Listing provided courtesy of Keller Williams Inspire - GenevaMREDas Distributed by MLSGrid- MLS# 12606670MLS Provider

124 E Oak Knoll DriveHampshire, IL 60140

Commercial · 1,184 Sq. ft. | 0.48 Acres
$320,000 Active

124 E Oak Knoll Drive Overview

Time on Site:
90 days
Visits:
2

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 (1420/SF above grade, roughly 2644/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.

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124 E Oak Knoll Drive Facts & Features

  • Type Commercial
  • Sq. ft. 1,184
  • Price/Sq.ft. $270
  • Lot 0.48 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 8500

Building Information

  • Year Built: 1960

Business Information

  • Current Use: Commercial,Medical/Dental

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Hampshire / Pingree Grove
  • Township: Hampshire

Tax Information

  • Tax Annual Amount: $6,719.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0127151031
  • Possible Use: Commercial,Office,Retail,Special Use,Other
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1184

General Information

  • Cooling: Window Unit(s)
  • Electric: Fuses
  • Flooring: Vinyl, Wood
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 1289
  • Stories: 1

Unit Information

  • Unit SqFt.: 1289

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.48
  • Lot Size Dimensions: 133x161
  • Lot Size Square Feet: 21351
  • Water Source: Community Water

Building Exterior/Construction

  • Construction Materials: Aluminum Siding

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Water Available

124 E Oak Knoll Drive Neighborhood

Community

60140 (Pingree Grove) Demographics

40
Median Age
221
Population Density (per sq. mile)
50%
College Educated
$97,737
Estimated Median Income
5,006
Estimated Total Home Owners
1,240
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

124 E Oak Knoll Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

124 E Oak Knoll Drive Market Data

Based on the last 30 days in this zip code

$431,339
Average List Price
$221
Average Price per Square Foot
58
Properties Sold
63
Average Days on Market
206
Properties for Sale
Calculations provided by Reliance Network

124 E Oak Knoll Drive History

Date Event Value Agent
4/5/2026Source: MRED Status Change
Active
3/31/2026Source: MRED Added to Database
March 31, 2026
9/18/2024Source: MRED Status Change
Closed
6/17/2024Source: MRED Status Change
Pending
1/7/2023Source: MRED Status Change
Active
1/2/2023Source: MRED Status Change
Re-activated
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
April 05, 2022
4/10/2022Source: MRED Status Change
Active