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2306 Hassell Road

Hoffman Estates, IL 60169
$3,749,000 ▼ $50,000 from $3,799,000
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1978
Lot size
Annual tax$139,390
CountyCook
MLS #MRD12399258
Days on market307

Features

Cooling
Central Individual
Listed by
Strauss Realty Ltd
Craig Wolf · 773-736-3600

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/25/2026, 8:39:34 AM. All data should be independently verified.

$3,749,000
0 bd · 0 ba
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