Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    407 Railroad Ave Elburn, IL 60119

    • Commercial land
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 28, 2025
    $400,000
    Location Intelligence
    Property ID
    US28-2978968
    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

    • Commercial land

    Property Details for 407 Railroad Ave

    Property type
    Commercial land
    APN
    11-06-280-003
    APU
    1106280003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elburn
    County
    Kane
    State
    Illinois
    Longitude
    -88.4762
    Latitude
    41.891
    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
    $757
    $8,082
    $0.00
    $8,082
    -
    $24,246
    $0.00
    $24,246

    Comparable in this City

    • Value Estimation by Request

      Elburn, IL 60119

      VACANT COMMERCIAL LAND
      Elburn, IL 60119
      View Details
    • Value Estimation by Request

      Elburn, IL 60119

      VACANT COMMERCIAL LAND
      Elburn, IL 60119
      View Details
    • Value Estimation by Request

      300 Main St

      VACANT COMMERCIAL LAND
      300 Main St, Elburn, IL 60119-9426
      View Details
    • Value Estimation by Request
      4.69 Acres

      Elburn, IL 60119

      VACANT COMMERCIAL LAND • 4.69 Acres
      Elburn, IL 60119
      View Details
    • Value Estimation by Request

      308 Main St

      VACANT COMMERCIAL LAND
      308 Main St, Elburn, IL 60119-9164
      View Details
    • Value Estimation by Request

      Elburn, IL 60119

      VACANT COMMERCIAL LAND
      Elburn, IL 60119
      View Details

    Similar Nearby for Sale

    • $253,200
      0.75 Acres

      Elburn Retail Outlot: Build-to-Suit

      0.75-acre retail pad, prime location.
      800 Main St, Elburn, IL 60119
      View Details
    • $160,000
      1.90 Acres

      Elburn Buildable Estate Lot

      1.9-acre lot near downtown Elburn, build your dream home!
      42w613 Meadowsweet Dr, Elburn, IL 60119
      View Details
    • $775,000
      9.17 Acres

      Elburn Commercial Land - 9 Acres

      Prime Elburn commercial land, highway frontage.
      0 Il-47, Elburn, IL 60119
      View Details
    • New
      $1,650,000
      1.02 Acres

      Elburn Manufacturing Warehouse with Contracts

      Established CNC machinery shop with existing contracts and equipment.
      808 Hicks Dr, Elburn, IL 60119
      View Details
    • $460,000
      2,268 SF

      Elburn Office Building - Main Street

      Spacious Office, Prime Elburn Location
      313 Main St, Elburn, IL 60119
      View Details
    • $749,500
      3.31 Acres

      Vintage Farm Property Near Elburn

      Charming, renovated vintage farm on 3+ acres near Elburn.
      0N119 Dauberman Rd, Elburn, IL 60119
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      104,735 SF

      Elburn Retail Space Available

      Last remaining suite in thriving center
      800 Main St, Elburn, IL 60119
      View Details
    • $132 SF/Yr
      11,000 SF

      Elburn Industrial Warehouse Unit C

      Prime Elburn location; 4,000 SF warehouse space.
      800 North St, Elburn, IL 60119
      View Details
    • $12 SF/Yr
      9,590 SF

      Prairie Valley Center Office Suites

      Elburn, IL Office Space For Lease
      108 Valley Dr, Elburn, IL 60119
      View Details
    • $18 SF/Yr
      3,500 SF

      Retail Space in Elburn Center

      Last available retail unit in a neighborhood shopping center.
      830 N Main St, Elburn, IL 60119
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    407 Railroad Ave
    Elburn, IL 60119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.