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    Property profile & analytics

    440 Gilbert St South Elgin, IL 60177-1339

    • Industrial properties
    • 7,400 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 02, 2024
    Location Intelligence
    Property ID
    US28-2325514
    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

    • La Fox Screw Products Co / Machine Shop

    Property Details for 440 Gilbert St

    Year built
    1967
    Property size
    7,400 SF
    Property type
    Industrial properties
    APN
    06-35-201-035
    APU
    635201035

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.2904
    Latitude
    41.9983
    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
    $10,297
    $39,997
    $79,654
    $119,651
    -
    $119,991
    $238,962
    $358,953

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      S

      INDUSTRIAL (GENERAL) • 0.14 Acres
      S, Elgin, IL 60177
      View Details
    • Value Estimation by Request
      1.03 Acres

      7th Woodcliff Dr

      INDUSTRIAL (GENERAL) • 1.03 Acres
      7th Woodcliff Dr, South Elgin, IL 60177
      View Details
    • Value Estimation by Request
      84.38 Acres

      325 Umbdenstock Rd

      Land • 84.38 Acres
      325 Umbdenstock Rd, South Elgin, IL 60177
      View Details
    • Value Estimation by Request

      S

      INDUSTRIAL (GENERAL)
      S, Elgin, IL 60177
      View Details
    • Value Estimation by Request

      800 Bowes Rd

      INDUSTRIAL (GENERAL)
      800 Bowes Rd, South Elgin, IL 60177-1070
      View Details
    • Value Estimation by Request

      735 Schneider Dr

      INDUSTRIAL (GENERAL)
      735 Schneider Dr, South Elgin, IL 60177-2645
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Class A medical office building with strong tenancy.
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      Mixed-Use Strip Center Investment

      Well-maintained 4-unit strip center with income and upside.
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    Similar Nearby for Lease

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      15,000 SF

      South Elgin Industrial Space

      15,000 SF industrial space available for lease.
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      Retail Space on Randall Road

      Retail space available for lease in South Elgin, Illinois.
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    • $27 SF/Yr
      5,054 SF

      Retail Space on Randall Road

      Retail space with high visibility and national co-tenants.
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    • $20 SF/Yr
      32,154 SF

      Randall Road Retail Opportunity

      South Elgin, IL: Prime Retail Space Available
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    • Contact for pricing
      1,335 SF

      Retail Space on Randall Road

      Outlot retail space in a high-traffic shopping center.
      420 Randall Rd, South Elgin, IL 60177
      View Details
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    440 Gilbert St
    South Elgin, IL 60177-1339
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    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
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