Hoffman Estates Homes For Sale & Real Estate
Hoffman Estates is a great place to live, work, and grow. The Village is located just 30 miles northwest of downtown Chicago. Hoffman Estates is an established residential and business community with a population of just over 50,000 residents. And real estate in the area offers a great variety of amenities such as quality housing, a convenient location, and numerous recreational venues and quality schools. Plus, Hoffman Estates is home to many great restaurants and shopping centers. The Village is a full-service municipal community, providing Hoffman Estates residents police, fire, public works, and social services. Overall, the community boasts plenty to see, do, and experience. Click here for more Hoffman Estate’s close proximity to I-90 make commuting easy for motorists. For those wishing to commute via train, the Schaumburg Metra Station is approximately a five-mile drive away. The town sits only 14 miles from O’Hare Airport, too, making it an ideal location for all types of travelers. Located in Hoffman Estates are the headquarters location for the Sears Holdings Corporation, the Midwest headquarters for AT&T and the American headquarters for Mori Seiki. During the early 1950s, the Schaumburg Township was a rural farming community with a population just over 1,000. In 1954, Sam and Jack Hoffman, owners of a construction company, purchased 160 acres from a local farmer and began to build new homes on the land. By 1959, the population expanded to 8,000 residents and the Village of Hoffman Estates was incorporated with just three square miles. With the opening of the Northwest Tollway in 1958 and the annexation of 2,000 acres by 1962, Hoffman Estates had double its incorporated land area. Woodfield Mall opened in 1971 making the area a major business center. The economic development of Hoffman Estates expanded in the 1990s with the construction of the Prairie Scott Business Park. The business park brought in major corporations like Sears, Roebuck and Company, Indramat, and Quest International. Today, Hoffman Estates residential and commercial real estate continues to grow with new development projects. The population is now over 50,000 and the total incorporated land area expanded to 19 square miles.
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Hoffman Estates, IL Real Estate Statistics
- Avg Home Price $ 438K
- Homes for Sale 35
- Homes New to Market 27
- Avg Cost per Square Foot $243
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