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$1,230,000 Just Listed
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Property Description
Excellent investment opportunity. 195 feet of Hampshire central business district frontage road. 5 units built in 2006 that are fully leased and an additional remodeled 4 units in original 1.5 story building built in 1955 that is fully leased as well. Currently being occupied by a pharmacy, eye doctor, restaurant, photographer, staffing agency and other offices. Onsite parking for 30+ vehicles. Professionally landscaped. Hampshire is growing quickly, this is an excellent income opportunity to take advantage of before this area skyrockets. Call Co-List Agent today for more information.
Full Property Details
Full Property Details for 260-270 N State St
General
- Price: $1,230,000
- Taxes: $24,698 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12732950
- Updated: 8/24/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Hydrants on Site
Location
- Area: Hampshire / Pingree Grove
- County: Kane
- Township: Hampshire
- Driving Directions: Rt. 20 (Lake St.) West Pass Rt. 47, Unto Rt. 72 to State St. North To 260-270.
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Trash: 2400
Structural Information
- Construction: Split-Face Block, Precast, Brick, Synthetic Stucco
- Exterior Const.: Split-face Block, Precast, Brick, Synthetic Stucco
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 10,500
- Current Bldg. Use: Commercial
- Year Built: 1955
Unit Information
- # Tenants: 6
Lot Features
- Lot Size (Sq. Ft.): 33,150
- Lot Dimensions: 195 x 170
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $7,000
- Operating Expenses: $40,000
- Other Fee: $4,800
- Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site
- Assessment Year: 1955
- Tax Amount: $24,698.64
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Repairs
- Pays Electric: 1100
- Pays Trash: 2400
Disclosures and Reports
- Property ID: 121427008
Listed by Keller Williams Success Realty
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Price & Sales History for 260-270 N State St
Date
Details
Price
Change
Source
8/24/2026
Listed
$1,230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 260-270 N State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,778
—
$227,864
8%
2025
$15,778
7%
$210,090
11%
2023
$14,778
6%
$188,981
9%
2022
$13,926
5%
$173,680
6%
2021
$13,273
—
$163,833
3%
2021
$13,273
3%
$159,355
3%
2019
$12,925
2%
$154,145
6%
2018
$12,681
1%
$145,640
3%
2017
$12,502
-6%
$141,653
-1%
2016
$13,262
—
$143,135
8%
2015
$13,265
—
$133,037
3%
2014
$13,237
7%
$128,650
—
2013
$12,428
—
$128,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 260-270 N State St
260-270 N State Street, Hampshire, IL 60140 (MLS# 12732950) is a Commercial property. 260-270 N State Street is currently listed for $1,230,000 and was received on August 24, 2026. Want to learn more about 260-270 N State Street? Do you have questions about finding other Commercial real estate for sale in Hampshire? You can browse all Hampshire real estate or contact a Coldwell Banker agent to request more information.

