Real Estate Agent Elmo Dowd

Elmo Dowd REALTOR®

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2306 Hassell Road, Hoffman Estates, IL 60169

$3,749,000
SAVE TOUR PROPERTY
  • 2306 Hassell Road, Hoffman Estates, IL 60169 Main Photo

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Active
SQUARE FEET20,400 MLS#12399258
STATUSActive PROPERTY TYPECommercial - Retail
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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.

2306 Hassell Road | MLS# 12399258

This commercial property located at 2306 Hassell Road, Hoffman Estates, IL 60169 is currently listed for sale with an asking price of $3,749,000. Search Hoffman Estates real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Individual
Lot Size: 2.72 Acres
Stories: 1.0
Year Built: 1978

Feature Descriptions

Electric: Separate Meters
Fire Protection: Sprinklers-Wet
HVAC: Gas
Lot Dimensions: 501X442X330X183
Number of Tenant(s): 10
Parcel#: 07062000150000
Parking: Over 100 Spaces, Common Parking, Lighted
Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer, Varies by Tenant
Units: 11

Listed By / Shown By

Listed By

Agency Name: Strauss Realty Ltd
Agency Phone: 773-736-3600

Shown By

Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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