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Office Building with Road Frontage
For Sale
$320,000

124 E Oak Knoll Drive, Hampshire, IL 60140

Commercial Sale, Hampshire, IL

Property Size2,578 SF
Lot Size0.48 Acres
Price / SF$124.13
Days on Market189

Property Features for 124 E Oak Knoll Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions Oak Knoll Dr. is Route 72. Property is on the North Side of the Street. Two doors from the Chick N Dip Resturant.
Subdivision Hampshire / Pingree Grove
Standard status Active
APN 0127151031
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6719

Utilities

Utilities Water Available
Sewer type Public Sewer
Cooling system Window Unit(s)

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Flooring type Wood, Vinyl
Building materials Aluminum Siding
Listing Agency: Keller Williams Inspire - Geneva · Keller Williams Realty
Listed By: Alissa Roy · License #475161511
Added: Mar 31 Changed: Oct 2 Last Checked: Oct 5 at 6:06PM
MLS# 12606670

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 contains 1,289 square feet on the main level, with a separate 1,289-square-foot unfinished basement and an attached two-car garage. Renovation work includes updated flooring and lighting; the interior also has natural light. The building was constructed in 1960 and has aluminum siding.

The 0.48-acre parcel fronts Illinois Route 72 and includes an established curb cut. Traffic exposure is reported at approximately 12,000 vehicles per day. Water is available, and the property is served by public sewer.

Key Highlights

  • 1,289‑square‑foot main level and 1,289‑square‑foot unfinished basement
  • 0.48‑acre parcel with Illinois Route 72 frontage and an established curb cut
  • Approximately 12,000 vehicles per day of reported traffic exposure

Property Analytics

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Current Use

psychic reader and advisor Spiritual Center H&R Block Tax Preparation

Suggested Use

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

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

Lease Details

12,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

143
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
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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
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Frequently Asked Questions

What type of property is this?
Office building - The updated interior offers an open layout with natural light, vinyl and wood flooring, and an unfinished lower level.
Where is this office building located?
The property is located at 124 E Oak Knoll Drive Hampshire, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,289‑square‑foot main level and 1,289‑square‑foot unfinished basement; 0.48‑acre parcel with Illinois Route 72 frontage and an established curb cut; Approximately 12,000 vehicles per day of reported traffic exposure
More about this property
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