895 S State St Hampshire, IL 60140
For Sale
This exceptional 10,387 square foot professional building is situated at 895 S State Street S in Hampshire, Illinois. Offered at $1,700,000, this property presents a significant opportunity for investors and business owners alike. The building is exceptionally well-maintained and boasts a desirable location within a thriving business community, offering numerous possibilities for diverse commercial ventures. The substantial square footage allows for ample space to accommodate a variety of business needs, from offices and retail spaces to specialized professional services. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Hampshire market. The building's excellent condition minimizes immediate capital expenditure requirements, allowing for a swift and efficient transition for new owners. This is a rare opportunity to acquire a well-established and versatile commercial property in a highly sought-after location. Serious inquiries are encouraged to explore the full potential of this exceptional investment. The property sits on a lot with zero acres. The property type is classified as "Other".
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.