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Financial
Distress signals
Property profile

1000 Spg St South Elgin, IL 60177

OFF-MARKET
Other office properties
Property ID
US28-2082798
6,800 SF 1.18 ac lot
Last sale Jul 2018 · $380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes a first-floor, single-room office suite within a professional office building in South Elgin, Illinois, configured with a spacious walk-in closet. The suite has separate front and rear entrances and provides access to common restrooms shared with the building. The building site encompasses a 1-acre lot, and the property is zoned COMMR.

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?
$14k
Tax billed · 2022
Assessed value$158k
Assessed land$71k
Assessed improvement$87k
Effective rate8.61%

Value estimate

· Oct 2026
$670k
$603k – $737k
Submarket $/SF estimate$695k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$198/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$102 – $311
Qualifying comparables10

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.6
Law Firm23.4
Dental Office16.7

Location

1000 Spg St South Elgin, IL 60177-1466
County assessor Recorded deeds · 5 transfers 10 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $575,000
    3,050 SF
    455 Briargate Dr
    OFFICE (GENERAL)
    455 Briargate Dr, South Elgin, IL 60177-2225
    View Details
  • Value Estimation
    $330,000
    1,844 SF
    482 Briargate Dr, Unit 102
    OFFICE (GENERAL)
    482 Briargate Dr, South Elgin, IL 60177-2225
    View Details
  • Value Estimation
    $290,000
    1,664 SF
    696 Spg St
    OFFICE (GENERAL)
    696 Spg St, South Elgin, IL 60177-1562
    View Details
  • Value Estimation
    $265,000
    1,472 SF
    1756 La Fox St
    OFFICE (GENERAL)
    1756 La Fox St, South Elgin, IL 60177-1226
    View Details
  • Value Estimation
    $270,000
    1,350 SF
    460 Briargate Dr Ste, Unit 300
    OFFICE (GENERAL)
    460 Briargate Dr Ste, South Elgin, IL 60177-2224
    View Details
  • Value Estimation
    $185,000
    782 SF
    205 State St
    OFFICE (GENERAL)
    205 State St, South Elgin, IL 60177-2050
    View Details

Similar Nearby for Sale

  • $549,000
    15,430 SF
    Furnished Office Condo For Sale
    Class A office condominium in South Elgin, Illinois.
    460 Briargate Drive Unit 500, South Elgin, IL 60177
    View Details
  • New
    $2,012,582
    19,500 SF
    Veterinary Portfolio in Chicago Suburbs
    Three properties, 100% leased to Mission Pet Health.
    477 Briargate Dr, South Elgin, IL 60177
    View Details
  • New
    Contact for pricing
    2,362 SF
    Renovated Office Building
    Recently renovated office building offering multiple private offices within a 0.23-acre site.
    1497 N Lafox Street, South Elgin, IL 60177
    View Details
  • $12,200,000
    Multi-Tenant Medical Office Building
    Class A professional property with medical, business, and early learning occupancy in a developed commercial corridor.
    2000 McDonald Road South, Elgin, IL 60177
    View Details
  • New
    $450,000
    Updated Office Unit
    An adaptable interior provides a flexible configuration for office use.
    65 Woodbury St, South Elgin, IL 60177
    View Details
  • Contact for pricing
    Multi-Tenant Medical Office Building
    Professionally managed office property with medical, business, and early learning occupants near Randall Road.
    2000 McDonald Road, South Elgin, IL 60177
    View Details

Similar Nearby for Lease

  • Contact for pricing
    1,790 sqft
    Fully Built Medical Office First Floor
    First-floor medical suite with private staff entry, 20+ exam rooms, imaging infrastructure, and covered patient drop-off.
    2000 McDonald Rd, South Elgin, IL 60177
    View Details
  • New
    Contact for pricing
    Built-Out Medical Center Space
    First-floor medical premises include extensive exam, imaging, staff, patient, and therapy areas.
    2000 McDonald Road South, Elgin, IL 60177
    View Details
  • Contact for pricing
    Retail Space with Private Office
    Open-plan commercial suite with dedicated office, conference room, breakroom, bathrooms, and direct unit access.
    350 Sundown Road, South Elgin, IL 60177
    View Details
  • New
    $18 SF/Yr
    2,445 sqft
    Contemporary Mixed-Use Building
    Built in 2017, this mixed-use property includes association-managed exterior maintenance such as landscaping and snow removal.
    65 Woodbury St, South Elgin, IL 60177
    View Details
  • $14 SF/Yr
    Flex Space with Fabrication Area
    Combined warehouse, office, mezzanine, and fenced outdoor parking support fabrication and administrative operations.
    695 Schneider Dr Unit 1, South Elgin, IL 60177
    View Details
  • New
    Contact for pricing
    Renovated Private Office Units
    Flexible office property with multiple enclosed workspaces and updated finishes.
    1497 N Lafox Street, South Elgin, IL 60177
    View Details
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