2306 Hassell Rd

Hoffman Estates, IL 60169
  • $3,799,000

    Price
  • 0

    Bed
  • Bath
  • 20,400

    SqFt

About the Listing 15401 - 878361,110987

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 7.50% cap rate with stable in-place income and lease-up potential. 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.

Listing Highlights for 2306 Hassell Rd

Status Active
Days on Site 85
Property Type Commercial Sale
MLS ® 12399258
Year Built 1978
Total Square Footage 20,400
Lot/Acreage 2.72

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Individual
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 501X442X330X183
  • Zoning: RTAIL
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Over 100 Spaces,Common Parking,Lighted

Financial Details

  • Tax Amount: $139,390
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 07062000150000
  • Tax Year: 2023

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Questions About..

2306 Hassell Rd Hoffman Estates, IL 60169

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Originating MLS: mred

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