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    Hoffman Estates, IL Multifamily Properties for Sale

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    Algonquin, IL Wauconda, IL Bartlett, IL South Elgin, IL Streamwood, IL Saint Charles, IL Carpentersville, IL Barrington Hills, IL
    13 properties
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    Historic Duplex with Detached Garage
    Updated: Jul 9
    Historic Duplex with Detached Garage

    386 E Chicago Street, Elgin, IL 60120

    $474,900
    0.33 AC lot
    Duplex configuration with a primary home and separately rented upper‑level unit
    0.33‑acre lot with mature trees and covered front and rear porches
    Detached 2‑1/2‑car garage with attached heated office
    Finished basement with recreation room, den, workshop area, and laundry
    Upper unit features private balcony, gas log fireplace, and in‑unit laundry
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    Renovated Duplex with Detached Garage
    Updated: Jul 16
    Renovated Duplex with Detached Garage

    472 N Spring Street, Elgin, IL 60120

    $420,000
    0.20 AC lot
    Two leased apartments in a duplex configuration
    2020 remodeling included kitchens, bathrooms, HVAC, roof, furnaces, and hot water heaters
    2‑story detached 1,200sf garage with potential coach house development
    Separate gas and electric meters for the apartments
    Coin‑operated commercial washer and dryer in the shared basement
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    Duplex with Unfinished Basement
    Duplex with Unfinished Basement

    649 Wellington Avenue, Elgin, IL 60120

    $314,900

    Updated two-unit property with an unfinished basement, owned parking, and access to Elgin’s riverfront setting.

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    All-Electric 6-Unit Apartment Building
    All-Electric 6-Unit Apartment Building

    75 N Lyle Avenue, Elgin, IL 60123

    $930,000

    Six-unit all-electric apartment building offered for sale in Elgin.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    75 N Lyle Avenue, Elgin, IL 60123

    $930,000
    0.27 AC lot

    Brick multifamily property with all-electric systems, MULTI zoning, and a six-unit configuration.

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    Duplex With Garage Workshop
    Duplex With Garage Workshop

    642 E Chicago Street, Elgin, IL 60120

    $399,900

    Two residential units offer matching two-bedroom layouts, with a full basement and additional garage space.

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    Remodeled Quadplex
    Remodeled Quadplex

    336 Saint Charles Street, Elgin, IL 60120

    $420,000

    Four residential units include garage parking, public utilities, and updates to two apartments.

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    Remodeled Duplex with Detached Garage
    Remodeled Duplex with Detached Garage

    472 N Spring Street, Elgin, IL 60120

    $420,000

    Remodeled duplex with separately metered utilities, coin-operated laundry, and a large detached garage for storage or rental income.

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    Mixed-Use Office/Retail Building
    Mixed-Use Office/Retail Building

    71 S Old Rand Road, Lake Zurich, IL 60047

    $397,900

    Main-floor office/retail space includes three offices, waiting area, kitchenette, and restroom with central HVAC.

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    Renovated 2-Unit Multifamily Property
    Renovated 2-Unit Multifamily Property

    649 Wellington Avenue, Elgin, IL 60120

    $314,900

    Completely renovated duplex with an unfinished basement and 8-car parking, offering a 2-bedroom and 1-bedroom unit.

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    Mixed-Use Office Conversion Opportunity
    Mixed-Use Office Conversion Opportunity

    215 S Northwest Highway, Barrington, IL 60010

    $999,000

    Property includes nine office units and an approved plan to convert the second floor to seven apartments.

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    Two-Unit Building with Garage
    Two-Unit Building with Garage

    642 E Chicago Street, Elgin, IL 60120

    Contact for pricing

    Full basement and garage/workshop add functional space to this residential income property.

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    14-Unit Apartment Building
    14-Unit Apartment Building

    33 Lynch St, Elgin, IL 60123

    Contact for pricing

    Fourteen-unit multifamily property with recent unit renovations, a newer boiler, and a five-year shingle roof.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 13 Active listings in Hoffman Estates, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 1 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.

    Duplex with Waterfront Views
    Duplex with Waterfront Views

    151 Beach Court, South Elgin, IL 60177

    $325,000
    1,500 sqft

    Two-unit duplex on an oversized lot with water frontage, including an attached 2-car garage for Unit 1.

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

    320-380 Highland Avenue, Algonquin, IL 60102

    $900,000
    1.45 AC lot

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

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    Waterfront Duplex
    Waterfront Duplex

    151 Beach Court, South Elgin, IL 60177

    $325,000
    0.27 AC lot

    Occupied two-unit property with updated kitchen finishes, garage parking, and an additional separate area for possible expansion.

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    Seven-Cottage Apartment Property
    Seven-Cottage Apartment Property

    320-380 Highland Avenue, Algonquin, IL 60102

    $900,000
    1.40 AC lot

    Wooded multifamily setting with Fox River views and MULTI zoning.

    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.

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    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

    $315,000
    Estimated value
    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

    $4,305,000
    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

    $620,000
    Estimated value
    6,396 sqft
    View details
    756 Bode Cir
    GARDEN APT, COURT APT (5+ UNITS)

    756 Bode Cir, Hoffman Estates, IL 60169-2972

    $79,905,000
    Estimated value
    19.28 AC lot
    View details
    865 Vlg Quarter Rd
    APARTMENT HOUSE (5+ UNITS)

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

    $420,000
    Estimated value
    10,878 sqft
    View details
    1596 Mark Ave
    APARTMENT HOUSE (5+ UNITS)

    1596 Mark Ave, Elgin, IL 60123-2902

    $600,000
    Estimated value
    4,992 sqft
    View details
    Mclean Blvd
    APARTMENT HOUSE (5+ UNITS)

    Mclean Blvd, Elgin, IL 60123

    $195,000
    Estimated value
    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

    Hoffman Estates, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Hoffman Estates, IL, showcased through 13 active listings on our real estate platform.

    Sale prices for multifamily properties in Hoffman Estates, IL start at $314,900, averaging $547,409, and reaching up to $999,000 — 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

    Duplexes 8
    Apartment buildings 7
    Quadplexes 1

    Demographics Overview

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

    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

    • 60120
    • 60123
    • 60010
    • 60047
    • 60118

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