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225 Corporate Dr; Elgin, IL Property Details

225 Corporate Dr, Elgin, IL is a Industrial (General) that was built in 2005. This property is currently a cash purchase and is not for sale. Our records show that 225 Corporate Dr has a total of 431,318 square feet. The lot size of 225 Corporate Dr is 902,212 square feet.

Off market
225 Corporate Dr Elgin, IL 60123
$21,161,000 Listing Price
431,318 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2005
  • Purchase Price: $36,460,000
  • APN: 03-34-421-043
  • Situs County: Kane
  • Length Of Ownership: 2 years, 2 months

Structure

  • Stories: 1

Measurements

  • Total: 431,318/SqFt
  • Lot: 902,212/SqFt
  • Gross: 431,318/SqFt
  • Living: 431,318/SqFt
  • Building: 431,318/SqFt
  • Ground: 431,318/SqFt
  • Price Per Square Foot: $84.53

Legal Description

  • Description: FOX RIVER BUSINESS CENTER II LT 7
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: 42.071175 / -88.2836
  • Subdivision: Fox River Business Center Ii
  • Property Class: Industrial
  • County Use Code: 0080

Ownership Info

225 Corporate Dr has no associated ownership info
225 Corporate Dr has no associated ownership info.

Taxes

225 Corporate Dr has 10 associated Taxes items

225 Corporate 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 $11,797,525. The APN we've located for 225 Corporate Dr is 03-34-421-043.

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Taxes
  • Assessed Value:  $11,797,525
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-34-421-043
  • Assessed Land Value:  1923396
  • Market Land Value:  5772497
  • Tax Amount:  883284
  • Tax Year:  2025
  • Market Value:  35406738
  • Market Year:  2025

Tax History

225 Corporate Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,797,525 Land Value $1,923,396 Improvement Value $9,874,129 Tax Amount $883,284 Change Rate Assessed CR Tax Rate +0.07487%
Year 2024 Assessed Value $9,696,102 Land Value $1,757,810 Improvement Value $7,938,292 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $8,724,224 Land Value $1,581,618 Improvement Value $7,142,606 Tax Amount $725,233.94 Change Rate -0.01638% Assessed CR Tax Rate +0.083129%
Year 2022 Assessed Value $8,724,224 Land Value $1,581,618 Improvement Value $7,142,606 Tax Amount $737,311.38 Change Rate +0.011669% Assessed CR Tax Rate +0.084513%
Year 2021 Assessed Value $8,237,394 Land Value $1,493,360 Improvement Value $6,744,034 Tax Amount $728,807.12 Change Rate -0.021222% Assessed CR Tax Rate +0.088475%
Year 2020 Assessed Value $8,328,924 Land Value $1,459,785 Improvement Value $6,869,139 Tax Amount $744,609.56 Change Rate +0.017479% Assessed CR Tax Rate +0.0894%
Year 2019 Assessed Value $7,906,706 Land Value $1,385,784 Improvement Value $6,520,922 Tax Amount $731,818.31 Change Rate +0.059555% Assessed CR Tax Rate +0.092557%
Year 2018 Assessed Value $7,231,139 Land Value $1,018,645 Improvement Value $6,212,494 Tax Amount $690,684.69 Change Rate -0.898421% Assessed CR Tax Rate +0.095515%
Year 2017 Assessed Value $6,764,395 Land Value $952,895 Improvement Value $5,811,500 Tax Amount $6,799,482.5 Change Rate +9.387113% Assessed CR Tax Rate +1.005187%
Year 2016 Assessed Value $6,136,754 Land Value $922,633 Improvement Value $5,214,121 Tax Amount $654,607.56 Change Rate Assessed CR Tax Rate +0.10667%
Year 2015 Assessed Value $5,750,332 Land Value $864,536 Improvement Value $4,885,796 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $5,318,702 Land Value $840,661 Improvement Value $4,478,041 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $4,515,284 Land Value $866,393 Improvement Value $3,648,891 Tax Amount Change Rate Assessed CR Tax Rate