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$3,749,000
20,400
square ft

2306 Hassell Road
Hoffman Estates, Illinois 60169

Active / MLS #12399258 / Retail Store / Hoffman Estates
Listing information updated 12/18/2025 at 6:04am
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.
Built:
1978
Cooling System:
Central Individual
Stories:
1
Business Use:
Retail
Zoning:
RTAIL
Building Square Feet:
20,400
Current Net Income:
$298,720
Tax Amount:
$139,390
Tax Year:
2023
Zip Code:
60169
City:
Hoffman Estates
County:
Cook

Listing Office: Strauss Realty Ltd

Listing Office Phone: 773.736.3600

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/18/2025 at 6:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Hoffman Estates

Hoffman Estates, IL

Tree-lined streets, abundant green space, and ample recreational activities characterize the Village of Hoffman Estates. The community offers easy access to nearby nature attractions such as the Spring Valley Nature Center & Heritage Farm in Schaumburg and the Deer Grove Forest Preserve in Palatine....
$395,842
Average Sale Price
29
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2306 Hassell Road, Hoffman Estates, IL 60169
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2306 Hassell Road, Hoffman Estates, IL 60169 is a retail store currently listed at $3,749,000. This retail store has been listed on @properties Christie's International Real Estate since June 23rd, 2025 and was built in 1978.

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