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201-255 Keyes Ave 69,300 SF 72% Leased Industrial Building Hampshire, IL 60140 For Sale

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Investment Highlights

  • Two-building industrial portfolio totaling ±69,300 SF on ±2.47 acres
  • Flexible unit sizes with clear heights from 14 to 20 feet
  • Zoned B1 and M1, accommodating a wide range of industrial and business uses
  • 69% leased, providing immediate income with value-add potential
  • Multiple loading options including drive-in doors and dock positions
  • Convenient access to major transportation routes for regional connectivity

Executive Summary

This two-building industrial portfolio at 201-255 Keyes Avenue in Hampshire, Illinois, offers a compelling investment opportunity with a strong occupancy base and immediate upside potential. The combined ±69,300 SF across ±2.47 acres is currently 69% leased, providing stable income while leaving room for value-add through lease-up of available units. The properties feature flexible configurations, clear heights ranging from 14 to 20 feet, and multiple loading options including drive-in doors and dock positions, making them suitable for a variety of industrial and light manufacturing users.
Strategically located in a business-friendly environment, the site benefits from proximity to major transportation routes, ensuring efficient regional connectivity. Zoned B1 and M1, the buildings accommodate diverse uses, enhancing long-term tenant demand. With competitive property taxes and functional layouts, this asset is well-positioned for investors seeking a stabilized property with growth potential in a strong suburban industrial market.

Property Facts

Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 2.46 AC
Rentable Building Area 69,300 SF
No. Stories 1
Year Built 1980
Parking Ratio 0.2/1,000 SF
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 3
Zoning M-1 - Restricted Manufacturing

Utilities

  • Lighting
  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 8,700 SF
  • Industrial
  • Full Build-Out
  • Now

201-255 Keyes Avenue presents a versatile leasing opportunity within a well-maintained industrial complex in Hampshire, Illinois. Available units range from ±1,600 SF to ±24,000 SF, offering flexibility for businesses of varying sizes. Each space is designed for operational efficiency, featuring clear heights up to 20 feet, drive-in doors, and access to common dock facilities. Select units include radiant or gas-forced air heating, supporting a range of industrial and storage needs. The property’s location provides excellent access to regional transportation corridors, ensuring convenient distribution and service capabilities. With zoning that supports both business and light manufacturing uses, tenants benefit from adaptability and long-term operational stability. Whether for warehousing, light assembly, or specialized industrial applications, these spaces deliver functionality and convenience in a growing commercial corridor.

  • 1st Floor
  • 11,000 SF
  • Industrial
  • Full Build-Out
  • Now

201-255 Keyes Avenue presents a versatile leasing opportunity within a well-maintained industrial complex in Hampshire, Illinois. Available units range from ±1,600 SF to ±24,000 SF, offering flexibility for businesses of varying sizes. Each space is designed for operational efficiency, featuring clear heights up to 20 feet, drive-in doors, and access to common dock facilities. Select units include radiant or gas-forced air heating, supporting a range of industrial and storage needs. The property’s location provides excellent access to regional transportation corridors, ensuring convenient distribution and service capabilities. With zoning that supports both business and light manufacturing uses, tenants benefit from adaptability and long-term operational stability. Whether for warehousing, light assembly, or specialized industrial applications, these spaces deliver functionality and convenience in a growing commercial corridor.

  • 1st Fl - 255
  • 24,000 SF
  • Industrial
  • Full Build-Out
  • Mar 2026

201-255 Keyes Avenue presents a versatile leasing opportunity within a well-maintained industrial complex in Hampshire, Illinois. Available units range from ±1,600 SF to ±24,000 SF, offering flexibility for businesses of varying sizes. Each space is designed for operational efficiency, featuring clear heights up to 20 feet, drive-in doors, and access to common dock facilities. Select units include radiant or gas-forced air heating, supporting a range of industrial and storage needs. The property’s location provides excellent access to regional transportation corridors, ensuring convenient distribution and service capabilities. With zoning that supports both business and light manufacturing uses, tenants benefit from adaptability and long-term operational stability. Whether for warehousing, light assembly, or specialized industrial applications, these spaces deliver functionality and convenience in a growing commercial corridor.

Space Size Space Use Condition Available
1st Floor 8,700 SF Industrial Full Build-Out Now
1st Floor 11,000 SF Industrial Full Build-Out Now
1st Fl - 255 24,000 SF Industrial Full Build-Out Mar 2026

1st Floor

Size
8,700 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size
11,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - 255

Size
24,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Mar 2026

1st Floor

Size 8,700 SF
Space Use Industrial
Condition Full Build-Out
Available Now

201-255 Keyes Avenue presents a versatile leasing opportunity within a well-maintained industrial complex in Hampshire, Illinois. Available units range from ±1,600 SF to ±24,000 SF, offering flexibility for businesses of varying sizes. Each space is designed for operational efficiency, featuring clear heights up to 20 feet, drive-in doors, and access to common dock facilities. Select units include radiant or gas-forced air heating, supporting a range of industrial and storage needs. The property’s location provides excellent access to regional transportation corridors, ensuring convenient distribution and service capabilities. With zoning that supports both business and light manufacturing uses, tenants benefit from adaptability and long-term operational stability. Whether for warehousing, light assembly, or specialized industrial applications, these spaces deliver functionality and convenience in a growing commercial corridor.

1st Floor

Size 11,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

201-255 Keyes Avenue presents a versatile leasing opportunity within a well-maintained industrial complex in Hampshire, Illinois. Available units range from ±1,600 SF to ±24,000 SF, offering flexibility for businesses of varying sizes. Each space is designed for operational efficiency, featuring clear heights up to 20 feet, drive-in doors, and access to common dock facilities. Select units include radiant or gas-forced air heating, supporting a range of industrial and storage needs. The property’s location provides excellent access to regional transportation corridors, ensuring convenient distribution and service capabilities. With zoning that supports both business and light manufacturing uses, tenants benefit from adaptability and long-term operational stability. Whether for warehousing, light assembly, or specialized industrial applications, these spaces deliver functionality and convenience in a growing commercial corridor.

1st Fl - 255

Size 24,000 SF
Space Use Industrial
Condition Full Build-Out
Available Mar 2026

201-255 Keyes Avenue presents a versatile leasing opportunity within a well-maintained industrial complex in Hampshire, Illinois. Available units range from ±1,600 SF to ±24,000 SF, offering flexibility for businesses of varying sizes. Each space is designed for operational efficiency, featuring clear heights up to 20 feet, drive-in doors, and access to common dock facilities. Select units include radiant or gas-forced air heating, supporting a range of industrial and storage needs. The property’s location provides excellent access to regional transportation corridors, ensuring convenient distribution and service capabilities. With zoning that supports both business and light manufacturing uses, tenants benefit from adaptability and long-term operational stability. Whether for warehousing, light assembly, or specialized industrial applications, these spaces deliver functionality and convenience in a growing commercial corridor.

Property Taxes

Property Taxes

Parcel Number
01-22-302-009
Land Assessment
$106,420 CAD
Improvements Assessment
$159,360 CAD
Total Assessment
$265,781 CAD
  • Listing ID: 29308489

  • Date on Market: 2023-08-18

  • Last Updated:

  • Address: 201-255 Keyes Ave, Hampshire, IL 60140

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