41W584 US HIGHWAY 20 Hampshire, IL 60140
COMMERCIAL - Hampshire, IL
- Added:
- Mar 5, 2026
- Days on Market:
- 129
- Last Refresh:
- Jul 12 at 11:06 pm
Property Features for 41W584 US HIGHWAY 20
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active Under Contract
- APN
- 0503300005
- Size
- 11,500 SF
- Lot size
- 1.34 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9741
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Building materials
- Block
- Roof type
- Membrane
Listing agent Ben Henrikson License #475091643 (630) 215-6600
Listing office RE/MAX Horizon 374 N McLean, Elgin, IL (847) 931-7500
Listing date Mar 5, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- High visibility location with B‑1 zoning and proximity to residential development.
- Heavy power: 800+ amps/240/3 phase.
- Two drive‑in doors (10'Hx12'W) and one dock level door.
Local Financial Insights For Warehouse
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 | $74.5k | $6.48 |
| − Vacancy | −$3.8k | −$0.33 |
| EGI | $70.7k | $6.15 |
| − OpEx | −$10.6k | −$0.92 |
| NOI | $60.1k | $5.23 |
