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2505 Millennium Dr; Elgin, IL Property Details

2505 Millennium Dr, Elgin, IL is a Industrial (General) that was built in 2007. This property is currently a cash purchase and is not for sale. Our records show that 2505 Millennium Dr has a total of 146,694 square feet. The lot size of 2505 Millennium Dr is 446,490 square feet.

Off market
2505 Millennium Dr Elgin, IL 60124
$4,020,016 Estimated Value
146,694 SqFt
Property Type
Industrial (General)
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 2007
  • Purchase Price: $2,000,000
  • APN: 06-05-428-008
  • Situs County: Kane
  • Length Of Ownership: 23 years

Structure

  • Stories: 2

Measurements

  • Total: 146,694/SqFt
  • Lot: 446,490/SqFt
  • Gross: 146,694/SqFt
  • Living: 146,694/SqFt
  • Building: 146,694/SqFt
  • Price Per Square Foot: $13.63

Legal Description

  • Description: ELGIN CORPORATE CENTER - UNIT NO 5 RESUB NO 2 (RESUB OF LOT 1 ELGIN CORPORATE CENTER UNIT NO 5 LOT 2
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: 42.062523 / -88.34503
  • Subdivision: Elgin Corporate Center
  • Property Class: Industrial
  • County Use Code: 0080

Amenities

  • Plus Four: 7815

Ownership Info

2505 Millennium Dr has no associated ownership info
2505 Millennium Dr has no associated ownership info.

Taxes

2505 Millennium Dr has 10 associated Taxes items

2505 Millennium 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 $4,020,016. The APN we've located for 2505 Millennium Dr is 06-05-428-008.

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Taxes
  • Assessed Value:  $4,020,016
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-05-428-008
  • Assessed Land Value:  1043791
  • Market Land Value:  3132626
  • Tax Amount:  306689.84
  • Tax Year:  2025
  • Market Value:  12064874
  • Market Year:  2025

Tax History

2505 Millennium Dr has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,020,016 Land Value $1,043,791 Improvement Value $2,976,225 Tax Amount $306,689.84 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $3,702,695 Land Value $961,399 Improvement Value $2,741,296 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $3,428,584 Land Value $868,551 Improvement Value $2,560,033 Tax Amount $292,270.34 Change Rate +0.01964% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $3,305,692 Land Value $791,968 Improvement Value $2,513,724 Tax Amount $286,640.69 Change Rate -0.000446% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $3,214,279 Land Value $740,434 Improvement Value $2,473,845 Tax Amount $286,768.47 Change Rate -0.015207% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $3,192,823 Land Value $706,858 Improvement Value $2,485,965 Tax Amount $291,196.69 Change Rate +0.028213% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $3,041,363 Land Value $673,326 Improvement Value $2,368,037 Tax Amount $283,206.53 Change Rate -0.045794% Assessed CR Tax Rate +0.093118%
Year 2018 Assessed Value $2,900,000 Land Value $501,953 Improvement Value $2,398,047 Tax Amount $296,798 Change Rate -0.903552% Assessed CR Tax Rate +0.102344%
Year 2017 Assessed Value $3,000,730 Land Value $499,500 Improvement Value $2,501,230 Tax Amount $3,077,286 Change Rate +8.304362% Assessed CR Tax Rate +1.025512%
Year 2016 Assessed Value $3,110,466 Land Value $517,767 Improvement Value $2,592,699 Tax Amount $330,735.84 Change Rate Assessed CR Tax Rate +0.10633%
Year 2015 Assessed Value $2,851,023 Land Value $474,580 Improvement Value $2,376,443 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $2,294,675 Land Value $399,902 Improvement Value $1,894,773 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $2,355,204 Land Value $410,451 Improvement Value $1,944,753 Tax Amount Change Rate Assessed CR Tax Rate
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