Financial
Distress signals
Property profile

2570 Millennium Dr Elgin, IL 60124

OFF-MARKET
Industrial properties
Property ID
US28-3229072
5 ac lot
Last sale Sep 2021 · $1,207,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 31,200-square-foot warehouse facility, located at 2570 Millennium Drive in Elgin, Illinois, presents a unique opportunity for businesses seeking a state-of-the-art industrial space. Built in 2023, the property sits on a generous 5-acre lot and is currently available for sale or lease. The building boasts a substantial 28-foot ceiling height, providing ample vertical storage capacity. For efficient loading and unloading, the warehouse features four loading docks and four…

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?
$34k
Tax billed · 2022
Assessed value$398k
Assessed land$398k
Effective rate8.67%

Value estimate

· Sep 2026
$1.19M
$1.07M – $1.30M
AI approach$1.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$102/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$85 – $121

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant9.5
Auto Repair Shop9.5
Realty agency9.4

Location

2570 Millennium Dr Elgin, IL 60124-7815
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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1380 Madeline, Elgin, IL 60124-8585 $17,500,000 Mar 2026 No data
2300 Galvin, Elgin, IL 60124-7933 $21,100,000 Mar 2025 219,245 SF
2400 Vantage, Elgin, IL 60124-7867 $10,250,000 Mar 2025 72,548 SF
2800 Galvin, Elgin, IL 60124-7859 $14,450,000 Mar 2025 117,295 SF
2760 Spectrum, Elgin, IL 60124-7841 $24,450,000 Mar 2025 250,530 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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