Financial
Distress signals
Property profile

1355 Holmes Rd Elgin, IL 60123

FOR LEASE
Industrial properties
Property ID
US28-0811542
82,182 SF Built 1976
Last sale Oct 2014 · $4,118,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Elgin, IL industrial property, located at 1355 Holmes Rd (Holmes Rd & Davis Rd), offers 82,456 square feet of warehouse space, with 39,921 square feet currently available for lease. The single-story building, constructed in 1976 and renovated in 1998, boasts a Class C rating and features 18-19'6" clear ceiling heights, perfect for various industrial uses. The property includes two dock-high doors and four drive-in doors, ensuring efficient loading and unloading. Ample…

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.

Mortgages

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?
$137k
Tax billed · 2022
Assessed value$1.57M
Assessed land$361k
Assessed improvement$1.21M
Effective rate8.74%

Value estimate

· Sep 2026
$3.61M
$3.24M – $3.97M
Submarket $/SF estimate$2.70M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$74/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$59 – $92

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 agency16.4
Spa & Massage12.9
Hair Salon12.6

Location

1355 Holmes Rd Elgin, IL 60123
County assessor Recorded deeds · 9 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1215 Bowes, Elgin, IL 60123-5542 $4,500,000 Mar 2026 49,000 SF
1575 Holmes, Elgin, IL 60123-1205 $2,600,000 Jul 2025 48,279 SF
1331-1333 Davis, Elgin, IL 60123-1319 $8,800,000 May 2024 126,000 SF
1575 Highpoint, Elgin, IL 60123-9303 $7,475,000 Mar 2024 72,000 SF
200 Corporate, Elgin, IL 60123-9310 $9,715,000 Mar 2024 110,400 SF
1590 Todd Farm, Elgin, IL 60123-1287 $3,087,500 Mar 2024 55,780 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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