895 State StHampshire, IL 60140

  • Commercial land
  • 0.67 AC
For Sale
$1,700,000 View listing

Property Details for 895 State St

Lot size
0.67 AC
Property type
Commercial land
APN
01-27-155-001
APU
127155001

Description

This exceptional 10,387 square foot professional building is situated at 895 S State Street S in Hampshire, Illinois. Offered at $1,700,000, this property presents a significant opportunity for investors and business owners alike. The building is exceptionally well-maintained and boasts a desirable location within a thriving business community, offering numerous possibilities for diverse commercial ventures. The substantial square footage allows for ample space to accommodate a variety of business needs, from offices and retail spaces to specialized professional services. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Hampshire market. The building's excellent condition minimizes immediate capital expenditure requirements, allowing for a swift and efficient transition for new owners. This is a rare opportunity to acquire a well-established and versatile commercial property in a highly sought-after location. Serious inquiries are encouraged to explore the full potential of this exceptional investment. The property sits on a lot with zero acres. The property type is classified as "Other".

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,065,466
    Hospitality
    $5,555,934
    Educational
    $4,622,472
    Medical
    $4,781,446
    Retail
    $7,190,512

Location Insight

City
Hampshire
County
Kane
State
Illinois
Latitude
42.0897
Longitude
-88.5293
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$348
$4,281
-
$4,281
-
$12,843
-
$12,843

FAQs

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