Realmo Analytics

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Property profile

85 Market St Elgin, IL 60123

OFF-MARKET
Commercial real estate
Property ID
US28-1976965
6,326 SF Built 1977
Last sale May 2026 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 6,326 square foot office building, situated on a half-acre lot at 85 Market Street in Elgin, IL, presents a unique investment opportunity. Previously occupied by the prominent law firm of Brittain & Ketcham, this well-established building boasts a prime location in a bustling commercial area on Elgin's West Side. The property features a secure air-lock entry system, ensuring the safety and privacy of tenants and visitors. Public restrooms are conveniently located for shared…

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?
$16k
Tax billed · 2022
Assessed value$189k
Assessed land$39k
Assessed improvement$151k
Effective rate8.67%

Value estimate

· Oct 2026
$355k
$320k – $391k
Submarket $/SF estimate$727k

Realmo valuation models over county records and 11 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 comparables11

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.1
Skin Care Clinic11.1
Electrical Service10.3

Location

85 Market St Elgin, IL 60123-5083
County assessor Recorded deeds · 3 transfers 11 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
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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