Realmo Analytics
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Property summary
This exceptional 14,900-square-foot executive office building in Elgin, Illinois, presents a unique investment opportunity. Situated on a 0.867-acre lot at 400 River Ridge Dr, this two-story, 1978-built brick and steel structure boasts 48 parking spaces and offers unparalleled convenience with quick access to I-90 and IL-31. The main building, designed for optimal productivity, features high-end finishes including high-end cabinetry, French doors, two large conference rooms, an executive… office with a fireplace and mini-refrigerator, three 50-inch mounted TVs, crown molding, an executive kitchen, and a workout room. The space includes 30 spacious offices with built-in desks, six large restrooms, two reception areas, a zoned motion-sensor security system, and a complete phone system. Three-zone heating and cooling ensures climate control. The attached 4,400-square-foot garage/warehouse space offers versatile storage options, featuring two separate entrances, three 22-foot-tall garage doors, one 10-foot garage door, and a 35-foot ceiling height. This space also includes two overhead heaters. The building is divisible into three approximately 3,300-square-foot leasable office spaces, making it ideal for investors. Currently, half the building is occupied by a paying tenant, offering immediate income potential. The property's prime location, across from the Holiday Inn Elgin, and its functional amenities make it a perfect fit for a variety of professional services businesses. The net rentable space is 3,300 square feet. The asking price is $1,795,000. A quick closing is possible.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 8,740 SF
- Year built
- 1980
- Stories
- 2
- APN
- 03-34-326-043
- Assessed value · 2022
- $225,919
- Annual tax · 2022
- $19,380
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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