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    Hoffman Estates, IL Multifamily Properties 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
    8 properties
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    Duplex Residence with Finished Basement
    Updated: Jul 9
    Duplex Residence with Finished Basement

    386 E Chicago Street, Elgin, IL 60120

    $499,900
    0.33 AC lot
    Upper‑level unit currently rented for $925/month with in‑unit laundry, gas log fireplace, and a private balcony via French door.
    Year built 1900 with cedar construction materials and forced‑air natural gas heating.
    4 bathrooms total, including back‑to‑back full baths: one with whirlpool tub and one with walk‑in shower.
    Full finished basement with rec room, den, workshop area, and added laundry.
    Detached 2.5‑car garage with attached heated office for an in‑home business or work area.
    View details
    Two-Flat Duplex with Finished Basement
    Updated: Jul 1
    Two-Flat Duplex with Finished Basement

    1000 Dundee Avenue, East Dundee, IL 60118

    $390,000
    Well‑maintained 2‑flat built in 1946 with a finished basement and a 2‑car garage
    Each unit includes flexible living space with multiple bedrooms plus a total of 3 full bathrooms noted
    Parking available via attached/contained garage with off‑street parking for up to 2 cars
    Utilities: heated with natural gas; sewer is public sewer
    Water service includes a private well; city water hookup is available at the street if desired
    View details
    Duplex-Style Multi-Unit Residence
    Duplex-Style Multi-Unit Residence

    217 W Main Street, Lake Zurich, IL 60047

    $1,499,999

    Permit-approved 2026 build offers two independent units with dual kitchens and laundry, plus flexible single-family conversion.

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    Six-Unit All-Electric Multifamily Building
    Six-Unit All-Electric Multifamily Building

    75 N Lyle Avenue, Elgin, IL 60123

    $930,000
    0.27 AC lot

    For sale six-unit multifamily building with all-electric setup, located on a small lot under MULTI zoning.

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    Mixed-Use Building with Office Units
    Mixed-Use Building with Office Units

    215 S Northwest Highway, Barrington, IL 60010

    $999,000
    0.73 AC lot

    Mixed-use building with nine office units and an approved second-floor residential conversion plan.

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    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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    Elgin Development Opportunity
    Elgin Development Opportunity

    880 Summit St, Elgin, IL 60120

    $1,900,000
    17,000 sqft

    Approved for residential and retail development in Elgin, Illinois.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Hoffman Estates, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    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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    Spacious Duplex in Desirable Community
    Spacious Duplex in Desirable Community

    627 Chardonnay Lane, Crystal Lake, IL 60014

    $585,000
    3,000 sqft

    Well-maintained duplex with investment potential in Crystal Lake, Illinois.

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    Crystal Lake Two-Unit Investment Property
    Crystal Lake Two-Unit Investment Property

    40 S WALKUP Avenue, Crystal Lake, IL 60014

    $321,815
    0.27 AC lot

    Two-unit property near downtown Crystal Lake amenities and transportation.

    View details
    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.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details
    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

    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

    Hoffman Estates, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Hoffman Estates, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 23,259 square feet of properties for sale, with an estimated market value of $3,899,000.

    Sale prices for multifamily properties in Hoffman Estates, IL start at $1,400,000, averaging $1,949,500, and reaching up to $2,499,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 6
    Duplexes 3

    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

    • 60047
    • 60123
    • 60010
    • 60118
    • 60120

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