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

Hoffman Estates, IL, 60169
$ 3,749,000
Bedrooms-- Baths-- Sq 20,400

Monthly Estimate*

$ 23,389

2306 Hassell Road, Hoffman Estates, IL 60169 - Image 1
2306 Hassell Road, Hoffman Estates, IL 60169 - Image 2
2306 Hassell Road, Hoffman Estates, IL 60169 - Image 3
2306 Hassell Road, Hoffman Estates, IL 60169 - Image 4
2306 Hassell Road, Hoffman Estates, IL 60169 - Image 5
2306 Hassell Road, Hoffman Estates, IL 60169 - Image 6

Commercial Property for sale in Hoffman Estates, IL

for $3,749,000. This 20,400 square foot building was built in 1978 on a lot size of 2.72491.

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.

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Commercial Active

Price

$ 3,749,000

Property Type

Commercial

Taxes

$ 139,390

Style

Retail

Lot Size

2.72491

Year Built

1978

Town/City

Hoffman Estates

County/Region

Cook

MLS | Web ID

12399258

Features
General
Cooling Central Individual
Zoning RTAIL
Year Built 1978
Electric Separate Meters
Tenant Pays Common Area Maintenance Electricity Heat Taxes Insurance Scavenger Sewer Varies by Tenant
Stories Count 1
Township Schaumburg
Tax Year 2023
Business Type Retail
Assoc Fee Paid Per Annually
County Cook
Net Operating Income 298720
Property Type Commercial Sale Retail/Stores
Status Active
Directions Barrington Road south of I-90 Interchange to Hassell Road east to Property.
City Hoffman Estates
Number Of Units Total 11
MLS Area Hoffman Estates
Lot Size Square Feet 118697
Tax Annual Amount 139390
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
Cap Rate 7.97
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Exterior
Building Area Total 20400
Lot Dimensions 501X442X330X183
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* Excluded Features
List By
Strauss Realty Ltd

Broker

craig@straussrealty.com

Email

Affordability Calculator

$35,005
Per Month
67%
33%
0%
Monthly Principal & Interest
$23,389
Monthly Property Taxes
$11,616
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$3,749,000 -1.32% Price Down
6/23/2025$3,799,000 Listed Price

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2306 Hassell Road, Hoffman Estates, IL, 60169 is a Commercial Property for sale at $3,749,000 with 20,400 sqft and a lot size of 2.72491. 2306 Hassell Road was built in 1978. The property's zip code is 60169 which is in Hoffman Estates, IL