278 N State Street Hampshire, IL $ 435,000
278 N State Street
$ 435,000
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278 N State Street

Hampshire, IL, 60140
$ 435,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,714

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Commercial Property for sale in Hampshire, IL

for $435,000. This building was built in 1958 on a lot size of 0.15.

Prime mixed-use opportunity in the north end of the Hampshire Business District, positioned directly on State Street along the village's main downtown corridor. This location delivers excellent visibility and access while benefiting from Hampshire's steady growth and strong connection to the broader Northern Illinois market. The main level features two office units accessed through a shared entry vestibule with a common restroom. Upstairs, a spacious three-bedroom apartment is accessed via a private exterior staircase and offers true hardwood flooring, in-unit laundry, and a large deck overlooking the surrounding area. Additional highlights include a security system, parking for nine vehicles total, a rear garage, and dedicated storage space. Located within highly regarded Community School District 300, this versatile property presents a strong opportunity for owner-occupants or investors seeking income potential in a well-positioned downtown setting.

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Commercial Active

Price

$ 435,000

Property Type

Commercial

Taxes

$ 9,400

Style

Lot Size

0.15

Year Built

1958

Town/City

Hampshire

County/Region

Kane

MLS | Web ID

12531521

Features
General
Cooling Central Air
Year Built 1958
Electric Service - 201 to 600 Amps
Stories Count 2
Township Hampshire
Property Subtype Mixed Use
Tax Year 2024
Gross Income 450
County Kane
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status New
Directions RT 72 TO STATE N PROPERTY WILL BE ON THE LEFT
City Hampshire
Number Of Units Total 3
MLS Area Hampshire / Pingree Grove
Lot Size Square Feet 6534
Tax Annual Amount 9400
Electric Expense 200
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 170x20
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* Excluded Features
List By
Legacy Properties, A Sarah Leonard Company, Llc

Broker

sarah@sarahleonardsells.com

Email

Affordability Calculator

$3,497
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,714
Monthly Property Taxes
$783
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
Pricing History
DatePricePrice ChangeDescription
12/19/2025$435,000 Listed Price

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278 N State Street, Hampshire, IL, 60140 is a Commercial Property for sale at $435,000 with a lot size of 0.15. 278 N State Street was built in 1958. The property's zip code is 60140 which is in Hampshire, IL