Financial
Distress signals
Property profile

20-24 Douglas Ave Elgin, IL 60120

FOR SALE
Commercial real estate
Property ID
US28-2836275
11,748 SF 0.14 ac lot
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$16k
Tax billed · 2022
Assessed value$190k
Assessed land$40k
Assessed improvement$150k
Effective rate8.67%

Value estimate

· Sep 2026
$710k
$639k – $781k
Submarket $/SF estimate$961k
NOI build-up
Gross scheduled income$343k
Vacancy & credit loss−$85k
Operating expenses−$64k
NOI · 24.28% cap applied$193k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
ZIP average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$43 – $235
Qualifying comparables15

Cap rate analysis

How does the asset earn?
24.28%
$193k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Wholesale Shop
Demand index
Wholesale Shop22.1
Realty agency15.9
Auto Parts Store15.1

Location

20-24 Douglas Ave Elgin, IL 60120
County assessor Recorded deeds · not on file 15 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
76-80 Grv, Elgin, IL 60120 $1,900,000 Sep 2025 13,600 SF
488 Lincoln, Elgin, IL 60120-3041 $670,000 Aug 2025 6,801 SF
162 Chicago, Elgin, IL 60120-5524 $155,000 Jan 2025 3,562 SF
25-27 Grv, Elgin, IL 60120 $670,000 Jan 2025 3,748 SF
209-211 Chicago, Elgin, IL 60120 $480,000 Jan 2025 14,784 SF
147 Liberty, Elgin, IL 60120-6606 $505,000 Oct 2024 4,540 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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