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1125 Gasket Dr; Elgin, IL Property Details

1125 Gasket Dr, Elgin, IL is a Industrial (General) that was built in 1992. This property is currently a cash purchase and is not for sale. Our records show that 1125 Gasket Dr has a total of 462,984 square feet. The lot size of 1125 Gasket Dr is 827,640 square feet.

Off market
1717 Gifford Rd Elgin, IL 60120
$3,157,889 Estimated Value
462,984 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1992
  • Purchase Price: $24,850,000
  • Open Loans: 2
  • APN: 06-31-202-001-0000
  • Situs County: Cook
  • Length Of Ownership: 4 months

Measurements

  • Total: 462,984/SqFt
  • Lot: 827,640/SqFt
  • Gross: 462,984/SqFt
  • Living: 462,984/SqFt
  • Building: 462,984/SqFt
  • Price Per Square Foot: $53.67

Legal Description

  • Description: (ELGIN)(VICTOR) INDUSTRIAL PARK (UNIT1) SUB PT OF SEC 32-41-09
Building Insights

Land Information

  • Property Type: Industrial (General)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 41.99576 / -88.2463
  • Subdivision: Elgin Victor Industrial Park Unit1
  • Property Class: Industrial
  • County Use Code: 6-63A

Amenities

  • Plus Four: 7534

Ownership Info

1717 Gifford Rd has no associated ownership info
1717 Gifford Rd has no associated ownership info.

Taxes

1717 Gifford Rd has 10 associated Taxes items

1125 Gasket Dr, Elgin, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $3,157,889. The APN we've located for 1125 Gasket Dr is 06-31-202-001-0000.

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Taxes
  • Assessed Value:  $3,157,889
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-31-202-001-0000
  • Assessed Land Value:  434511
  • Market Land Value:  2896740
  • Tax Amount:  442713
  • Tax Year:  2023
  • Market Value:  21052593
  • Market Year:  2025

Tax History

1717 Gifford Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,157,889 Land Value $434,511 Improvement Value $2,723,378 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,488,273 Land Value $289,674 Improvement Value $1,198,599 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $442,713 Change Rate +0.026345% Assessed CR Tax Rate
Year 2022 Assessed Value $1,488,164 Land Value $289,674 Improvement Value $1,198,490 Tax Amount $431,348.91 Change Rate -0.056117% Assessed CR Tax Rate +0.289853%
Year 2021 Assessed Value $1,287,273 Land Value $289,674 Improvement Value $997,599 Tax Amount $456,993.84 Change Rate +0.004162% Assessed CR Tax Rate +0.355009%
Year 2020 Assessed Value $1,287,256 Land Value $289,674 Improvement Value $997,582 Tax Amount $455,099.72 Change Rate +0.11559% Assessed CR Tax Rate +0.353543%
Year 2019 Assessed Value $1,287,256 Land Value $289,674 Improvement Value $997,582 Tax Amount $407,945.38 Change Rate +0.331352% Assessed CR Tax Rate +0.316911%
Year 2018 Assessed Value $874,871 Land Value $186,219 Improvement Value $688,652 Tax Amount $306,414.38 Change Rate +0.001918% Assessed CR Tax Rate +0.350239%
Year 2017 Assessed Value $874,871 Land Value $186,219 Improvement Value $688,652 Tax Amount $305,827.72 Change Rate +0.164419% Assessed CR Tax Rate +0.349569%
Year 2016 Assessed Value $798,146 Land Value $186,219 Improvement Value $611,927 Tax Amount $262,644.03 Change Rate +0.298366% Assessed CR Tax Rate +0.329068%
Year 2015 Assessed Value $559,536 Land Value $103,455 Improvement Value $456,081 Tax Amount $202,288.17 Change Rate -0.360104% Assessed CR Tax Rate +0.361528%
Year 2014 Assessed Value $901,158 Land Value $258,637 Improvement Value $642,521 Tax Amount $316,126.78 Change Rate -0.526904% Assessed CR Tax Rate +0.350801%
Year 2013 Assessed Value $1,970,698 Land Value $258,637 Improvement Value $1,712,061 Tax Amount $668,207.88 Change Rate Assessed CR Tax Rate +0.339072%