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B-2 Commercial Land
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 Market79

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: Aug 20 at 3:06PM
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 0.49-acre commercial land parcel is designated B-2 and positioned along Route 72 in Hampshire, Illinois. The property record identifies central air and a 1956 year built, indicating existing site history associated with the parcel.

The property is adjacent to Chick N Dip and situated within an area described as having residential and commercial development. Its Route 72 frontage provides direct corridor exposure, while on-site parking is included in the property description. The parcel is located in Kane County and carries a Hampshire, IL 60140 mailing address.

Key Highlights

  • 0.49‑acre commercial land parcel
  • B‑2 zoning
  • Located on Route 72 in Hampshire

Property Analytics

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Nearly half an acre along Route 72 with B-2 zoning and access to on-site parking.
Where is this commercial land 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: 0.49‑acre commercial land parcel; B‑2 zoning; Located on Route 72 in Hampshire
More about this property
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