Taxes
- Assessed Value: $417,436
- Assessed Year: 2025
- Assessed County: Kane
- APN: 03-34-303-009
- Assessed Land Value: 88521
- Market Land Value: 265669
- Tax Amount: 32284.34
- Tax Year: 2025
- Market Value: 1252809
- Market Year: 2025
1501 Commerce Dr; Elgin, IL Property Details
Off market
1501 Commerce Dr Elgin, IL 60123
$417,436 Estimated Value
11,724 SqFt
Property Type
Industrial (General)Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1981
- Purchase Price: $735,000
- APN: 03-34-303-009
- Situs County: Kane
- Length Of Ownership: 9 years, 8 months
Structure
- Stories: 2
Measurements
- Total: 11,724/SqFt
- Lot: 39,709/SqFt
- Gross: 11,724/SqFt
- Living: 9,510/SqFt
- Basement: 2,214/SqFt
- Building: 11,724/SqFt
- Ground: 7,296/SqFt
- Price Per Square Foot: $62.69
Legal Description
- Description: LOT 24 NORTH ELGIN INDUSTRIAL RANGE CODE: 8 E TWSHP 42N
Building Insights
Land Information
- Property Type: Industrial (General)
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Community Unit School District 300
- Lat / Lon: 42.071285 / -88.29477
- Subdivision: North Elgin Industrial
- Property Class: Industrial
- County Use Code: 0080
Amenities
- Plus Four: 9304
- Cooling: Central
Ownership Info
1501 Commerce Dr has no associated ownership info
1501 Commerce Dr has no associated ownership info.
Taxes
1501 Commerce Dr has 10 associated Taxes items
1501 Commerce 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 $417,436. The APN we've located for 1501 Commerce Dr is 03-34-303-009.
Unlock the full reportTax History
1501 Commerce 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 $417,436 | Land Value $88,521 | Improvement Value $328,915 | Tax Amount $32,284.34 | Change Rate | Assessed CR | Tax Rate +0.07734% |
| Year 2024 | Assessed Value $381,499 | Land Value $80,900 | Improvement Value $300,599 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $343,260 | Land Value $72,791 | Improvement Value $270,469 | Tax Amount $29,496.72 | Change Rate -0.016377% | Assessed CR | Tax Rate +0.085931% |
| Year 2022 | Assessed Value $343,260 | Land Value $72,791 | Improvement Value $270,469 | Tax Amount $29,987.82 | Change Rate +0.013263% | Assessed CR | Tax Rate +0.087362% |
| Year 2021 | Assessed Value $324,105 | Land Value $68,729 | Improvement Value $255,376 | Tax Amount $29,595.3 | Change Rate +0.011608% | Assessed CR | Tax Rate +0.091314% |
| Year 2020 | Assessed Value $316,818 | Land Value $67,184 | Improvement Value $249,634 | Tax Amount $29,255.7 | Change Rate +0.021084% | Assessed CR | Tax Rate +0.092342% |
| Year 2019 | Assessed Value $300,757 | Land Value $63,778 | Improvement Value $236,979 | Tax Amount $28,651.62 | Change Rate +0.060813% | Assessed CR | Tax Rate +0.095265% |
| Year 2018 | Assessed Value $274,842 | Land Value $62,515 | Improvement Value $212,327 | Tax Amount $27,009.11 | Change Rate -0.989839% | Assessed CR | Tax Rate +0.098271% |
| Year 2017 | Assessed Value $257,102 | Land Value $58,480 | Improvement Value $198,622 | Tax Amount $2,658,001.5 | Change Rate +96.39494% | Assessed CR | Tax Rate +10.338315% |
| Year 2016 | Assessed Value $248,937 | Land Value $56,623 | Improvement Value $192,314 | Tax Amount $27,290.96 | Change Rate | Assessed CR | Tax Rate +0.10963% |
| Year 2015 | Assessed Value $233,262 | Land Value $53,058 | Improvement Value $180,204 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $226,821 | Land Value $51,593 | Improvement Value $175,228 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $233,764 | Land Value $53,172 | Improvement Value $180,592 | Tax Amount | Change Rate | Assessed CR | Tax Rate |