Hoffman Estates, IL 60169,2306 Hassell Road
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Hoffman Estates, IL 60169,2306 Hassell Road
Hoffman Estates, IL 60169,2306 Hassell Road
Hoffman Estates, IL 60169,2306 Hassell Road
Hoffman Estates, IL 60169,2306 Hassell Road
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Listed by Craig Wolfof Strauss Realty Ltd
$ 3,749,000
Est. payment /mo
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2306 Hassell Road Hoffman Estates, IL 60169

20,400 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 20,400 sqft

Price per Sqft $183

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.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.

Location

State IL

County Cook

Zoning RTAIL

Interior

Cooling Central Individual

Fireplace N

Exterior

View Y/N true


Midwest Real Estate Data (MRED) VOW
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Winston Churchill Elementary School

    Public | KG - 6

  • 10

    Everett Dirksen Elementary School

    Public | KG - 6

  • 9

    Campanelli Elementary School

    Public | KG - 6

  • 9

    Hoover Math and Science Academy

    Public | KG - 6

  • 9

    Macarthur International Spanish Academy

    Public | KG - 6

  • 9

    Enders-Salk Elementary School

    Public | KG - 6

  • 9

    Lincoln Prairie School

    Public | KG - 8

  • 8

    Elizabeth Blackwell Elementary School

    Public | PK - 6

  • 8

    John Muir Literacy Academy

    Public | PK - 6

  • 8

    Frank C Whiteley Elementary School

    Public | PK - 6

  • 7

    Ridge Circle Elementary School

    Public | KG - 6

  • 7

    Glenbrook Elementary School

    Public | KG - 6

  • 7

    Neil Armstrong Elementary School

    Public | PK - 6

  • 7

    Lakeview Elementary School

    Public | KG - 6

  • 5

    Thomas Jefferson Elementary School

    Public | PK - 6

  • 0

    The Bancroft School

    Private | KG - 9

  • 0

    Precious Angels

    Private | PK - TKG

  • 0

    Montessori Academy of North Hoffman

    Private | PK - KG

  • 0

    Christian Corner Children's Center

    Private | PK - TKG

  • 0

    Montessori Academy of North Hoffman

    Private | PK - 10

Middle Schools 3
  • 9

    Helen Keller Jr High School

    Public | 7 - 8

  • 8

    Dwight D Eisenhower Jr High School

    Public | 7 - 8

  • 5

    Canton Middle School

    Public | 7 - 8

High Schools 3
  • 8

    Hoffman Estates High School

    Public | 9 - 12

  • 8

    Schaumburg High School

    Public | 9 - 12

  • 0

    District 211 Academy - South

    Public | 9 - 12

School and business data provided by Attom Data.
John Broda

John Broda

Realtor/Real Estate Advisor | License ID: 475175662

+1(815) 847-0359

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2306 Hassell Road