1201 Gateway Dr, Elgin, IL 60124 Property Records

Kane County property record for 1201 Gateway Dr, Elgin, IL 60124

Property Summary

Property Type	General Industrial
Details	28,500 sqft · built 2002
Lot Size	1.46 acres (64,033 sqft)
Owner	Company Name on Record
Last Sale	$1,800,000 (Jan 2018)
Tax Bill	$70,952 (2025)
Deeds & Mortgages	Jan 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-05-428-004`

Property Details

APN / Parcel Number

Primary APN	`06-05-428-004`

Interior

Stories	1 Story
Building Area	28,500 sqft Gross Area
1st Floor Area	28,500 sqft

Exterior

Year Built	Built 2002
Effective Year Built	Effective 2002
Lot Area	64,033 sqft

Location & Zoning

Street Address	1201 GATEWAY DR
City	ELGIN
State	IL
Zip	60124-7856
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	ELGIN CORP CENTER - UNIT # 5 - RESUB # 1 (RESUB LOT 2 ELGIN CORP CENTER UNIT # 5) LOT # 1
Legal Subdivision	ELGIN CORP CENTER
Legal Block	1
Legal Lot Number	2,1
Legal Unit	5
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	1
Census Block	1011
Census Tract	851910

Owner

Source: Kane County records, as of July 23, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on Record
Mailing Address	1201 GATEWAY DR, ELGIN, IL 60124-7856
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 2, 2018 · Amount on Record
Deed Sale	Jan 2, 2018 · Amount on Record
Prior Sale	May 29, 2002 · Amount on Record
Deed Document Number	201883
Record Updated	Oct 29, 2026

January 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANE IL
Recording Date	Jan 2, 2018
Property Address	1201 GATEWAY DR, ELGIN, IL 60124-7856
Document Number	0000000083
Instrument Date	Dec 19, 2017
Instrument	2018K000083
Transaction Type	Transfer
Record Updated	Aug 5, 2022
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,800.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1201 GATEWAY DR, ELGIN, IL 60124-7856

Mortgage

Document Number	0000000084
Date	Jan 2, 2018
Instrument	2018K000084

Lender

Name	CORNERSTONE NATIONAL BANK
Type	Bank
Address	PALATINE, IL 60067

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Kane County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Kane County
County Subdivision	Elgin Township
Municipality	Elgin City
Unified School District	School District U-46 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$70,952.00 (+15.96%)	$930,027 (+8.57%) Land $199,871 Building $730,156	$2,791,197 (+8.57%) Land $599,853 Building $2,191,345
2024		$856,615 (+21.39%) Land $184,094 Building $672,521	$2,570,873 (+21.44%) Land $552,503 Building $2,018,370
2022	$61,187.00 (+3.96%)	$705,650 (+6.96%) Land $151,650 Building $554,000	$2,116,950 (+6.96%) Land $454,950 Building $1,662,000
2021	$58,859.00	$659,733 Land $141,782 Building $517,951	$1,979,199 Land $425,346 Building $1,553,853

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 8, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ELGIN serves 114,797 people · EPA ID IL0894380
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	19 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 17 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T Fixed Wireless	100 / 20
Fox Valley Internet Fixed Wireless	100 / 20

May also be available: Astound Broadband, T-Mobile, Verizon.

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