1515 Commerce Dr, Elgin, IL 60123 Property Records

Kane County property record for 1515 Commerce Dr, Elgin, IL 60123 · Last verified August 2026

Property Summary

Property TypeGeneral Industrial
Details9,610 sqft · built 1980
Lot Size0.66 acres (28,740 sqft)
OwnerCompany Name on File
Last Sale$710,000 (Feb 2013)
Tax Bill$19,405 (2025)
Deeds & MortgagesDec 2021 Line of Credit
Nov 2025 Foreclosure
+ 2 more
Flood ZoneZone X (minimal risk)
APN03-34-303-008

Property Details

APN / Parcel Number

Primary APN03-34-303-008

Interior

Stories1 Story
Building Area9,610 sqft Gross Area
1st Floor Area9,610 sqft

Exterior

Year BuiltBuilt 1980
Effective Year BuiltEffective 1980
Lot Area28,740 sqft (0.66 acres)

Utilities, Heating & Cooling

Cooling SystemCentral

Location & Zoning

Street Address1515 COMMERCE DR
CityELGIN
StateIL
Zip60123-9304
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal DescriptionLOT 25 NORTH ELGIN INDUSTRIAL
Legal SubdivisionNORTH ELGIN INDUSTRIAL
Legal Block3
Legal Lot Number25
JurisdictionKANE IL
Township / Civil DivisionDUNDEE
Census Block Group3
Census Block3016
Census Tract850600

Owner

Source: Kane County records · APN 03-34-303-008

Assessment roll updated July 23, 2026 · Last verified August 2026

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

Owner of RecordCompany Name on File
Mailing Address205 E BUTTERFIELD RD, ELMHURST, IL 60126-7200
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Dec 09, 2021Deed of Trust, Mortgage · Line of Credit
BLACKHAWK BANK
Nov 12, 2025Sheriff's Deed, Foreclosure
Aug 14, 2023Quit Claim Deed, Transfer · Commercial Mortgage
AMERICAN COMMUNITY BANK & TRUST
Aug 10, 2018Deed of Trust, Mortgage · Commercial Mortgage
BLACKHAWK BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleFeb 14, 2013 · Amount on Record
Deed SaleFeb 14, 2013 · Amount on Record
Prior SaleJul 26, 2005 · Amount on Record
Deed Document Number201312263
Last Transfer DateJul 31, 2023
Transfer Doc0000027766
Record UpdatedSep 20, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANE IL
Property Address1515 COMMERCE DR, ELGIN, IL 60123-9304
Transaction TypeMortgage
Record UpdatedNov 26, 2025

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000091639
DateDec 09, 2021
Instrument2021K091639
Lender
NameBLACKHAWK BANK
TypeBank
AddressMCHENRY, IL 60050
Agreement
TypeLine of Credit
AmountAmount Recorded

November 2025: Sheriff's Deed, Foreclosure

Document TypeSheriff's Deed
JurisdictionKANE IL
Recording DateNov 12, 2025
Property Address1515 COMMERCE DR, ELGIN, IL 60123-9304
Document Number0000044562
Map ReferenceDOC 1278513
Instrument DateSep 17, 2025
Instrument2025K044562
Transaction TypeForeclosure
Record UpdatedNov 26, 2025

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address205 E BUTTERFIELD RD # 205, ELMHURST, IL 60126-7200

August 2023: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionKANE IL
Recording DateAug 14, 2023
Property Address1515 COMMERCE DR, ELGIN, IL 60123-9304
Document Number0000027766
Map ReferenceDOC 1278513
Instrument DateJul 31, 2023
Instrument2023K027766
Transaction TypeTransfer
Record UpdatedNov 26, 2025
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1515 COMMERCE DR, ELGIN, IL 60123-9304

Mortgage

Document Number0000027767
DateAug 14, 2023
Instrument2023K027767
Lender
NameAMERICAN COMMUNITY BANK & TRUST
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANE IL
Property Address1515 COMMERCE DR, ELGIN, IL 60123-9304
Transaction TypeMortgage
Record UpdatedAug 05, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000039080
DateAug 10, 2018
Instrument2018K039080
Lender
NameBLACKHAWK BANK
TypeBank
AddressBELOIT, WI 53512
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Kane County records · Assessment roll updated July 23, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateIllinois
CountyKane County
County SubdivisionDundee Township
MunicipalityElgin City
Unified School DistrictCommunity Unit School District 300 (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.

YearTax BillAssessed ValueAssessed Market Value
2025$19,405.00 (+5.44%)$250,911 (+9.42%) Land $65,176 Building $185,735$753,034 (+9.42%) Land $195,606 Building $557,428
2024$18,403.00 (+2.1%)$229,310 (+11.14%) Land $59,565 Building $169,745$688,205 (+11.18%) Land $178,767 Building $509,439
2022$18,025.00 (+1.33%)$206,326 (+5.91%) Land $53,595 Building $152,731$618,978 (+5.91%) Land $160,785 Building $458,193
2021$17,789.00$194,812 Land $50,604 Building $144,208$584,436 Land $151,812 Building $432,624

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Kane County (17089C), updated October 8, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170898506003, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Nearby Flood Policies2 in force
Nearby Flood Claims2 (2002–2007)
Claims Outside the SFHA1 of 2
Most Recent ClaimAug 2007, river or lake flooding, Severe Storms And Flooding

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 84 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
XfinityCable2,000 / 250
OpiquadFixed Wireless (unlicensed)100 / 20
StarlinkSatellite (low-earth orbit)280 / 30

May also be available at this address: Verizon, AT&T. Availability varies by address; speeds are provider-advertised maximums, not measured.

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