Office Building and Development
1950 Hassell Rd Hoffman Estates, IL 60169
For Sale
Contact for pricing
Pending
Fee-simple sale includes a large office building set on a development-zoned site near I-90 access.
Lot Size13.40 Acres
Days on Market104
Property Features for 1950 Hassell Rd
General Information
- Standard status
- Pending
- Lot size
- 13.40 Acres
- Property subtype
- Land
Listing Agency:
Cushman & Wakefield - Nashville, Tennessee
Listed By:
Jerrod Wigal · License #IL 475.128826
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 1:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Nashville, Tennessee
Investment Insights
Based on property information with market context.
The offering is a 100% fee simple interest in 1950 Hassell Road, a 13.4-acre development site improved with a to-be-vacated 155,030 rentable square foot office building.
The property is zoned Residential Planned Development (RPD), a broad designation that supports a variety of permitted uses. Under existing density guidelines, the site could accommodate up to 233 multifamily units. The location is situated along Interstate 90, approximately 1 mile east of the Barrington Road interchange, providing access to O’Hare International Airport and downtown Chicago.
Set in Chicago’s northwest suburbs and surrounded primarily by residential uses, the property is positioned near multiple corporate headquarters and large office campuses, including Zurich Insurance, Wells Fargo, Sears Holdings, Paylocity, and Capital One.
The property is zoned Residential Planned Development (RPD), a broad designation that supports a variety of permitted uses. Under existing density guidelines, the site could accommodate up to 233 multifamily units. The location is situated along Interstate 90, approximately 1 mile east of the Barrington Road interchange, providing access to O’Hare International Airport and downtown Chicago.
Set in Chicago’s northwest suburbs and surrounded primarily by residential uses, the property is positioned near multiple corporate headquarters and large office campuses, including Zurich Insurance, Wells Fargo, Sears Holdings, Paylocity, and Capital One.
Key Highlights
- 13.4‑acre development site in Hoffman Estates with Residential Planned Development (RPD) zoning
- Under existing density guidelines, site could accommodate up to 233 multifamily units
- Property includes an existing 155,030 rentable SF office building (to be vacated)
Property Analytics
Location Intelligence
Current Use by Public Records
CDK Global
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office building - Fee-simple sale includes a large office building set on a development-zoned site near I-90 access.
Where is this office building located?
The property is located at 1950 Hassell Rd Hoffman Estates, IL.
What are key features of this property?
This property features: 13.4‑acre development site in Hoffman Estates with Residential Planned Development (RPD) zoning; Under existing density guidelines, site could accommodate up to 233 multifamily units; Property includes an existing 155,030 rentable SF office building (to be vacated)
