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2450 Westfield Dr; Elgin, IL Property Details

2450 Westfield Dr, Elgin, IL is a Industrial (General) that was built in 1993. This property is currently Financed and is not for sale. Our records show that 2450 Westfield Dr has a total of 9,954 square feet. The lot size of 2450 Westfield Dr is 91,460 square feet.

Off market  •   Pre Foreclosure ✓
2450 Westfield Dr Elgin, IL 60124
$514,406 Estimated Value
9,954 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1993
  • Purchase Price: $26,500,000
  • Open Loans: 1
  • APN: 03-31-276-002
  • Situs County: Kane
  • Length Of Ownership: 14 years, 3 months

Structure

  • Stories: 1
  • Distressed: true

Measurements

  • Total: 9,954/SqFt
  • Lot: 91,460/SqFt
  • Gross: 9,954/SqFt
  • Living: 9,954/SqFt
  • Building: 9,954/SqFt
  • Ground: 9,954/SqFt
  • Price Per Square Foot: $2662.25

Legal Description

  • Description: LOT 7 WESTFIELD BUSINESS PARK 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: 42.076042 / -88.34302
  • Subdivision: Westfield Business Park
  • Property Class: Industrial
  • County Use Code: 0080

Amenities

  • Plus Four: 7836
  • Cooling: Central

Ownership Info

2450 Westfield Dr has no associated ownership info
2450 Westfield Dr has no associated ownership info.

Taxes

2450 Westfield Dr has 10 associated Taxes items

2450 Westfield 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 $514,406. The APN we've located for 2450 Westfield Dr is 03-31-276-002.

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Taxes
  • Assessed Value:  $514,406
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-31-276-002
  • Assessed Land Value:  357984
  • Market Land Value:  1074382
  • Tax Amount:  38513.72
  • Tax Year:  2025
  • Market Value:  1543836
  • Market Year:  2025

Tax History

2450 Westfield Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $514,406 Land Value $357,984 Improvement Value $156,422 Tax Amount $38,513.72 Change Rate Assessed CR Tax Rate +0.07487%
Year 2024 Assessed Value $470,121 Land Value $327,165 Improvement Value $142,956 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $422,999 Land Value $294,372 Improvement Value $128,627 Tax Amount $35,163.38 Change Rate -0.016381% Assessed CR Tax Rate +0.083129%
Year 2022 Assessed Value $422,999 Land Value $294,372 Improvement Value $128,627 Tax Amount $35,748.98 Change Rate +0.011671% Assessed CR Tax Rate +0.084513%
Year 2021 Assessed Value $399,394 Land Value $277,945 Improvement Value $121,449 Tax Amount $35,336.56 Change Rate +0.012416% Assessed CR Tax Rate +0.088475%
Year 2020 Assessed Value $390,414 Land Value $271,696 Improvement Value $118,718 Tax Amount $34,903.2 Change Rate +0.017478% Assessed CR Tax Rate +0.0894%
Year 2019 Assessed Value $370,623 Land Value $257,923 Improvement Value $112,700 Tax Amount $34,303.64 Change Rate -0.011403% Assessed CR Tax Rate +0.092557%
Year 2018 Assessed Value $363,285 Land Value $252,816 Improvement Value $110,469 Tax Amount $34,699.33 Change Rate -0.989842% Assessed CR Tax Rate +0.095515%
Year 2017 Assessed Value $339,837 Land Value $236,498 Improvement Value $103,339 Tax Amount $3,415,997.75 Change Rate +96.32431% Assessed CR Tax Rate +10.051871%
Year 2016 Assessed Value $329,044 Land Value $228,987 Improvement Value $100,057 Tax Amount $35,099.12 Change Rate Assessed CR Tax Rate +0.10667%
Year 2015 Assessed Value $313,669 Land Value $214,568 Improvement Value $99,101 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $305,007 Land Value $208,643 Improvement Value $96,364 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $314,343 Land Value $215,029 Improvement Value $99,314 Tax Amount Change Rate Assessed CR Tax Rate