2306 Hassell Road, Hoffman Estates, IL
  • $3,749,000
  • $3,799,000

Description

POPLAR COMMONS SHOPPING CENTER: 20,438 SF multi-tenant retail center on 2.7 acres with 11 units and 111 parking spaces. Anchored by 7-Eleven and State Farm, with a strong mix of daily-needs tenants including a laundromat.93.8% leased. One unit under LOI. Offered at a 7.97% Cap Rate with stable in-place income and lease-up potential. Proforma 2026 NOI $303,988 and Cap Rate 8.11%. Recent capital improvements include full parking lot restoration, new rooftop HVAC (2023, 5-year warranty), and upgraded property-wide lighting. The property benefits from it’s proximity to I-90 Barrington Rd interchange in the high-demand Golden Corridor. Located across the street from a large townhome subdivision and surrounded by multiple hotels, residential complexes, national retailers, and major employers. The zoning is B-2. Hoffman Estates features strong demographics with 50,000+ residents and avg. household income near $95K.

  • Listing Courtesy of: Strauss Realty Ltd

Details

Updated on July 23, 2026 at 3:46 am
  • Property ID MRD12399258
  • Price $3,749,000
  • Year Built 1978
  • Property Type Bad
  • Property Status Pending
  • Parcel Number 07062000150000
  • MLS Status Pending
  • Co List Agent MLS ID MRD110987
  • Days On Market 395
  • Cumulative Days On Market 365
  • Tax Annual Amount 139390
  • Cooling Central Individual
  • Directions Barrington Road south of I-90 Interchange to Hassell Road, east to Property.
  • Association Fee Frequency Annually
  • BuildingAreaTotal 20400
  • LotSizeSquareFeet 118697
  • StoriesTotal 1
  • Zoning RTAIL
  • Address 2306 Hassell Road
  • City Hoffman Estates
  • State/county IL
  • Zip/Postal Code 60169
  • Country United States

Overview

Property ID: MRD12399258
  • Bad
  • Property Type
  • 1978
  • Year Built

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