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