Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1200 Spaulding Rd Elgin, IL 60120

OFF-MARKET
Auto shops
Property ID
US28-0312146
4.36 ac lot Built 1988
Last sale Mar 2025 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property includes a 3,200-square-foot building situated on a 4.4-acre fenced land parcel with a security gate. The site is served by a well and septic utilities. Zoning is Unincorporated Elgin Township, and the property is included in Elgin’s Comprehensive Plan as General Industrial for potential future annexation. The configuration supports uses such as a truck facility or contractor’s yard, with capability for outdoor storage. The building and site can be used as a single facility or divided for up to two tenants, depending on layout and operational needs.

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?
$40k
Tax billed · 2022
Assessed value$138k
Assessed land$95k
Assessed improvement$43k
Effective rate28.99%

Value estimate

· Oct 2026
$2.91M
$2.61M – $3.20M
AI approach$2.81M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 372 recorded sales of this use type
Observed band · Q1–Q3$53 – $217

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.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant19.5
Law Firm16.3
Hair Salon14.4

Location

1200 Spaulding Rd Elgin, IL 60120-7316
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
849 Villa, Elgin, IL 60120-8001 $310,000 Jun 2025 No data
640 Varsity, Elgin, IL 60120-4984 $1,600,000 Dec 2022 13,226 SF
1020 Blf City, Elgin, IL 60120-7310 $520,000 May 2022 No data
346 Willard, Elgin, IL 60120-6811 $93,500 Nov 2019 No data
910 Chicago, Elgin, IL 60120-6821 $1,220,000 Aug 2019 2,400 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1200 Spaulding Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again