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Strip Mall with Multiple Leased Units
For Sale
Contact for pricing
Pending

260 N State St, Hampshire, IL 60140

Strip mall includes multiple fully leased units, on-site parking for 30+ vehicles, and professionally landscaped grounds.

Property SizeContact for details
Days on Market149

Property Features for 260 N State St

General Information

Standard status Pending
Total Parking Spaces 30
Property subtype Retail
Occupancy 100%

Additional Details

Road Access Yes

Amenities

professional landscaping

Building Details

Tenancy Multi
Listing Agency: Lewke Partners | Keller Williams Success Realty
Listed By: Tyler Lewke · License #IL 471002170
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 1 at 12:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lewke Partners | Keller Williams Success Realty

Investment Insights

Based on property information with market context.

This strip mall offers a mix of newly built and remodeled leased units within a professionally landscaped property. The asset includes four newly built units from 2006, as well as four additional remodeled units within an original 1.5-story building built in 1955; all units are fully leased. The property also features a new roof and includes on-site parking for 30+ vehicles.

The property is positioned with 195 feet of frontage on a road serving the Hampshire central business district.

Current tenant mix noted in the remarks includes a pharmacy, eye doctor, employment agency, photographer, restaurant, and office space.

Key Highlights

  • 195 ft of Hampshire central business district frontage on a frontage road
  • 4 newly built units in 2006, fully leased
  • Additional 4 remodeled units in an original 1.5‑story building built in 1955, fully leased

Property Analytics

Current Use

Medical Waste Pros Waste Management Facility RPHemp Big Box & Wholesale Store

Suggested Use

Top Pick Hair Salon Pharmacy Spa & Massage Center Law Firm Nail Salon (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
James Chrysler Dodge Jeep Ram Shops & Services
1,274 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Strip mall includes multiple fully leased units, on-site parking for 30+ vehicles, and professionally landscaped grounds.
Where is this shopping center located?
The property is located at 260 N State St Hampshire, IL.
What are key features of this property?
This property features: 195 ft of Hampshire central business district frontage on a frontage road; 4 newly built units in 2006, fully leased; Additional 4 remodeled units in an original 1.5‑story building built in 1955, fully leased
(815) 444-6790 Call to check price and availability
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