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Financial
Distress signals
Property profile

2375 Bowes Rd Elgin, IL 60123

OFF-MARKET
Other commercial real estate
Property ID
US28-2834041
2,945 SF Built 2007
Last sale Mar 2025 · $540,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail unit is located within a strip center and is configured as a salon buildout. The space includes in-place plumbing and interior finishes, with tile flooring installed prior to the wall build-out to allow flexibility for future layout changes. The unit faces Bowes Road and is positioned across the street from Menards, Sam’s Club, and Walmart. The property is part of a common-interest setting that provides shared building and grounds services, including water, garbage, landscaping, snow removal, and roof maintenance.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value$170k
Assessed land$14k
Assessed improvement$156k
Effective rate8.67%

Value estimate

· Oct 2026
$315k
$284k – $347k
CAP approach$565k
Submarket $/SF estimate$652k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$83 – $382
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.9
Realty agency14.2
Dental Office12.5

Location

2375 Bowes Rd Elgin, IL 60123-8500
County assessor Recorded deeds · 11 transfers 13 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1725 Larkin, Elgin, IL 60123-5946 $945,000 Dec 2025 2,806 SF
340 State, Elgin, IL 60123-7604 $380,000 Nov 2025 2,084 SF
1070 Larkin, Elgin, IL 60123-5295 $485,000 Oct 2025 5,440 SF
7 State, Elgin, IL 60123-6340 $200,000 May 2025 2,354 SF
217 Lawrence, Elgin, IL 60123-3534 $102,000 Feb 2025 1,200 SF
1126 Larkin, Elgin, IL 60123-5287 $200,000 Oct 2024 1,657 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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