1320 Gateway Dr, Elgin, IL 60124 Property Records

Kane County property record for 1320 Gateway Dr, Elgin, IL 60124

Property Summary

Property Type	General Industrial
Details	53,000 sqft · built 2000
Lot Size	2.58 acres (112,385 sqft)
Owner	Company Name on File
Last Sale	$4,000,000 (Jan 2016)
Tax Bill	$112,483 (2025)
Deeds & Mortgages	Dec 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-05-274-009`

Property Details

APN / Parcel Number

Primary APN	`06-05-274-009`

Interior

Units	2 Units
Stories	1 Story
Building Area	53,000 sqft Gross Area
1st Floor Area	53,000 sqft

Exterior

Year Built	Built 2000
Effective Year Built	Effective 2000
Lot Area	112,385 sqft (2.58 acres)

Location & Zoning

Street Address	1320 GATEWAY DR
City	ELGIN
State	IL
Zip	60124-7825
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	ELGIN CORPORATE CENTER UNIT 3 RESUB LOT 5
Legal Subdivision	ELGIN CORPORATE CENTER
Legal Block	1
Legal Lot Number	5
Legal Unit	3
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	1
Census Block	1011
Census Tract	851910

Owner

Source: Kane County records · APN 06-05-274-009

Assessment roll updated August 25, 2025 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	5 BRYANT PARK 1065 6TH AVE # 28, 28, NEW YORK, NY 10018
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 04, 2016 · Amount on Record
Deed Sale	Jan 04, 2016 · Amount on Record
Prior Sale	Sep 09, 2004 · Amount on Record
Deed Document Number	2016261
Record Updated	Sep 20, 2026

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1320 GATEWAY DR, ELGIN, IL 60124-7825
Transaction Type	Mortgage
Record Updated	Aug 05, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000091307
Date	Dec 08, 2021
Instrument	2021K091307

Lender

Name	SOCIETE GENRALE
Type	Private Party
Address	NEW YORK, NY 10167

Agreement

Type	Commercial Mortgage

Tax Assessment & Valuation

Source: Kane County records · Assessment roll updated August 25, 2025 · Last verified July 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

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$112,483.00 (+7.52%)
2024		$1,404,039 (+16.38%) Land $253,775 Building $1,150,264	$4,213,803 (+16.42%) Land $761,630 Building $3,452,173
2022	$104,614.00 (+3.96%)	$1,206,470 (+6.96%) Land $209,051 Building $997,419	$3,619,410 (+6.96%) Land $627,153 Building $2,992,257
2021	$100,633.00	$1,127,964 Land $195,448 Building $932,516	$3,383,892 Land $586,344 Building $2,797,548

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of October 8, 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

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

Wildfire

Wildfire Risk	Not rated no burnable land within ember reach

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

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

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

May also be available: Radiate Holdings, T-Mobile USA, Verizon.

Based on FCC filings for 17 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	ELGIN serves 114,797 people
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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.