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    Hoffman Estates, IL
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    Hoffman Estates, IL Multifamily Properties for Sale

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    Wauconda, IL Bartlett, IL Streamwood, IL
    Mixed-Use Investment Opportunity, Barrington, IL
    $999,000
    0.73 Acres

    Mixed-Use Investment Opportunity, Barrington, IL

    215 S Northwest Highway, Barrington, IL 60010

    Mixed-use property near downtown Barrington with potential for residential conversion.

    • 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.
    Updated: Jul 15, 2025
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    Spacious Duplex with Updated Unit
    $489,900

    Spacious Duplex with Updated Unit

    1583-1585 Sheffield Drive, Elgin, IL 60123

    Large side-by-side duplex with updated unit, near park.

    • Live in one updated unit (1585) and rent out the other (1583) for income.
    • Unit 1585 is completely updated with stainless appliances, custom light fixtures, and a deck.
    • All mechanical systems have been replaced in the last 4 years.
    • Located next to a park with a spacious backyard.
    • Close proximity to shopping, the Metra, and the highway for easy commuting.
    Updated: Mar 18
    View details
    Lake Zurich Mixed-Use Redevelopment
    $1,400,000
    1.45 Acres

    Lake Zurich Mixed-Use Redevelopment

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

    Hoffman Estates, IL 60047
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    Elgin Development Opportunity
    $2,499,000
    17,000 SF

    Elgin Development Opportunity

    Approved for residential and retail development in Elgin, Illinois.

    880 Summit St, Elgin, IL 60120
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    Lake Zurich Redevelopment Opportunity
    $1,400,000
    6,259 SF

    Lake Zurich Redevelopment Opportunity

    Prime 1.45-acre site with mixed-use building for redevelopment.

    898 S Rand Road, Lake Zurich, IL 60047
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Hoffman Estates, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Spacious Duplex in Desirable Community
    $629,000
    3,000 SF

    Spacious Duplex in Desirable Community

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

    627 Chardonnay Lane, Crystal Lake, IL 60014
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    24-Unit Multifamily Property For Sale
    $3,200,000

    24-Unit Multifamily Property For Sale

    Well-maintained 24-unit multifamily property in Hanover Park, Illinois.

    2460 Leslie Ln, Hanover Park, IL 60133
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    Crystal Lake Two-Unit Investment Property
    $321,815
    0.27 Acres

    Crystal Lake Two-Unit Investment Property

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

    40 S WALKUP Avenue, Crystal Lake, IL 60014
    View details
    Hanover Park Multifamily Investment Opportunity
    $3,200,000

    Hanover Park Multifamily Investment Opportunity

    24-unit multifamily property in Hanover Park, Illinois for sale.

    2460 Leslie Ln, Hanover Park, IL 60133
    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
    Contact for pricing
    0.12 Acres

    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051
    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres

    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392
    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)
    9,330 SF Lot: 0.27 Acres
    Value Estimation by Request

    286 Silver Ct, Elgin, IL 60123-3563

    View details
    212 Dundee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,336 SF Lot: 0.20 Acres
    Value Estimation by Request

    212 Dundee Ave, Barrington, IL 60010-4204

    View details
    401 Chicago St
    APARTMENT HOUSE (5+ UNITS)
    47,760 SF Lot: 0.01 Acres
    Estimated value
    $5,010,000

    401 Chicago St, Elgin, IL 60120-5772

    View details
    1274 Getzelman Dr
    APARTMENT HOUSE (5+ UNITS)
    6,396 SF
    Estimated value
    $835,000

    1274 Getzelman Dr, Elgin, IL 60123-2002

    View details
    756 Bode Cir
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 19.28 Acres
    Estimated value
    $79,905,000

    756 Bode Cir, Hoffman Estates, IL 60169-2972

    View details
    865 Vlg Quarter Rd
    APARTMENT HOUSE (5+ UNITS)
    10,878 SF
    Estimated value
    $1,650,000

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

    View details
    1596 Mark Ave
    APARTMENT HOUSE (5+ UNITS)
    4,992 SF
    Value Estimation by Request

    1596 Mark Ave, Elgin, IL 60123-2902

    View details
    Mclean Blvd
    APARTMENT HOUSE (5+ UNITS)
    Lot: 5.88 Acres
    Value Estimation by Request

    Mclean Blvd, Elgin, IL 60123

    View details
    1236 Robinwood Dr, Unit 40
    APARTMENT HOUSE (5+ UNITS)
    16,785 SF Lot: 0.58 Acres
    Estimated value
    $735,000
    Unit 40

    1236 Robinwood Dr, Elgin, IL 60123-1301

    View details
    510 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)
    16,378 SF Lot: 1.12 Acres
    Estimated value
    $2,800,000

    510 Autumn Ct, Elgin, IL 60123-2574

    View details
    505 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)
    16,378 SF Lot: 1.38 Acres
    Estimated value
    $2,800,000

    505 Autumn Ct, Elgin, IL 60123-2544

    View details
    515 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)
    16,330 SF Lot: 1.36 Acres
    Estimated value
    $2,800,000

    515 Autumn Ct, Elgin, IL 60123-2577

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

    729 Strom Dr, West Dundee, IL 60118-2748

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

    729 Strom Dr, West Dundee, IL 60118-2748

    View details
    8 Strom Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.22 Acres
    Value Estimation by Request

    8 Strom Dr, West Dundee, IL 60118

    View details
    741 Strom Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.22 Acres
    Value Estimation by Request

    741 Strom Dr, West Dundee, IL 60118-2749

    View details
    8 Strom Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.22 Acres
    Value Estimation by Request

    8 Strom Dr, West Dundee, IL 60118

    View details
    8 Strom Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.22 Acres
    Value Estimation by Request

    8 Strom Dr, West Dundee, IL 60118

    View details
    753 Strom Dr
    APARTMENT HOUSE (5+ UNITS)
    11,520 SF
    Estimated value
    $845,000

    753 Strom Dr, West Dundee, IL 60118-2750

    View details

    Hoffman Estates, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Hoffman Estates, IL, showcased through 5 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

    Apartment buildings 4
    Duplexes 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    Lake Zurich - 60047 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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