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    Property profile & analytics

    665 Tollgate Rd Elgin, IL 60123

    • Commercial real estate
    • 39,500 SF
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $1,585,000
    Location Intelligence
    Property ID
    US28-0741350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • FedEx Drop Box / Mailing Service
    • RLD Creative / Marketing Agency / Advertising Agency
    • Pivotal Counseling Center / Mental Health Service
    • KDS Imports / Importer
    • BMB Supply / Pipe Supplier / Distribution Service

    Property Details for 665 Tollgate Rd

    Year built
    1990
    Property size
    39,500 SF
    Property type
    Commercial real estate
    APN
    03-34-351-020
    APU
    334351020

    Description

    This exceptional Kane County property at 665-675 Tollgate Road offers 37,441 square feet of versatile office, flex, and warehouse space in a single-story Class B building. Fifteen suites are available, with a minimum divisible space of 1,181 square feet and a maximum contiguous space of 4,629 square feet. Currently, 7,168 square feet is vacant and ready for immediate occupancy. The building boasts attractive brick exterior with excellent curb appeal. Each suite features private entrances and 24/7 HVAC control, maximizing tenant flexibility and comfort. Abundant natural light is provided through large windows. The interior layouts are adaptable, accommodating various needs, from private offices and classrooms to call centers and flexible workspaces. The property also offers convenient loading access, including both ramp and dock facilities. The 13.5-foot ceiling height adds to the functionality and storage capacity of the spaces. This multi-tenant building presents a unique opportunity for businesses seeking a combination of office, flex, and warehouse space in a prime Kane County location. The existing spaces offer a variety of configurations, allowing for customization to meet specific business requirements. This is an ideal location for companies seeking efficient and adaptable workspace.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.2956
    Latitude
    42.0704
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,248
    $250,372
    $392,561
    $642,933
    -
    $751,116
    $1,177,683
    $1,928,799

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    665 Tollgate Rd
    Elgin, IL 60123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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