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124 E Oak Knoll Drive Hampshire, IL 60140 Commercial - Retail Active

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Description

Prime Route 72 Commercial Building - Modern, Flexible, and Positioned for Growth. This turnkey remodeled commercial building is perfectly positioned on a spacious 0.48-acre lot with prime Illinois Route 72 frontage and an established curb cut. This rare small-footprint property combines modern design, high visibility, and zoning versatility, offering endless potential for business owners, investors, and developers alike. Featuring approximately 12,000 vehicles per day of traffic exposure, this property commands attention along one of Hampshire's most active commercial corridors. The site's B-2 General Business District zoning allows a wide range of permitted uses including retail, professional office, medical or dental practice, salon or spa, boutique fitness, financial services, or quick-service restaurant (QSR) concepts such as coffee, smoothie, or sandwich shops. Recently renovated with modern finishes, updated flooring, stylish lighting, and abundant natural light, the interior delivers an open and flexible layout that can easily be configured to meet a variety of commercial needs. Whether you envision a boutique office, customer-facing retail storefront, or turnkey wellness space, the building's clean, contemporary aesthetic supports a professional and inviting atmosphere. Outside, the nearly half-acre site offers ample parking, convenient ingress and egress, and the flexibility to expand or redevelop-ideal for investors seeking to add a drive-thru pad or small multi-tenant strip. Located within the rapidly expanding Hampshire-Pingree Grove growth corridor, this property is surrounded by new residential subdivisions, expanding retail, and strong local demographics. Within a 5-mile radius, consumers spend more than $270 million annually across retail and service categories, supported by a median household income exceeding $90,000. As the region continues to attract families and professionals seeking affordable housing near the I-90 tollway, businesses along Route 72 benefit from steady traffic growth and population inflow. The area's combination of small-town charm and proximity to major employment centers positions Hampshire as one of Kane County's most promising commercial markets. Flexible B-2 zoning supports office, medical, retail, or QSR uses. The modern, renovated interior is move-in ready and well-suited for immediate occupancy. The property provides ample on-site parking with room for future expansion or outdoor use and offers excellent access to I-90 and the growing regional trade base. Redevelopment potential includes a drive-thru pad, multi-tenant strip, or owner-user headquarters. The building features 1,289 square feet on the main level, plus a full 1,289-square-foot unfinished basement and an attached two-car garage, offering nearly 3,000 square feet of total functional area-ideal for storage, service, or future expansion. Offered at $325,000 (1420/SF above grade, roughly 2644/SF of total usable space), 124 E Oak Knoll Drive is

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1960

General Information

County: Kane
Listed By:
Keller Williams Inspire - Geneva 630-262-9500
MRED MLS
$320,000
Est. $2,080/mo
New to the Market Active
SQUARE FEET1,184 MLS#12606670
STATUSActive PROPERTY TYPECommercial - Retail

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124 E Oak Knoll Drive, Hampshire, IL 60140.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $320,000$320,000$320,000
Down Payment $64,000$11,200$80,000
Monthly Mortgage Amount $1,535$1,884$1,961
Taxes $445$445$445
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$141$0
Monthly Estimated Total $2,080$2,570$2,506

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