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Financial
Distress signals
Property profile

2000 Larkin Ave 103 Elgin, IL 60123

FOR SALE
Other office properties
Property ID
US28-1068134
517 SF Built 1983
Last sale Oct 2024 · $45,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This ground-floor office suite is located within the Beacon Hill Condominium Association and comprises five rooms plus a dedicated storage room. The interior was configured for use as a dental office, and the suite has an internal, multi-room layout supporting office-based professional activities, along with dedicated storage. The condominium association provides water and sewer services and manages exterior maintenance responsibilities. Suite #103 is on the ground level within the condominium building.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$17k
Assessed land$6k
Assessed improvement$11k
Effective rate8.52%

Value estimate

· Oct 2026
$55k
$50k – $61k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$9k
Operating expenses−$7k
NOI · 41.23% cap applied$21k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$83 – $382
Qualifying comparables5

Cap rate analysis

How does the asset earn?
41.23%
$21k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.0
Bakery10.4
Skin Care Clinic10.3

Location

2000 Larkin Ave, Unit 103 Elgin, IL 60123
County assessor Recorded deeds · 2 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Cres, Elgin, IL 60123-6268 $150,000 Dec 2025 1,553 SF
1425 Mclean Blvd, Elgin, IL 60123-5702 $137,000 Jul 2025 774 SF
2050 Larkin Ave, Elgin, IL 60123-5899 $247,500 Dec 2023 1,544 SF
411 Highland, Elgin, IL 60123-5425 $300,000 Jul 2023 1,631 SF
761 Walnut, Elgin, IL 60123-7481 $200,000 Jul 2021 1,440 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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