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    Property profile & analytics

    Elgin, IL 60124

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 12, 2021
    $51,061,500
    Location Intelligence
    Property ID
    US28-4236962
    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

    • Industrial properties

    Property Details

    Property type
    Industrial properties
    APN
    03-30-376-001
    APU
    330376001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3476
    Latitude
    42.0847
    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
    2023
    $1,011,299
    $2,499,223
    $9,666,227
    $12,165,450
    -
    $7,497,669
    $28,998,681
    $36,496,350

    Comparable in this City

    • Value Estimation by Request
      20.33 Acres

      Elgin, IL 60124

      INDUSTRIAL (GENERAL) • 20.33 Acres
      Elgin, IL 60124
      View Details
    • Value Estimation by Request
      307,150 SF

      2200 Galvin Dr

      INDUSTRIAL (GENERAL) • 307,150 SF
      2200 Galvin Dr, Elgin, IL 60124-7834
      View Details
    • Value Estimation by Request

      Elgin, IL 60124

      INDUSTRIAL (GENERAL)
      Elgin, IL 60124
      View Details
    • Value Estimation by Request

      2661 Galvin Ct

      INDUSTRIAL (GENERAL)
      2661 Galvin Ct, Elgin, IL 60124-8092
      View Details
    • Value Estimation by Request
      342,700 SF

      2400 Galvin Dr, Unit 2430

      INDUSTRIAL (GENERAL) • 342,700 SF
      2400 Galvin Dr, Elgin, IL 60124-7883
      View Details
    • Value Estimation by Request

      1395 Gtwy Dr

      INDUSTRIAL (GENERAL)
      1395 Gtwy Dr, Elgin, IL 60124-7866
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      301,876 SF

      New Class A Business Park

      Brand new business park near I-90 and Randall Road.
      2563 Mason Rd, Elgin, IL 60124
      View Details
    • $9,134,532
      20.97 Acres

      Elgin Industrial Land: 20.97 Acres

      Prime Elgin industrial land, ideal for development.
      0 Swc Big Timber & Madeline, Elgin, IL 60124
      View Details
    • Contact for pricing
      301,876 SF

      Class A Warehouse: Elgin, IL

      Modern warehouse, 301,876 SF, 20 acres.
      2563 Mason Rd, Elgin, IL 60124
      View Details
    • $12,985,000
      86,840 SF

      Elgin Warehouse: Prime Industrial Space

      86,840 SF Warehouse, $12.9M, I-90 Access
      2760 Alft Ln, Elgin, IL 60124
      View Details
    • $425,000
      2,921 SF

      Elgin Industrial/Office Condo For Sale

      2,921 SF industrial/office condo with drive-in door and high ceilings.
      2585 Millennium Dr, Elgin, IL 60124
      View Details
    • $12,985,000
      86,840 SF

      New Industrial Building Near I-90

      New 86,840 SF industrial building in a business park.
      2760 Alft Ln, Elgin, IL 60124
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      117,295 SF

      Elgin Distribution Space Available

      High-efficiency distribution space in a business park setting.
      2800-2880 Galvin Dr, Elgin, IL 60124
      View Details
    • Contact for pricing

      New Industrial Building Available

      New 320,946 SF industrial building with 168,932 SF for lease.
      1700 Madeline Ln, Elgin, IL 60124
      View Details
    • Contact for pricing
      110,298 SF

      Elgin Distribution Space Available

      High-efficiency distribution space with convenient access to I-90.
      2500-2530 Vantage Dr, Elgin, IL 60124
      View Details
    • Contact for pricing
      2,390 SF

      Elgin Warehouse with Loading Dock

      Warehouse space with shared loading dock and high-speed internet.
      2541 Technology Dr, Elgin, IL 60124
      View Details
    • Contact for pricing
      250,822 SF

      Elgin Distribution Space Available

      145,836 SF distribution space with office/showroom in Elgin, IL.
      2450-2500 Northwest Pkwy, Elgin, IL 60124
      View Details
    • Contact for pricing
      97,016 SF

      New Class A Business Park

      New business park near I-90, available for lease or purchase.
      2801 Alft Ln, Elgin, IL 60124
      View Details
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    Elgin, IL 60124
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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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