Hooper left Celtic last summer to make the move to Carrow Road but the future of many Norwich players will be uncertain if they suffer relegation from the Premier League.
Commons believes there is a chance the striker could return to Celtic at some point, and would relish the chance to play alongside him once again.
"In an ideal world I would like to get Hoops back," Commons, named PFA Scotland Player of the Year, said in the Daily Record.
"I had a very strong relationship with him on the park. He is one of the best players I have ever performed alongside.
"I don't think it is totally unrealistic that we could get him back one day. Obviously, Lionel Messi would be perfect but I would like us to bring back Hoops.
"It would be magic to have him in our side again. Look at the amount of goals he scored. In addition, his movement and link-up play were second to none. He's a top player and that's why he went to the Premier League.
"I've been lucky enough to play with a lot of superb players and Hoops is up there with the best. It would be great if he returned."