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2770 Spectrum Dr; Elgin, IL Property Details

2770 Spectrum Dr, Elgin, IL is a Industrial (General) that was built in 2004. This property is currently a cash purchase and is not for sale. Our records show that 2770 Spectrum Dr has a total of 250,530 square feet.

Off market
2760 Spectrum Dr #2770 Elgin, IL 60124
$6,947,343 Estimated Value
250,530 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2004
  • Purchase Price: $24,450,000
  • APN: 03-19-326-033
  • Situs County: Kane
  • Length Of Ownership: 1 year, 1 months

Structure

  • Stories: 1

Measurements

  • Total: 250,530/SqFt
  • Gross: 250,530/SqFt
  • Living: 250,530/SqFt
  • Building: 250,530/SqFt
  • Ground: 250,530/SqFt
  • Price Per Square Foot: $97.59

Legal Description

  • Description: NORTHWEST BUSINESS PARK - LOTS 45 THRU 59 & THE W 33.39 FT OF LOT 60 & NORTHWEST BUSINESS PARK RESUB NO 1 - LOTS 103 & 104
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: 42.102287 / -88.34788
  • Subdivision: Northwest Business Park
  • Property Class: Industrial
  • County Use Code: 0080

Amenities

  • Plus Four: 7841

Ownership Info

2760 Spectrum Dr #2770 has no associated ownership info
2760 Spectrum Dr #2770 has no associated ownership info.

Taxes

2760 Spectrum Dr #2770 has 10 associated Taxes items

2770 Spectrum 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 $6,947,343. The APN we've located for 2770 Spectrum Dr is 03-19-326-033.

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Taxes
  • Assessed Value:  $6,947,343
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-19-326-033
  • Assessed Land Value:  1285083
  • Market Land Value:  3856792
  • Tax Amount:  520149.52
  • Tax Year:  2025
  • Market Value:  20850369
  • Market Year:  2025

Tax History

2760 Spectrum Dr #2770 has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,947,343 Land Value $1,285,083 Improvement Value $5,662,260 Tax Amount $520,149.53 Change Rate Assessed CR Tax Rate +0.07487%
Year 2024 Assessed Value $6,462,645 Land Value $1,174,450 Improvement Value $5,288,195 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $6,011,763 Land Value $1,056,730 Improvement Value $4,955,033 Tax Amount $499,750.41 Change Rate +0.129021% Assessed CR Tax Rate +0.083129%
Year 2022 Assessed Value $5,237,535 Land Value $1,056,730 Improvement Value $4,180,805 Tax Amount $442,640.41 Change Rate +0.011669% Assessed CR Tax Rate +0.084513%
Year 2021 Assessed Value $4,945,269 Land Value $997,762 Improvement Value $3,947,507 Tax Amount $437,534.91 Change Rate +0.012415% Assessed CR Tax Rate +0.088475%
Year 2020 Assessed Value $4,834,085 Land Value $975,329 Improvement Value $3,858,756 Tax Amount $432,169.38 Change Rate -0.008311% Assessed CR Tax Rate +0.0894%
Year 2019 Assessed Value $4,708,371 Land Value $925,887 Improvement Value $3,782,484 Tax Amount $435,791.09 Change Rate +0.150407% Assessed CR Tax Rate +0.092557%
Year 2018 Assessed Value $3,924,578 Land Value $725,133 Improvement Value $3,199,445 Tax Amount $378,814.78 Change Rate -0.899504% Assessed CR Tax Rate +0.096524%
Year 2017 Assessed Value $3,750,000 Land Value $678,328 Improvement Value $3,071,672 Tax Amount $3,769,451.5 Change Rate +9.031486% Assessed CR Tax Rate +1.005187%
Year 2016 Assessed Value $3,522,659 Land Value $656,785 Improvement Value $2,865,874 Tax Amount $375,762.03 Change Rate Assessed CR Tax Rate +0.10667%
Year 2015 Assessed Value $3,423,568 Land Value $615,428 Improvement Value $2,808,140 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $3,004,502 Land Value $598,433 Improvement Value $2,406,069 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $3,096,468 Land Value $616,751 Improvement Value $2,479,717 Tax Amount Change Rate Assessed CR Tax Rate