1370 Gateway Dr, Elgin, IL 60124 Property Records

Kane County property record for 1370 Gateway Dr, Elgin, IL 60124

Property Summary

Property Type	General Industrial
Details	42,336 sqft · built 2001
Lot Size	2.38 acres (103,673 sqft)
Owner	2 Company Names on Record
Last Sale	$3,250,000 (Jan 2020)
Tax Bill	$105,590 (2025)
Deeds & Mortgages	May 2017 Mortgage May 2017 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`06-05-274-011`

Property Details

APN / Parcel Number

Primary APN	`06-05-274-011`

Interior

Building Area	42,336 sqft Gross Area

Exterior

Year Built	Built 2001
Effective Year Built	Effective 2001
Lot Area	103,673 sqft

Location & Zoning

Street Address	1370 GATEWAY DR
City	ELGIN
State	IL
Zip	60124-7806
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	ELGIN CORPORATE CENTER UNIT 3 RESUB 1 LOT 3
Legal Subdivision	ELGIN CORPORATE CENTER
Legal Block	1
Legal Lot Number	3
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, as of July 23, 2026

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

Owner of Record	2 Company Names on Record
Mailing Address	2600 VIA FORTUNA, 260, AUSTIN, TX 78746-7991
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
May 15, 2017	Deed of Trust, Mortgage · Commercial Mortgage AMERICAN COMMUNITY BANK & TRUST
May 15, 2017	Deed of Trust, Mortgage · Commercial Mortgage AMERICAN COMMUNITY BANK & TRUST
Mar 3, 2020	Deed of Trust, Mortgage · Line of Credit TEXAS CAPITAL BANK NA
Jan 17, 2020	Grant Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jan 17, 2020 · Amount on Record
Deed Sale	Jan 17, 2020 · Amount on Record
Prior Sale	Oct 21, 2011 · Amount on Record
Deed Document Number	20203435
Prior Transfer Date	Apr 1, 2007
Prior Transfer Doc	0000093857
Record Updated	Oct 29, 2026

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1370 GATEWAY DR, ELGIN, IL 60124-7806
Transaction Type	Mortgage
Record Updated	Feb 7, 2021
Title Company	HERITAGE TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000024534
Date	May 15, 2017
Instrument	2017K024534

Lender

Name	AMERICAN COMMUNITY BANK & TRUST
Type	Bank
Address	WOODSTOCK, IL 60098

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1370 GATEWAY DR, ELGIN, IL 60124-7806
Transaction Type	Mortgage
Record Updated	Feb 7, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000024532
Date	May 15, 2017
Instrument	2017K024532

Lender

Name	AMERICAN COMMUNITY BANK & TRUST
Type	Bank
Address	WOODSTOCK, IL 60098

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

March 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1370 GATEWAY DR, ELGIN, IL 60124-7806
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000011163
Date	Mar 3, 2020
Instrument	2020K011163

Lender

Name	TEXAS CAPITAL BANK NA
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	83 Months
Due	Feb 20, 2027

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

January 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	KANE IL
Recording Date	Jan 17, 2020
Property Address	1370 GATEWAY DR, ELGIN, IL 60124-7806
Document Number	0000003435
Instrument Date	Jan 16, 2020
Instrument	3435
Transaction Type	Transfer
Record Updated	Feb 7, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$4,875.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2600 VIA FORTUNA #260 AUSTIN TX 787467991, 260, AUSTIN, TX 78746-7991

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	$105,590.00 (+15.96%)	$1,384,048 (+8.57%) Land $316,638 Building $1,067,410	$4,153,806 (+8.57%) Land $950,294 Building $3,203,511
2024		$1,274,798 (+21.39%) Land $291,644 Building $983,154	$3,825,924 (+21.44%) Land $875,282 Building $2,950,642
2022	$91,058.00 (+3.96%)	$1,050,135 (+6.96%) Land $240,246 Building $809,889	$3,150,405 (+6.96%) Land $720,738 Building $2,429,667
2021	$87,593.00	$981,802 Land $224,613 Building $757,189	$2,945,406 Land $673,839 Building $2,271,567

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	Not rated no burnable land within 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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