124 E Oak Knoll Drive, Hampshire, IL 60140
COMMERCIAL - Hampshire, IL
- Added:
- Mar 31, 2026
- Days on Market:
- 87
- Last Refresh:
- Jun 25 at 2:06 pm
Property Features for 124 E Oak Knoll Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- COMMR
- Standard status
- Active
- APN
- 0127151031
- Size
- 1,289 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6719
Utilities
- Utilities
- Water Available
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl, Wood
- Building materials
- Aluminum Siding
Listing agent Alissa Roy License #475161511 (630) 377-6200
Listing office Keller Williams Inspire - Geneva 416 S 2nd Street, Geneva, IL (630) 262-9500
Listing date Mar 31, 2026
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.
HighLights
- Prime location on Route 72 with high traffic exposure (approx. 12,000 vehicles per day).
- Flexible B‑2 zoning allows for a wide range of commercial uses (retail, office, medical, QSR, etc.).
- Recently renovated, move‑in ready interior with modern finishes and abundant natural light.
- Located in a rapidly growing area with strong demographics: high median household income ($90,000+) and significant consumer spending.
- Ample on‑site parking and expansion/redevelopment potential (drive‑thru, multi‑tenant strip).
- Functional space: 1,289 sq ft main level, 1,289 sq ft unfinished basement, and attached two‑car garage.
Overview
Located on a spacious 0.48-acre site with established curb cut and prominent Illinois Route 72 frontage, the building is positioned for easy access and visibility along a busy commercial corridor. The property provides ample on-site parking with convenient ingress and egress, and it offers room for future expansion or outdoor use. Public remarks also reference significant vehicle exposure on Route 72.
With flexible commercial zoning identified as COMMR, the building can support a variety of business formats, including professional office and medical or retail-oriented concepts, depending on tenant needs. The combination of remodeled interior condition, practical back-of-house space, and strong roadway access makes the property well-suited for an owner-user looking for immediate occupancy or for an operator considering future site reconfiguration such as additional tenant space or a drive-through pad.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.5k | $25.20 |
| − Vacancy | −$2.6k | −$2.04 |
| EGI | $29.9k | $23.16 |
| − OpEx | −$11.9k | −$9.26 |
| NOI | $17.9k | $13.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hampshire
- County
- Kane
- State
- Illinois
- Longitude
- -88.5283929
- Latitude
- 42.0885601
