Property profile

460 Briargate Dr 500 South Elgin, IL 60177

FOR SALE
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US28-1874444
1,016 SF 0.1 ac Built 2004
Last sale Nov 2015·$168,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Class A executive office suite, located at 460 Briargate Dr, Suite 500, in South Elgin, Illinois, presents a unique owner-user investment opportunity. The 2,763 square foot space, built in 2004, is part of the Thornwood Professional Center, a B-2 Community Business District zoned property. This two-unit condominium allows for dual occupancy; the buyer can occupy Suite 500 while maintaining the existing lease on Suite 400, providing immediate income potential. The suite…

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value$54k
Assessed land$17k
Assessed improvement$37k
Effective rate8.74%

Value estimate

· Nov 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$378k
Vacancy & credit loss−$94k
Operating expenses−$71k
NOI$213k

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$198/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$102 – $311
Qualifying comparables30

Cap rate analysis

How does the asset earn?
$213k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.0
Realty agency10.3
Auto Repair Shop10.3

Location

460 Briargate Dr, Unit 500 South Elgin, IL 60177
County assessor Recorded deeds · 5 transfers 30 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
210 La Fox, South Elgin, IL 60177-1614 $380,000 Jul 2025 2,117 SF
480 Briargate, South Elgin, IL 60177-2225 $350,000 Nov 2024 1,671 SF
1497 La Fox, South Elgin, IL 60177-1227 $345,000 Jul 2024 2,362 SF
304 Ml, South Elgin, IL 60177-1735 $390,000 Apr 2024 1,734 SF
45 Woodbury, South Elgin, IL 60177-1327 $335,000 Mar 2024 1,127 SF
65 Woodbury, South Elgin, IL 60177-1327 $335,000 Mar 2024 1,298 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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