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    Property profile & analytics

    1550 Gifford Rd Elgin, IL 60120

    • Warehouses
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3862497
    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

    • Warehouses

    Property Details for 1550 Gifford Rd

    Property type
    Warehouses
    APN
    06-31-201-020
    APU
    631201020

    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
    Cook
    State
    Illinois
    Longitude
    -88.2446
    Latitude
    41.9998
    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
    2022
    $140,569
    $344,082
    $140,880
    $484,962
    -
    $1,376,328
    $563,520
    $1,939,848

    Comparable in this City

    • Value Estimation by Request
      0.76 Acres

      923 Villa St

      STORAGE YARD, OPEN STORAGE • 0.76 Acres
      923 Villa St, Elgin, IL 60120-8146
      View Details
    • Value Estimation
      $2,475,000
      7.70 Acres

      1485 Bartlett Rd

      STORAGE YARD, OPEN STORAGE • 7.70 Acres
      1485 Bartlett Rd, Elgin, IL 60120
      View Details
    • Value Estimation by Request

      1423 Gifford Rd

      STORAGE YARD, OPEN STORAGE
      1423 Gifford Rd, Elgin, IL 60120
      View Details
    • Value Estimation by Request
      0.71 Acres

      250 Willard Ave

      MINI-WAREHOUSE, STORAGE • 0.71 Acres
      250 Willard Ave, Elgin, IL 60120
      View Details
    • Value Estimation
      $785,000
      0.92 Acres

      864 Blf City Blvd

      MINI-WAREHOUSE, STORAGE • 0.92 Acres
      864 Blf City Blvd, Elgin, IL 60120-7574
      View Details
    • Value Estimation
      $610,000
      991 SF

      930 Villa St

      MINI-WAREHOUSE, STORAGE • 991 SF
      930 Villa St, Elgin, IL 60120
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      442,601 SF

      Versatile Warehouse and Office Facility

      442,601 SF facility with balanced warehouse and office space.
      1717 Gifford Rd, Elgin, IL 60120
      View Details
    • $1,350,000
      0.90 Acres

      Elgin Industrial Building with Heavy Power

      Well-maintained industrial building ideal for large-scale production and heavy machinery.
      303 Elgin Ave, Elgin, IL 60120
      View Details
    • $2,090,880
      12.00 Acres

      Elgin Industrial Land: 12 Acres

      Prime Elgin location, 12 acres, $4/sq ft.
      1451 Dundee Ave, Elgin, IL 60120
      View Details
    • $3,300,000
      3,200 SF

      Elgin Industrial Site For Sale

      4.4 acre industrial site with 3,200 SF building.
      1200 Spaulding Rd, Elgin, IL 60120
      View Details
    • $2,600,000
      24,490 SF

      Industrial Buildings on Fenced Site

      Two industrial buildings on a rare 5.42-acre fenced site.
      301 Ramona Ave, Elgin, IL 60120
      View Details
    • $699,000
      6,344 SF

      Bus Station

      Bike Trail
      17-27 Grove Ave, Elgin, IL 60120
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Elgin Industrial Rental Unit

      1500 SF warehouse with mezzanine and designated parking.
      765 Villa St, Elgin, IL 60120
      View Details
    • $1,900 /Mo
      1,029 SF

      Oakwood Hills Ranch Condo Rental

      Spacious 2 bed, 2 bath condo with modern amenities.
      408 Woodview Cir, Elgin, IL 60120
      View Details
    • $18 SF/Yr
      1,325 SF

      Retail Space in Elgin, IL

      Retail space available for lease in Elgin, Illinois.
      40 Du Page St, Elgin, IL 60120
      View Details
    • New
      Contact for pricing

      Downtown Elgin Office Suites Available

      Office suites for rent in downtown Elgin landmark building.
      77 S Riverside Dr, Elgin, IL 60120
      View Details
    • $8 SF/Yr
      7,500 SF

      Elgin Office Building for Lease

      7,500 SF Office Space, 3 Suites Available
      474 Smt St, Elgin, IL 60120
      View Details
    • Contact for pricing
      32,600 SF

      High Point Plaza Retail Center

      Elgin, IL Shopping Center Opportunity
      1350 Chicago St, Elgin, IL 60120
      View Details
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    1550 Gifford Rd
    Elgin, IL 60120
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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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