-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001482177-10-000005.txt : 20100219
<SEC-HEADER>0001482177-10-000005.hdr.sgml : 20100219
<ACCEPTANCE-DATETIME>20100219164846
ACCESSION NUMBER:		0001482177-10-000005
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100219
DATE AS OF CHANGE:		20100219
EFFECTIVENESS DATE:		20100219

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hillsboro 1031 DST
		CENTRAL INDEX KEY:			0001482177
		IRS NUMBER:				276361105
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-138227
		FILM NUMBER:		10620085

	BUSINESS ADDRESS:	
		STREET 1:		2901 BUTTERFIELD ROAD
		CITY:			OAK BROOK
		STATE:			IL
		ZIP:			60523
		BUSINESS PHONE:		630-218-4916

	MAIL ADDRESS:	
		STREET 1:		2901 BUTTERFIELD ROAD
		CITY:			OAK BROOK
		STATE:			IL
		ZIP:			60523
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001482177</cik>
        <entityName>Hillsboro 1031 DST</entityName>
        <issuerAddress>
            <street1>2901 BUTTERFIELD ROAD</street1>
            <city>OAK BROOK</city>
            <stateOrCountry>IL</stateOrCountry>
            <zipCode>60523</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>630-218-4916</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Other</entityType>
        <entityTypeOtherDesc>Delaware Statutory Trust</entityTypeOtherDesc>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2009</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Estate Corporation</firstName>
                <lastName>Inland Real</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2901 Butterfield Road</street1>
                <city>Oak Brook</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60523</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>1031, L.L.C.</firstName>
                <lastName>Hillsboro</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2901 Butterfield Road</street1>
                <city>Oak Brook</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60523</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Exchange, L.L.C.</firstName>
                <lastName>Hillsboro</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2901 Butterfield Road</street1>
                <city>Oak Brook</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60523</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Real Estate</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001482177-10-000004</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-01-14</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Beneficial interests in a Delaware Statutory Trust reflecting beneficial interests in real estate</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Inland Securities Corporation</recipientName>
                <recipientCRDNumber>15807</recipientCRDNumber>
                <associatedBDName>Inland Securities Corporation</associatedBDName>
                <associatedBDCRDNumber>15807</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>2901 Butterfield Road</street1>
                    <city>Oak Brook</city>
                    <stateOrCountry>IL</stateOrCountry>
                    <zipCode>60523</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>IL</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Patrick R. Conway</recipientName>
                <recipientCRDNumber>1337831</recipientCRDNumber>
                <associatedBDName>Investacorp, Inc.</associatedBDName>
                <associatedBDCRDNumber>7684</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>2901 Butterfield Road</street1>
                    <city>Oak Brook</city>
                    <stateOrCountry>IL</stateOrCountry>
                    <zipCode>60523</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>FL</state>
                    <state>IL</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Timothy K. Whipple</recipientName>
                <recipientCRDNumber>2829688</recipientCRDNumber>
                <associatedBDName>Triad Advisors, Inc.</associatedBDName>
                <associatedBDCRDNumber>25803</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>499 South Oren Boulevard</street1>
                    <city>Orem</city>
                    <stateOrCountry>UT</stateOrCountry>
                    <zipCode>84058</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>UT</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Gregory W. McCloskey</recipientName>
                <recipientCRDNumber>2820510</recipientCRDNumber>
                <associatedBDName>Newport Coast Securities, Inc.</associatedBDName>
                <associatedBDCRDNumber>16944</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>18872 MacArthur Boulevard, Suite 100</street1>
                    <city>Irvine</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <zipCode>92612</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>David B. Levinson</recipientName>
                <recipientCRDNumber>705929</recipientCRDNumber>
                <associatedBDName>Newport Coast Securities, Inc.</associatedBDName>
                <associatedBDCRDNumber>16944</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>18872 MacArthur Boulevard, Suite 100</street1>
                    <city>Irvine</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <zipCode>92612</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Robert S. Smith</recipientName>
                <recipientCRDNumber>1412333</recipientCRDNumber>
                <associatedBDName>Pacific West Securities, Inc.</associatedBDName>
                <associatedBDCRDNumber>6390</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>8705 SW Nimbus Avenue, Suite 260</street1>
                    <city>Beaverton</city>
                    <stateOrCountry>OR</stateOrCountry>
                    <zipCode>97008</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>OR</state>
                    <state>VA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Iaian L. Filippini</recipientName>
                <recipientCRDNumber>4708877</recipientCRDNumber>
                <associatedBDName>Independent Financial Group, LLC</associatedBDName>
                <associatedBDCRDNumber>7717</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1096 Coast Village Road</street1>
                    <city>Montecito</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <zipCode>93108</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Jason L. Garofalo</recipientName>
                <recipientCRDNumber>3008935</recipientCRDNumber>
                <associatedBDName>Tricor Financial, LLC</associatedBDName>
                <associatedBDCRDNumber>142518</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>7201 West Lake Mead Boulevard, Suite 114</street1>
                    <city>Las Vegas</city>
                    <stateOrCountry>NV</stateOrCountry>
                    <zipCode>89128-8347</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NV</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Elizabeth Delgado-Schuetze</recipientName>
                <recipientCRDNumber>4501355</recipientCRDNumber>
                <associatedBDName>Tricor Financial, LLC</associatedBDName>
                <associatedBDCRDNumber>142518</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>7201 West Lake Mead Boulevard, Suite 114</street1>
                    <city>Las Vegas</city>
                    <stateOrCountry>NV</stateOrCountry>
                    <zipCode>89128-8347</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NV</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Robert A. Cannon</recipientName>
                <recipientCRDNumber>2765289</recipientCRDNumber>
                <associatedBDName>Pacific West Securities, Inc.</associatedBDName>
                <associatedBDCRDNumber>6390</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>371 NE Gilman Boulevard, Suite 310</street1>
                    <city>Issaquah</city>
                    <stateOrCountry>WA</stateOrCountry>
                    <zipCode>98027</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>IL</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Christopher T. Wendel</recipientName>
                <recipientCRDNumber>1930870</recipientCRDNumber>
                <associatedBDName>WRP Investments, Inc.</associatedBDName>
                <associatedBDCRDNumber>7365</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>215 West Market Street</street1>
                    <city>Celina</city>
                    <stateOrCountry>OH</stateOrCountry>
                    <zipCode>45822</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>OH</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Nathaniel M. Kuhn</recipientName>
                <recipientCRDNumber>4624143</recipientCRDNumber>
                <associatedBDName>Investacorp, Inc.</associatedBDName>
                <associatedBDCRDNumber>7684</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>300 Anthony Avenue, Suite 206</street1>
                    <city>Mundelein</city>
                    <stateOrCountry>IL</stateOrCountry>
                    <zipCode>60060</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>IL</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Ricky L. Coody</recipientName>
                <recipientCRDNumber>4251317</recipientCRDNumber>
                <associatedBDName>Invest Financial Corporation</associatedBDName>
                <associatedBDCRDNumber>12984</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>300 East Choctaw</street1>
                    <city>McAlester</city>
                    <stateOrCountry>OK</stateOrCountry>
                    <zipCode>74501</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>TX</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>John S. Weiss</recipientName>
                <recipientCRDNumber>1097536</recipientCRDNumber>
                <associatedBDName>Crown Capital Securities, L.P.</associatedBDName>
                <associatedBDCRDNumber>6312</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>7541 North Calle Sin Desengano</street1>
                    <city>Tucson</city>
                    <stateOrCountry>AZ</stateOrCountry>
                    <zipCode>85718</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>IA</state>
                    <state>NY</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Kim D. Frink</recipientName>
                <recipientCRDNumber>2298983</recipientCRDNumber>
                <associatedBDName>Invest Financial Corporation</associatedBDName>
                <associatedBDCRDNumber>12984</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>93 Route 6A</street1>
                    <city>Sandwich</city>
                    <stateOrCountry>MA</stateOrCountry>
                    <zipCode>02563</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>MA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>William A. Howe</recipientName>
                <recipientCRDNumber>4533710</recipientCRDNumber>
                <associatedBDName>Invest Financial Corporation</associatedBDName>
                <associatedBDCRDNumber>12984</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>5 Brook Street</street1>
                    <city>Middleboro</city>
                    <stateOrCountry>MA</stateOrCountry>
                    <zipCode>02346</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>FL</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>John G. Chess</recipientName>
                <recipientCRDNumber>4812430</recipientCRDNumber>
                <associatedBDName>Investors Capital Corp.</associatedBDName>
                <associatedBDCRDNumber>30613</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>4263 Gavin Lane</street1>
                    <city>Columbus</city>
                    <stateOrCountry>OH</stateOrCountry>
                    <zipCode>43220</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>OH</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>John M. Lavery</recipientName>
                <recipientCRDNumber>2659827</recipientCRDNumber>
                <associatedBDName>Investment Planners, Inc.</associatedBDName>
                <associatedBDCRDNumber>18557</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>420 Maine Street</street1>
                    <city>Quincy</city>
                    <stateOrCountry>IL</stateOrCountry>
                    <zipCode>62301</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>IL</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>12837500</totalOfferingAmount>
            <totalAmountSold>4008610</totalAmountSold>
            <totalRemaining>8828890</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>31</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>898625</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>1437917</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Hillsboro 1031 DST</issuerName>
                <signatureName>/s/ Patricia A. DelRosso</signatureName>
                <nameOfSigner>Patricia A. DelRosso</nameOfSigner>
                <signatureTitle>President of Member of Signatory Trustee</signatureTitle>
                <signatureDate>2010-02-17</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
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</TEXT>
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</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----