IL > Hoffman Estates
Hoffman Estates, IL 60169,2306 Hassell RD
Hoffman Estates, IL 60169,2306 Hassell RD
Hoffman Estates, IL 60169,2306 Hassell RD
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$3,799,000
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20,400 SqFt
Active

2306 Hassell RD Hoffman Estates, IL 60169

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 20,400 sqft

Price per Sqft $186

MLS Listing ID 12399258

Year Built 1978

Annual Tax Amount $139,390

Tax Year 2023

Lot Dimensions 501X442X330X183

Property Sub-Type Retail/Stores

Property 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. Currently there are two vacancies totaling 3,090 SF (one under LOI). Offered at a 7.86% Cap Rate with stable in-place income and lease-up potential. Proforma 2026 Cap Rate 8.50%. 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.

Location

State IL

County Cook

Area Hoffman Estates

Zoning RTAIL

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Retail/Stores

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Craig Wolf of  Strauss Realty Ltd 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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2306 Hassell RD

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