Property Report for 1501 Commerce Dr, Elgin, IL 60123

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1501 Commerce Dr, Elgin, IL 60123
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Property Details
  • Property Address 1501 Commerce Dr, Elgin, IL 60123
  • County Kane
  • Parcel ID 03-34-303-009
  • Legal description LOT 24 NORTH ELGIN INDUSTRIAL RANGE CODE: 8 E TWSHP 42N
  • School district Community Unit School District 300
  • Acreage N/A
  • Property class Industrial
  • Zoning Subscribe
  • Square footage 9,510
  • Year built 1981
  • Bedrooms
  • Bathrooms

About the Property

1501 Commerce Dr is a industrial in the city of Elgin, IL 60123. Located in the Community Unit School District 300, which resides in Kane County, IL and built in 1981. This Industrial and features 9,510 sq ft of living space.

The most recent property tax for 1501 Commerce Dr was $30,617. This property was last sold on October 27, 2016 for $735,000.

Property Info

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Flood

Ownership

Land
  • Acres N/A
  • Square Feet N/A
Building
  • Units N/A
  • Year Built 1981
  • Effective Year Built N/A
  • Stories 2
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling Central
  • Heating N/A
Interior
  • Square Footage
  • Living Area 9,510
  • Total Rooms N/A
  • Bedrooms N/A
  • Total Bathrooms N/A
  • Full Bathrooms N/A
Your Property Report will also include the following information:

Elgin Residential Market Stats

Median Sale Price $352,000 +2.8% YoY
Median Price/sq ft. $192
Kane County Median Sale Price $352,000 +2.8% YoY

See more Real Estate Trends for Elgin including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 1501 Commerce Dr, Elgin

Tax Year Taxes Tax Assesed Value Exemptions
2024 $30,617 (+3.8%) $381,499 (+11.1%)

2023 $29,497 (-1.6%) $343,260

2022 $29,988 (+1.3%) $343,260 (+8.3%)

2021

2020

2019

2018

Access Full Tax & Assessment History for 1501 Commerce Dr, Elgin. View Tax Information

Sales History for 1501 Commerce Dr, Elgin

The most recent sale on 1501 Commerce Dr took place on Oct 07, 2016 and recorded on Oct 27, 2016 for $735,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale Date Recorded Date Buyer(s) Seller(s) Price Document ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
Address Distance SqFt Sale Date Price $/SqFt
13N055 COOMBS RD 4.26 mi 8,088 04/07/2025 $525,000 $65
970 ELIZABETH ST # 972 4.02 mi 8,064 11/15/2024 $550,000 $68
63 CENTER DR # 65 4.3 mi 8,406 09/30/2024 $650,000 $77
Active Mortgages and Equity Analysis
Date Recorded Position Original Amount Amortized Balance Loan Type Interest Rate Lender Lender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Automated Valuation Models (AVM)
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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.