Prime mixed-use opportunity in the north end of the Hampshire Business District, positioned directly on State Street along the village's main downtown corridor. This location delivers excellent visibility and access while benefiting from Hampshire's steady growth and strong connection to the broader Northern Illinois market. The main level features two office units accessed through a shared entry vestibule with a common restroom. Upstairs, a spacious three-bedroom apartment is accessed via a private exterior staircase and offers true hardwood flooring, in-unit laundry, and a large deck overlooking the surrounding area. Additional highlights include a security system, parking for nine vehicles total, a rear garage, and dedicated storage space. Located within highly regarded Community School District 300, this versatile property presents a strong opportunity for owner-occupants or investors seeking income potential in a well-positioned downtown setting.
11,400 SQ/FT. COMMERCIAL BUIDLING WITH B-1 ZONING IN A HIGH VISIBILITY LOCATION WITH LOTS OF RESIDENTIAL DEVELOPMENT IN THE AREA. IDEAL FOR AN HVAC, PLUMBING OR ELECTRICAL CONTRACTOR OR OTHER SERVICE BUSINESS THAT WANTS FREE ADVERTISING AND CLOSE PROXIMITY TO NEW, HIGH INCOME FAMILIES AND BUSINESSES. HEAVY POWER, 2 DRIVE-IN DOORS AND 1 DOCK LEVEL DOOR.
Prime Route 72 Commercial Building - Modern, Flexible, and Positioned for Growth. This turnkey remodeled commercial building is perfectly positioned on a spacious 0.48-acre lot with prime Illinois Route 72 frontage and an established curb cut. This rare small-footprint property combines modern design, high visibility, and zoning versatility, offering endless potential for business owners, investors, and developers alike. Featuring approximately 12,000 vehicles per day of traffic exposure, this property commands attention along one of Hampshire's most active commercial corridors. The site's B-2 General Business District zoning allows a wide range of permitted uses including retail, professional office, medical or dental practice, salon or spa, boutique fitness, financial services, or quick-service restaurant (QSR) concepts such as coffee, smoothie, or sandwich shops. Recently renovated with modern finishes, updated flooring, stylish lighting, and abundant natural light, the interior delivers an open and flexible layout that can easily be configured to meet a variety of commercial needs. Whether you envision a boutique office, customer-facing retail storefront, or turnkey wellness space, the building's clean, contemporary aesthetic supports a professional and inviting atmosphere. Outside, the nearly half-acre site offers ample parking, convenient ingress and egress, and the flexibility to expand or redevelop-ideal for investors seeking to add a drive-thru pad or small multi-tenant strip. Located within the rapidly expanding Hampshire-Pingree Grove growth corridor, this property is surrounded by new residential subdivisions, expanding retail, and strong local demographics. Within a 5-mile radius, consumers spend more than $270 million annually across retail and service categories, supported by a median household income exceeding $90,000. As the region continues to attract families and professionals seeking affordable housing near the I-90 tollway, businesses along Route 72 benefit from steady traffic growth and population inflow. The area's combination of small-town charm and proximity to major employment centers positions Hampshire as one of Kane County's most promising commercial markets. Flexible B-2 zoning supports office, medical, retail, or QSR uses. The modern, renovated interior is move-in ready and well-suited for immediate occupancy. The property provides ample on-site parking with room for future expansion or outdoor use and offers excellent access to I-90 and the growing regional trade base. Redevelopment potential includes a drive-thru pad, multi-tenant strip, or owner-user headquarters. The building features 1,289 square feet on the main level, plus a full 1,289-square-foot unfinished basement and an attached two-car garage, offering nearly 3,000 square feet of total functional area-ideal for storage, service, or future expansion. Offered at $325,000 ($252/SF above grade, roughly $108/SF of total usable space), 124 E Oak Knoll Drive is not just a building-it's a high-visibility commercial opportunity in one of Kane County's fastest-growing communities. With its remodeled condition, strong demographics, and redevelopment potential, this property checks every box for visibility, flexibility, and long-term value. Position your business or investment here and take advantage of Hampshire's growth-where small-town character meets major-market opportunity.
An opportunity to own a piece of history in beautiful downtown Hampshire, which has just received an amazing facelift, and streetscape. This town has been growing leaps and bounds, and is ready for you! A true must see, and Great opportunity! Parcel 01-22-352-002 built in the 1890's, approximately 3078 ft.2 with a full basement two bathrooms, and historic charm.
Beautiful Professional Building, well kept. Many Businessess and lots of opportunities.

Hampshire is located in Illinois. Hampshire, Illinois has a population of 8,019. Hampshire is more family-centric than the surrounding county with 44.46% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Hampshire, Illinois is $97,927. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Hampshire is 38.6 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 12.8 degrees. The average rainfall is approximately 37.8 inches per year, with 31.9 inches of snow per year.