41w597 Us Highway 20Hampshire, IL 60140

Property Details for 41w597 Us Highway 20

Year built

1879

Lot size

21.14 AC

Property size (Sq ft)

4,150 SF

Property type

Commercial real estate

Description

This exceptional commercial property in Hampshire, Illinois, presents a rare investment opportunity. Spanning over 21.14 acres with frontage on US-20 and Marshall Road, the property boasts a diverse range of structures and significant income potential. The centerpiece is a substantial 4,150 square foot pole building (115' x 44'), ideal for various uses, including mechanics, car enthusiasts, woodworking, or storage. Two single-family ranch homes offer immediate income streams or multi-generational living options. The primary residence is a beautifully updated 1,627 square foot ranch with three bedrooms, two bathrooms, and an attached two-car garage, showcasing a modern farmhouse style. The second ranch home comprises 1,515 square feet, featuring three bedrooms, one bathroom, and a two-car garage. A third, older 1.5-story farmhouse provides a potential renovation project. Adding to the property's versatility are two additional outbuildings/garages. Ten acres of the land are currently used as farmland, generating rental income from a local farmer. This unique property offers a multitude of possibilities, from running a home-based business to generating substantial rental income, making it an incredible investment opportunity. The strategic location and diverse structures make this a truly once-in-a-lifetime chance to acquire a substantial and income-generating property.

Location Insight

City

Hampshire

County

Kane

State

Illinois

Latitude

42.0557

Longitude

-88.4224

FAQs

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