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Fully Leased Shopping Center
New
For Sale
$1,230,000

260-270 N State Street, Hampshire, IL 60140

Commercial Sale, Hampshire, IL

Property SizeContact for details
Lot Size0.76 Acres
Days on Market4

Property Features for 260-270 N State Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Rt. 20 (Lake St.) West Pass Rt. 47, Unto Rt. 72 to State St. North To 260-270.
Subdivision Hampshire / Pingree Grove
Standard status Active
APN 0121427008
Lot size 0.76 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 24699

Utilities

Cooling system Central Air

Amenities

professionally landscaped

Building Details

Year built 1955
Floors in Building 1
Number of units 9
Building materials Split-face Block, Pre-cast, Brick, Synthetic Stucco
Listing Agency: Keller Williams Success Realty · Keller Williams Realty
Listed By: Tyler Lewke · License #471002170
Added: Aug 24 Last Checked: Aug 27 at 12:06AM
MLS# 12732950

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 shopping center includes five units constructed in 2006 and four remodeled units within an original 1.5-story building dating to 1955. All units are leased, with current occupancy spanning pharmacy, medical, restaurant, photography, staffing, and office uses. Building materials include split-face block, pre-cast elements, brick, and synthetic stucco, with central air conditioning serving the property.

The site encompasses 0.761 acres at 260-270 N State Street in Hampshire, Illinois, with 195 feet of frontage along the central business district frontage road. On-site parking accommodates 30+ vehicles, and the grounds are professionally landscaped. The property is zoned COMMR.

Key Highlights

  • Nine fully leased units across two building components
  • Five units built in 2006
  • Four remodeled units in an original 1.5‑story building built in 1955

Property Analytics

Current Use

Shopping centers

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

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 - Nine leased units combine newer construction with remodeled space in a central business district setting.
Where is this shopping center located?
The property is located at 260-270 N State Street Hampshire, IL.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: Nine fully leased units across two building components; Five units built in 2006; Four remodeled units in an original 1.5‑story building built in 1955
More about this property
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