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    Hoffman Estates, IL Apartment Buildings for Sale

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    Wauconda, IL Algonquin, IL Bartlett, IL Streamwood, IL South Elgin, IL Carpentersville, IL Barrington Hills, IL St Charles, IL
    Six-Unit All-Electric Multifamily Building
    Updated: Jun 20
    Six-Unit All-Electric Multifamily Building

    75 N Lyle Avenue, Elgin, IL 60123

    $930,000
    0.27 AC lot
    Brick construction building built in 1972
    6‑unit building
    Composition roof
    All‑electric building
    Low vacancy reported in Elgin Historical
    View details
    Mixed-Use Building with Office Units
    Updated: Jul 15, 2025
    Mixed-Use Building with Office Units

    215 S Northwest Highway, Barrington, IL 60010

    $999,000
    0.73 AC lot
    Approved conversion to 7 apartments (2 x 2‑bedroom, 5 x 1‑bedroom) on the second floor, offering significant rental income potential.
    Prime location on Route 14, near Downtown Barrington and the Metra Train Station.
    Zoned for diverse commercial use (retail, office, mixed‑use), providing flexibility for various business ventures.
    Ample parking and high visibility, attracting customers and tenants.
    Currently configured with 9 office units, providing immediate income while planning conversions.
    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    316 Lawrence Avenue, Elgin, IL 60123

    $500,000

    Five-unit residential income building with a basement and attached 5-car garage, including recent roof and unit updates.

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    Lake Zurich Mixed-Use Redevelopment
    Lake Zurich Mixed-Use Redevelopment

    Hoffman Estates, IL 60047

    $1,400,000
    1.45 AC lot

    Mixed-use property in high-traffic area with redevelopment potential.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Hoffman Estates, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Apartment Building with Balconies
    Multifamily Apartment Building with Balconies

    1875 N Green Lane N, Palatine, IL 60074

    $999,000
    0.06 AC lot

    Spacious 2- and 1-bath units with balconies, with association-managed site services and plenty of parking.

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    Cottages with Fox River Views
    Cottages with Fox River Views

    320-380 Highland Avenue, Algonquin, IL 60102

    $900,000
    1.40 AC lot

    Seven unique cottages on a wooded parcel offer Fox River views for residential income in a MULTI-zoned setting.

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    Palatine Condo Deconversion Opportunity
    Palatine Condo Deconversion Opportunity

    140 W Wood St, Palatine, IL 60067

    $20,000,000
    112,000 sqft

    132-unit condo deconversion opportunity in downtown Palatine, Illinois.

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    Seven-Cottage Residential Income Property
    Seven-Cottage Residential Income Property

    320-380 Highland Avenue, Algonquin, IL 60102

    Contact for pricing
    1.45 AC lot

    Seven distinct cottages on a wooded parcel with Fox River views, offering an investor-oriented multifamily configuration.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Off-Market Properties in Hoffman Estates, IL

    Consider similar Off-Market properties in Hoffman Estates, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    286 Silver Ct
    APARTMENT HOUSE (5+ UNITS)

    286 Silver Ct, Elgin, IL 60123-3563

    Value Estimation by Request
    9,330 sqft 0.27 AC lot
    View details
    212 Dundee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    212 Dundee Ave, Barrington, IL 60010-4204

    Value Estimation by Request
    2,336 sqft 0.20 AC lot
    View details
    401 Chicago St
    APARTMENT HOUSE (5+ UNITS)

    401 Chicago St, Elgin, IL 60120-5772

    $5,010,000
    Estimated value
    47,760 sqft 0.01 AC lot
    View details
    1274 Getzelman Dr
    APARTMENT HOUSE (5+ UNITS)

    1274 Getzelman Dr, Elgin, IL 60123-2002

    $835,000
    Estimated value
    6,396 sqft
    View details
    756 Bode Cir
    GARDEN APT, COURT APT (5+ UNITS)

    756 Bode Cir, Hoffman Estates, IL 60169-2972

    Value Estimation by Request
    19.28 AC lot
    View details
    865 Vlg Quarter Rd
    APARTMENT HOUSE (5+ UNITS)

    865 Vlg Quarter Rd, West Dundee, IL 60118-2165

    $1,650,000
    Estimated value
    10,878 sqft
    View details
    1596 Mark Ave
    APARTMENT HOUSE (5+ UNITS)

    1596 Mark Ave, Elgin, IL 60123-2902

    Value Estimation by Request
    4,992 sqft
    View details
    Mclean Blvd
    APARTMENT HOUSE (5+ UNITS)

    Mclean Blvd, Elgin, IL 60123

    Value Estimation by Request
    5.88 AC lot
    View details
    1236 Robinwood Dr, Unit 40
    APARTMENT HOUSE (5+ UNITS)

    1236 Robinwood Dr, Elgin, IL 60123-1301

    Unit 40
    $735,000
    Estimated value
    16,785 sqft 0.58 AC lot
    View details
    510 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)

    510 Autumn Ct, Elgin, IL 60123-2574

    $2,800,000
    Estimated value
    16,378 sqft 1.12 AC lot
    View details
    505 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)

    505 Autumn Ct, Elgin, IL 60123-2544

    $2,800,000
    Estimated value
    16,378 sqft 1.38 AC lot
    View details
    515 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)

    515 Autumn Ct, Elgin, IL 60123-2577

    $2,800,000
    Estimated value
    16,330 sqft 1.36 AC lot
    View details
    729 Strom Dr, Unit 8
    APARTMENT HOUSE (5+ UNITS)

    729 Strom Dr, West Dundee, IL 60118-2748

    Unit 8
    Value Estimation by Request
    0.22 AC lot
    View details
    729 Strom Dr, Unit 8
    APARTMENT HOUSE (5+ UNITS)

    729 Strom Dr, West Dundee, IL 60118-2748

    Unit 8
    $1,545,000
    Estimated value
    11,520 sqft
    View details
    8 Strom Dr
    APARTMENT HOUSE (5+ UNITS)

    8 Strom Dr, West Dundee, IL 60118

    Value Estimation by Request
    0.22 AC lot
    View details
    741 Strom Dr
    APARTMENT HOUSE (5+ UNITS)

    741 Strom Dr, West Dundee, IL 60118-2749

    Value Estimation by Request
    0.22 AC lot
    View details
    8 Strom Dr
    APARTMENT HOUSE (5+ UNITS)

    8 Strom Dr, West Dundee, IL 60118

    Value Estimation by Request
    0.22 AC lot
    View details
    8 Strom Dr
    APARTMENT HOUSE (5+ UNITS)

    8 Strom Dr, West Dundee, IL 60118

    Value Estimation by Request
    0.22 AC lot
    View details
    753 Strom Dr
    APARTMENT HOUSE (5+ UNITS)

    753 Strom Dr, West Dundee, IL 60118-2750

    $845,000
    Estimated value
    11,520 sqft
    View details
    1856 Mark Ave
    APARTMENT HOUSE (5+ UNITS)

    1856 Mark Ave, Elgin, IL 60123-1979

    $775,000
    Estimated value
    7,504 sqft 0.34 AC lot
    View details

    Hoffman Estates, IL Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Hoffman Estates, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,259 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for two-family homes in Hoffman Estates, IL start at $1,400,000, averaging $1,400,000, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 139K
    Population Growth (5Y) -2.0%
    Median Household Income $134,533
    College Educated 57.2%

    High-Yield Neighborhoods for Investment

    Identify Hoffman Estates submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Lake Zurich - 60047 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Hoffman Estates fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Hoffman Estates, IL

    • 60123
    • 60010
    • 60047

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