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550 Tollgate Rd; Elgin, IL Property Details

550 Tollgate Rd, Elgin, IL is a Industrial (General). This property is currently a cash purchase and is not for sale. The lot size of 550 Tollgate Rd is 169,013 square feet.

Off market
550 Tollgate Rd Elgin, IL 60123
$2,561,999 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Purchase Price: $841,500
  • APN: 03-34-303-014
  • Situs County: Kane
  • Length Of Ownership: 8 years

Measurements

  • Lot: 169,013/SqFt

Legal Description

  • Description: LOT 34 OF NORTH ELGIN INDUSTRIAL PLAZA, EX THAT PART DESC IN DOC 2001K066481, 7/6/01
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: 42.071575 / -88.292015
  • Subdivision: North Elgin Industrial Plaza Ex
  • Property Class: Industrial
  • County Use Code: 0080

Amenities

  • Plus Four: 9315

Ownership Info

550 Tollgate Rd has no associated ownership info
550 Tollgate Rd has no associated ownership info.

Taxes

550 Tollgate Rd has 10 associated Taxes items

550 Tollgate Rd, 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 $2,561,999. The APN we've located for 550 Tollgate Rd is 03-34-303-014.

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Taxes
  • Assessed Value:  $2,561,999
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-34-303-014
  • Assessed Land Value:  397799
  • Market Land Value:  1193875
  • Tax Amount:  198144.04
  • Tax Year:  2025
  • Market Value:  7689073
  • Market Year:  2025

Tax History

550 Tollgate Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,561,999 Land Value $397,799 Improvement Value $2,164,200 Tax Amount $198,144.05 Change Rate Assessed CR Tax Rate +0.07734%
Year 2024 Assessed Value $2,341,435 Land Value $363,552 Improvement Value $1,977,883 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $2,106,744 Land Value $327,112 Improvement Value $1,779,632 Tax Amount $181,034.92 Change Rate -0.016376% Assessed CR Tax Rate +0.085931%
Year 2022 Assessed Value $2,106,744 Land Value $327,112 Improvement Value $1,779,632 Tax Amount $184,048.98 Change Rate +0.013262% Assessed CR Tax Rate +0.087362%
Year 2021 Assessed Value $1,989,183 Land Value $308,858 Improvement Value $1,680,325 Tax Amount $181,640.06 Change Rate +0.011608% Assessed CR Tax Rate +0.091314%
Year 2020 Assessed Value $1,944,460 Land Value $301,914 Improvement Value $1,642,546 Tax Amount $179,555.81 Change Rate +5.576221% Assessed CR Tax Rate +0.092342%
Year 2019 Assessed Value $286,609 Land Value $286,609 Improvement Value Tax Amount $27,303.8 Change Rate +331.7297% Assessed CR Tax Rate +0.095265%
Year 2018 Assessed Value $822 Land Value $822 Improvement Value Tax Amount $82.06 Change Rate -0.988976% Assessed CR Tax Rate +0.09983%
Year 2017 Assessed Value $720 Land Value $720 Improvement Value Tax Amount $7,443.59 Change Rate +107.113144% Assessed CR Tax Rate +10.338319%
Year 2016 Assessed Value $628 Land Value $628 Improvement Value Tax Amount $68.85 Change Rate Assessed CR Tax Rate +0.109634%
Year 2015 Assessed Value $545 Land Value $545 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $486 Land Value $486 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $442 Land Value $442 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate