Property profile

124 E Oak Knoll Dr Hampshire, IL 60140

FOR SALE
Other commercial real estate
Property ID
US28-0091800
1,184 SF 0.58 ac lot Built 1960
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

A remodeled 1,400-square-foot commercial building sits on a 0.48-acre lot with frontage on Illinois Route 72. The property has an established curb cut and is zoned B-2 General Business District, which permits a range of uses including retail, professional office, medical or dental practice, salon/spa, boutique fitness, financial services, and quick-service restaurant concepts. The interior includes updated flooring, contemporary lighting, modern finishes, and natural light, with an open and flexible layout suitable for configurations such as a boutique office, a customer-facing retail storefront, or a wellness space. The site provides ample parking with convenient ingress and egress, and the property layout supports potential expansion or redevelopment, including the possibility of adding a drive-thru pad or creating a small multi-tenant strip.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 1,184 SF
Lot 0.58 ac (25,265 SF)
APN 01-27-151-031
UPID US28-0091800

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spiritual Center
  • Tax Preparation

Location

124 E Oak Knoll Dr Hampshire, IL 60140
Hampshire metro Census 850705 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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