Financial
Distress signals
Property profile

740 Tollgate Rd Elgin, IL 60123

OFF-MARKET
Other industrial properties
Property ID
US28-0054433
43,502 SF Built 1980
Last sale Oct 2004 · $1,335,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 740 Tollgate Rd in Elgin, Illinois consists of a 32,930 SF flex space building with 3,596 SF of office area integrated into the overall industrial-oriented facility, supporting a mix of office and industrial uses. The site includes parking for cars and/or trailers. Vehicular access is provided directly from a four-way interchange connecting I-90 with Route 31. The property is located in Kane County, where county taxes apply, and the building is suitable for sale or lease.

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?
$56k
Tax billed · 2022
Assessed value$637k
Assessed land$160k
Assessed improvement$477k
Effective rate8.74%

Value estimate

· Sep 2026
$610k
$549k – $671k
Submarket $/SF estimate$1.10M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$74/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$59 – $92
Qualifying comparables9

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.0
Spa & Massage9.4
Auto Parts Store9.3

Location

740 Tollgate Rd Elgin, IL 60123-9369
County assessor Recorded deeds · 5 transfers 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1215 Bowes, Elgin, IL 60123-5542 $4,500,000 Mar 2026 49,000 SF
617 State, Elgin, IL 60123-2851 $1,125,000 Jan 2026 29,338 SF
1575 Holmes, Elgin, IL 60123-1205 $2,600,000 Jul 2025 48,279 SF
1575 Executive, Elgin, IL 60123-9363 $3,250,000 Jul 2025 31,050 SF
1575 Highpoint, Elgin, IL 60123-9303 $7,475,000 Mar 2024 72,000 SF
1590 Todd Farm, Elgin, IL 60123-1287 $3,087,500 Mar 2024 55,780 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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