Hampshire, IL Restaurants for sale

Updated: Mar 31

Remodeled Commercial Building with Parking

124 E Oak Knoll Drive, Hampshire, IL 60140

$320,000

1,289 sqft · 0.48 AC lot

Prime location on Route 72 with high traffic exposure (approx. 12,000 vehicles per day).
Flexible B‑2 zoning allows for a wide range of commercial uses (retail, office, medical, QSR, etc.).
Recently renovated, move‑in ready interior with modern finishes and abundant natural light.
Located in a rapidly growing area with strong demographics: high median household income ($90,000+) and significant consumer spending.
Ample on‑site parking and expansion/redevelopment potential (drive‑thru, multi‑tenant strip).

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This listing looks promising.

Here's a quick look at some key insights for

124 E Oak Knoll Drive, Hampshire, IL 60140

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Est. Cap Rate

5.6%
NOI ÷ price
Est. NOI

$18K
Annual
Mortgage

$241K
Jan 2018
Property Type

Commercial (General)
Built 1960

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Updated: Oct 6, 2025

Remodeled Commercial Building on Route 72

124 East Oak Knoll Drive, Hampshire, IL 60140

$325,000

1,400 sqft · 0.48 AC lot

Prime location on Illinois Route 72 with high visibility, boasting 12,000 vehicles per day traffic exposure.
Versatile B‑2 General Business District zoning allows for a wide range of uses.
Turnkey, remodeled 1,400 SF building with modern finishes, updated flooring, stylish lighting, and abundant natural light.
Spacious 0.48‑acre lot with ample parking, convenient access, and potential for expansion or redevelopment.
Flexible, open interior layout easily configurable for various commercial needs.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Hampshire, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Highway Frontage Commercial Property

227 Sycamore Road, Genoa, IL 60135

$435,000

0.96 AC lot

Commercial property with highway frontage and redevelopment potential.

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Drive-Thru Popeyes Investment Opportunity

2180 Randall Rd, Carpentersville, IL

$2,030,000

2,528 sqft · 0.98 AC lot

Freestanding Popeyes in Chicago MSA with absolute NNN lease.

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Established Bar with Gaming

209 W Main St, Genoa, IL

$275,000

1,512 sqft · 0.06 AC lot

Turnkey bar opportunity in downtown Genoa with positive cash flow.

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NNN Popeyes Investment Property

2180 Randall Rd, Carpentersville, IL 60110

$2,030,000

Freestanding drive-thru Popeyes in Carpentersville, IL, Chicago MSA.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Corner Lot in Huntley

Il Rt 47 Highway lot: 1, Huntley, IL 60142

$812,000

1.31 AC lot

High-visibility commercial land available at Route 47 and Joan.

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Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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Elgin Land on Route 25

1409 DUNDEE Avenue, Elgin, IL 60120

$295,000

0.50 AC lot

Approximately 0.5 acre corner lot with access to I-90.

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Prime Commercial Land on Route 14

130 South Virginia Street, Crystal Lake, IL 60014

$299,500

0.52 AC lot

0.52 acre commercial land with high traffic count.

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Off-Market Properties in Hampshire, IL

Consider similar Off-Market properties in Hampshire, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Restaurants

3211 Us-20, Hampshire, IL 60124

Value Estimation by Request

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Hampshire, IL Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Hampshire, IL on our real estate platform. These investment opportunities span a total of 2,689 square feet of properties for sale, with an estimated market value of $645,000.

Sale prices for restaurant properties in Hampshire, IL start at $320,000, averaging $322,500, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60140	$322.5K

Neighborhood

Average Price

60140

$322.5K

Hampshire, IL Restaurants for Sale

124 E Oak Knoll Drive, Hampshire, IL 60140

124 East Oak Knoll Drive, Hampshire, IL 60140