For more information contact: Aaron Strauss
Office: 773-736-3600 Aaron@straussrealty.com

OR Craig Wolf Office: 773-736-3600 Craig@straussrealty.com

2306-2332 Hassel Rd.

Hoffman Estates, IL 60169

Status: For Sale

Strauss Realty, Ltd. presents 2306–2332 Hassell Road, a well-positioned 11-unit, 20,438 SF neighborhood shopping center for sale in Hoffman Estates, IL, just off the I-90 Barrington Rd interchange. The center is 84.9% leased with national/regional tenants including 7-Eleven and State Farm, offering daily-needs and service-based retail. Two small vacancies (one under LOI) present upside potential.

Offered at a 7.50% cap rate, the property features recent capital improvements: fully repaired and striped parking lot (111 spaces), new rooftop HVAC (2023), upgraded lighting, and refurbished roof/mansards. Most tenants operate under modified gross leases with expense recovery, supporting predictable income.

Located in the high-traffic Golden Corridor, the property is surrounded by dense residential and hospitality developments, sports centers, and business parks. With durable cash flow, minimal near-term rollover, and no major capex needed, this asset offers a strong suburban retail investment opportunity.

  • Sale Price: $3,799,000
  • Property Tax: $139,390
  • MLS: 12399258
  • P.I.N.: 07-06-200-015-0000
  • Building Type: Commercial, Investment, Retail, Other
  • Number of Stories: 1
  • Building Square Feet: 20,438

Property Details

Businesses and Attractions Nearby:

  • Hotels:  Hyatt Place, Hilton Garden Inn, Hampton Inn & Suites, Country Inn, Etc.
  • Hospitals: Ascension Alexius Medical Center (with 1,800 employees)
  • Restaurants: Moretti’s, Garibaldi’s, Chili’s, Assembly American Bar & Cafe, Lucky Monk, Daruma Restaurant
  • Fast Food: Steak ‘n Shake, IHOP, Popeyes, Starbucks, McDonald’s, Domino’s Pizza, Buona Beef, Subway, Jimmy John’s, Burger King
  • Entertainment: AMC, Grand Sports Arena and Poplar Creek Bowl, Game Night Out, NOW Arena
  • Attractions: Bridges of Poplar Creek Country Club, Hilldale Golf Club
  • Business Parks, Headquarters, Manufacturers: Claire’s Corporate Headquarters, South Barrington Executive Center, Siemens Health Care corporate office, Bystronic, Inc., DMG Mori, NSK America Corporation, Big Daishowa Inc.
  • Apartment Complexes and Senior Living: Barrington Lakes Apartments, The Glen Retirement Community, Poplar Creek Village Senior Apartments, Eden Vista Hoffman Estates, Huntington Grove Condominiums

For more information on Hoffman Estates, please contact listings office (773.736.3600) for Offering Memorandum.