Taxes
- Assessed Value: $910,435
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-05-427-002
- Assessed Land Value: 231982
- Market Land Value: 696224
- Tax Amount: 69457.72
- Tax Year: 2025
- Market Value: 2732398
- Market Year: 2025
1225 Gateway Dr; Elgin, IL Property Details
Off market
1225 Gateway Dr Elgin, IL 60124
$910,435 Estimated Value
28,004 SqFt
Property Type
Industrial (General)Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2002
- Purchase Price: $520,500
- APN: 06-05-427-002
- Situs County: Kane
- Length Of Ownership: 24 years, 8 months
Measurements
- Total: 28,004/SqFt
- Lot: 109,336/SqFt
- Gross: 28,004/SqFt
- Living: 28,004/SqFt
- Building: 28,004/SqFt
- Price Per Square Foot: $18.59
Legal Description
- Description: IHC GROUP SUBDIVISION LOT 1
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: 42.064404 / -88.342514
- Subdivision: Ihc Group Sub
- Property Class: Industrial
- County Use Code: 0080
Amenities
- Plus Four: 7856
Ownership Info
1225 Gateway Dr has no associated ownership info
1225 Gateway Dr has no associated ownership info.
Taxes
1225 Gateway Dr has 10 associated Taxes items
1225 Gateway Dr, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $910,435. The APN we've located for 1225 Gateway Dr is 06-05-427-002.
Unlock the full reportTax History
1225 Gateway Dr has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $910,435 | Land Value $231,982 | Improvement Value $678,453 | Tax Amount $69,457.72 | Change Rate | Assessed CR | Tax Rate +0.076291% |
| Year 2024 | Assessed Value $838,569 | Land Value $213,670 | Improvement Value $624,899 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $757,584 | Land Value $193,035 | Improvement Value $564,549 | Tax Amount $64,580.4 | Change Rate +0.078158% | Assessed CR | Tax Rate +0.085245% |
| Year 2022 | Assessed Value $690,785 | Land Value $176,014 | Improvement Value $514,771 | Tax Amount $59,898.84 | Change Rate +0.039558% | Assessed CR | Tax Rate +0.086711% |
| Year 2021 | Assessed Value $645,835 | Land Value $164,561 | Improvement Value $481,274 | Tax Amount $57,619.5 | Change Rate +0.024685% | Assessed CR | Tax Rate +0.089217% |
| Year 2020 | Assessed Value $616,549 | Land Value $157,099 | Improvement Value $459,450 | Tax Amount $56,231.44 | Change Rate -0.002753% | Assessed CR | Tax Rate +0.091204% |
| Year 2019 | Assessed Value $605,538 | Land Value $149,647 | Improvement Value $455,891 | Tax Amount $56,386.66 | Change Rate -0.01463% | Assessed CR | Tax Rate +0.093118% |
| Year 2018 | Assessed Value $570,455 | Land Value $140,977 | Improvement Value $429,478 | Tax Amount $57,223.82 | Change Rate -0.99017% | Assessed CR | Tax Rate +0.100313% |
| Year 2017 | Assessed Value $567,668 | Land Value $140,288 | Improvement Value $427,380 | Tax Amount $5,821,506.5 | Change Rate +92.04371% | Assessed CR | Tax Rate +10.255125% |
| Year 2016 | Assessed Value $588,427 | Land Value $145,418 | Improvement Value $443,009 | Tax Amount $62,567.44 | Change Rate | Assessed CR | Tax Rate +0.10633% |
| Year 2015 | Assessed Value $539,347 | Land Value $133,289 | Improvement Value $406,058 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $466,288 | Land Value $141,497 | Improvement Value $324,791 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $478,587 | Land Value $145,229 | Improvement Value $333,358 | Tax Amount | Change Rate | Assessed CR | Tax Rate |