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B-2 Office Building
For Sale
$319,000

118 E Oak Knoll Drive, Hampshire, IL 60140

Commercial Sale, Hampshire, IL

Property SizeContact for details
Lot Size0.49 Acres
Days on Market100

Property Features for 118 E Oak Knoll Drive

General Information

Property type Commercial Sale
Property subtype Office
Directions Oak Knoll Dr. Route 72. Property is on the north side of the street. Next to Chick N Dip restaurant.
Subdivision Hampshire / Pingree Grove
Standard status Active
APN 0127151009
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6546

Utilities

Cooling system Central Air

Building Details

Year built 1956
Floors in Building 1
Listing Agency: RE/MAX Deal Makers · RE/MAX International
Listed By: Bruce Burklow · License #471018907
Added: Jun 3 Changed: Aug 20 Last Checked: Sep 10 at 7:06AM
MLS# 12667593

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property at 118 E Oak Knoll Drive in Hampshire carries B-2 zoning and was built in 1956. Central air is installed, and the site encompasses 0.49 acres. The stated use profile includes office, retail, medical professional, service, and restaurant applications, providing a range of commercial possibilities within the designated zoning framework.

The property fronts Route 72 and includes parking. It is located next to Chick N Dip in Hampshire, Illinois, within Kane County. The combination of a Route 72 address, B-2 zoning, central air, and an established building provides a straightforward commercial property profile for an owner-user or other buyer evaluating office-oriented space.

Key Highlights

  • B‑2 zoning
  • 0.49‑acre site
  • Located on Route 72 in Hampshire

Property Analytics

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Current Use

El Chido Street ... Restaurant Hampshire Commons Construction Company

Suggested Use

Top Pick Restaurant Hair Salon Pharmacy Dental Office Spa & Massage Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 60140, IL

21,902
Population
7,325
Households
3
Avg Household Size
37
Median Age
38%
College-Educated
93%
High-School Grad
81.0 sq mi
ZIP Area
270
Density / Sq Mi
$114,675
Median Household Income
$58,111
Median Earnings
$1,379
Median Rent
$316,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office property with B-2 zoning and central air.
Where is this office building located?
The property is located at 118 E Oak Knoll Drive Hampshire, IL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: B‑2 zoning; 0.49‑acre site; Located on Route 72 in Hampshire
More about this property
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