Residential Income

Hoffman Estates, IL Residential Income Properties for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL
13 properties
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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 aluminum siding and an asphalt roof
Each unit includes multiple bedrooms, plus additional flexible space from a finished basement
2‑car garage provides off‑street parking
Heating uses natural gas
Water is provided by a private well, with a city water hookup available at the street
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Mixed-Use Live-Work Property
Updated: Jun 4
Mixed-Use Live-Work Property

435 Washington Street, Elgin, IL 60123

$279,000
0.44 AC lot
Mixed‑use property with residential and commercial components under RB (Residence/Business) zoning for residential, business, or a combination
Updated 2‑bed, 2‑bath residence leased for $1,900/month, providing immediate rental income
Separate brick commercial building at 530 W. Highland Ave with a spacious main‑level room and a basement for storage or expansion
Commercial building includes a convenient half bath and is currently vacant
Window unit(s) cooling; home year built 1925
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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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Mixed-Use Development Land
Mixed-Use Development Land

206 N Cook Street, Barrington, IL 60010

$3,495,000
2.01 AC lot

Zoned COMMR, this 2.01-acre downtown Barrington site offers flexibility for retail and residential uses.

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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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Mixed-Use Building in Downtown Barrington
Mixed-Use Building in Downtown Barrington

320 E Main Street, Barrington, IL 60010

$799,000
2,000 sqft

Updated commercial space with residential apartments in downtown Barrington.

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Elgin Development Opportunity
Elgin Development Opportunity

880 Summit St, Elgin, IL 60120

$2,499,000
17,000 sqft

Approved for residential and retail development in Elgin, Illinois.

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Lake Zurich Redevelopment Opportunity
Lake Zurich Redevelopment Opportunity

898 S Rand Road, Lake Zurich, IL 60047

$1,400,000
6,259 sqft · 1.45 AC lot

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

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Spacious Duplex with Updated Unit
Spacious Duplex with Updated Unit

1583-1585 Sheffield Drive, Elgin, IL 60123

$489,900

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

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Barrington Village Mixed-Use Property
Barrington Village Mixed-Use Property

136 Grant Street, Barrington, IL 60010

$150,000
0.66 AC lot

Prime real estate in Barrington Village with mixed-use zoning.

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Based on your search, we've compiled 80 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 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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Historic Algonquin Office Building For Sale
Historic Algonquin Office Building For Sale

329 Jefferson Street, Algonquin, IL 60102

$280,000
0.16 AC lot

Two-unit commercial office building in Algonquin's historic district.

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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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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.

Barrington Hills Estate Lot
Barrington Hills Estate Lot

2 Jennifer Court, Barrington Hills, IL 60010

$595,000
5.96 AC lot

5.85-acre lot in Fairmeadows Estates, Barrington Hills.

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Barrington Hills Wooded Land Parcel
Barrington Hills Wooded Land Parcel

Steeplechase Road lot: 0, Barrington Hills, IL 60010

$625,000
5.09 AC lot

Heavily wooded 5-acre property in Barrington Hills, Illinois.

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Waterfront Wooded Lot in Barrington
Waterfront Wooded Lot in Barrington

373 N Bateman Circle, Barrington Hills, IL 60010

$389,000
5.00 AC lot

Lush 5-acre waterfront lot in Barrington Hills, Illinois.

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Residential Lot in Gated Community
Residential Lot in Gated Community

1419 Somerset Place, Barrington, IL 60010

$140,000
0.13 AC lot

Ready-to-build lot in a convenient Barrington location.

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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

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

Hoffman Estates, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Hoffman Estates, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 25,259 square feet of properties for sale, with an estimated market value of $4,698,000.

Sale prices for residential income properties in Hoffman Estates, IL start at $799,000, averaging $1,566,000, 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

Multifamily properties 11
Apartment buildings 6
Duplexes 3
Single family properties 2

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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