Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

400 Riv Rdg Dr Elgin, IL 60123

OFF-MARKET
Commercial real estate
Property ID
US28-0482091
8,740 SF Built 1980
Last sale Dec 2025 · $850,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 14,900-square-foot executive office building in Elgin, Illinois, presents a unique investment opportunity. Situated on a 0.867-acre lot at 400 River Ridge Dr, this two-story, 1978-built brick and steel structure boasts 48 parking spaces and offers unparalleled convenience with quick access to I-90 and IL-31. The main building, designed for optimal productivity, features high-end finishes including high-end cabinetry, French doors, two large conference rooms, an executive…

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.

Debts

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?
$19k
Tax billed · 2022
Assessed value$226k
Assessed land$70k
Assessed improvement$156k
Effective rate8.58%

Value estimate

· Oct 2026
$365k
$329k – $402k
Submarket $/SF estimate$867k

Realmo valuation models over county records and 7 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 comparables7

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.2
Parking Facility10.1
Auto Parts Store9.3

Location

400 Riv Rdg Dr Elgin, IL 60123-9370
County assessor Recorded deeds · 6 transfers 7 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
1725 Larkin, Elgin, IL 60123-5946 $945,000 Dec 2025 2,806 SF
1070 Larkin, Elgin, IL 60123-5295 $485,000 Oct 2025 5,440 SF
2290 Pt, Elgin, IL 60123-7862 $1,220,000 Jan 2025 9,360 SF
2375 Bowes, Elgin, IL 60123-8500 $540,000 Dec 2024 2,945 SF
2000 Big Timber, Elgin, IL 60123-1121 $1,000,000 Nov 2024 10,506 SF
1719 State, Elgin, IL 60123-1483 $80,000 Nov 2024 7,326 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Riv Rdg Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again