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1370 Gateway Dr; Elgin, IL Property Details

1370 Gateway Dr, Elgin, IL is a Industrial (General) that was built in 2001. This property is currently a cash purchase and is not for sale. Our records show that 1370 Gateway Dr has a total of 42,336 square feet. The lot size of 1370 Gateway Dr is 103,673 square feet.

Off market
1370 Gateway Dr Elgin, IL 60124
$1,384,048 Estimated Value
42,336 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 2001
  • Purchase Price: $3,250,000
  • Open Loans / Balance: 1 / $9,160,010
  • APN: 06-05-274-011
  • Situs County: Kane
  • Length Of Ownership: 6 years, 5 months

Measurements

  • Total: 42,336/SqFt
  • Lot: 103,673/SqFt
  • Gross: 42,336/SqFt
  • Living: 42,336/SqFt
  • Building: 42,336/SqFt
  • Price Per Square Foot: $76.77

Legal Description

  • Description: ELGIN CORPORATE CENTER UNIT 3 RESUB 1 LOT 3
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: 42.06669 / -88.34408
  • Subdivision: Elgin Corporate Center
  • Property Class: Industrial
  • County Use Code: 0080

Amenities

  • Plus Four: 7806

Ownership Info

1370 Gateway Dr has no associated ownership info
1370 Gateway Dr has no associated ownership info.

Taxes

1370 Gateway Dr has 10 associated Taxes items

1370 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 $1,384,048. The APN we've located for 1370 Gateway Dr is 06-05-274-011.

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Taxes
  • Assessed Value:  $1,384,048
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-05-274-011
  • Assessed Land Value:  316638
  • Market Land Value:  950294
  • Tax Amount:  105590
  • Tax Year:  2025
  • Market Value:  4153806
  • Market Year:  2025

Tax History

1370 Gateway Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,384,048 Land Value $316,638 Improvement Value $1,067,410 Tax Amount $105,590 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $1,274,798 Land Value $291,644 Improvement Value $983,154 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $1,151,683 Land Value $263,478 Improvement Value $888,205 Tax Amount $98,175.46 Change Rate +0.078158% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $1,050,135 Land Value $240,246 Improvement Value $809,889 Tax Amount $91,058.52 Change Rate +0.039558% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $981,802 Land Value $224,613 Improvement Value $757,189 Tax Amount $87,593.48 Change Rate +0.000815% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $959,636 Land Value $214,428 Improvement Value $745,208 Tax Amount $87,522.18 Change Rate +0.028213% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $914,113 Land Value $204,256 Improvement Value $709,857 Tax Amount $85,120.64 Change Rate -0.014629% Assessed CR Tax Rate +0.093118%
Year 2018 Assessed Value $861,152 Land Value $192,422 Improvement Value $668,730 Tax Amount $86,384.35 Change Rate -0.99017% Assessed CR Tax Rate +0.100313%
Year 2017 Assessed Value $856,944 Land Value $191,482 Improvement Value $665,462 Tax Amount $8,788,068 Change Rate +92.04355% Assessed CR Tax Rate +10.255125%
Year 2016 Assessed Value $888,283 Land Value $198,485 Improvement Value $689,798 Tax Amount $94,451.13 Change Rate Assessed CR Tax Rate +0.10633%
Year 2015 Assessed Value $814,191 Land Value $181,929 Improvement Value $632,262 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $602,598 Land Value $132,125 Improvement Value $470,473 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $618,493 Land Value $135,610 Improvement Value $482,883 Tax Amount Change Rate Assessed CR Tax Rate