this area skyrockets. Call Co-List Agent today for more information.

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Commercial Active

Price

$ 1,230,000

Property Type

Commercial

Taxes

$ 24,698

Style

Retail

Lot Size

0.761019

Year Built

1955

Town/City

Hampshire

County/Region

Kane

MLS | Web ID

12732950
Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Split-face Block Pre-cast Brick Synthetic Stucco
Year Built 1955
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat Repairs
Stories Count 1
Township Hampshire
Tax Year 2024
Current Use Commercial
Gross Income 123120
Business Type Retail
Additional Parcels Description 0121427009
Assoc Fee Paid Per Not Applicable
County Kane
Net Operating Income 83120
Operating Expense 40000
Insurance Expense 7000
Property Type Commercial Sale Retail/Stores
Status New
Directions Rt. 20 (Lake St.) West Pass Rt. 47 Unto Rt. 72 to State St. North To 260-270.
City Hampshire
Number Of Units Total 9
MLS Area Hampshire / Pingree Grove
Lot Size Square Feet 33150
Tax Annual Amount 24698.64
Electric Expense 1100
Trash Expense 2400
Additional Parcels Y/N Y
Leasable Area 10500
Standard Status Active
Cap Rate 6.75
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 10500
Lot Dimensions 195X170
Frontage Type City Street
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* Excluded Features
List By
Keller Williams Success Realty

Broker

tyler@lewkepartners.com

Email

Affordability Calculator

$9,825
Per Month
79%
21%
0%
Monthly Principal & Interest
$7,766
Monthly Property Taxes
$2,058
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/24/2026$1,230,000 Listed Price

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260-270 N State Street, Hampshire, IL, 60140 is a Commercial Property for sale at $1,230,000 with 10,500 sqft and a lot size of 0.761019. 260-270 N State Street was built in 1955. The property's zip code is 60140 which is in Hampshire, IL

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