2531 Technology Dr, #2541, Elgin, IL 60124 Property Records

Kane County property record for 2531 Technology Dr, #2541, Elgin, IL 60124

Property Summary

Property Type	General Industrial
Details	54,000 sqft · built 2003
Lot Size	6.55 acres (285,524 sqft)
Owner	Company Name on File
Last Sale	$26,194,500 (Jan 2025)
Tax Bill	$327,727 (2025)
Deeds & Mortgages	Nov 2019 Sale & Line of Credit Aug 2017 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`03-30-252-036`

Property Details

APN / Parcel Number

Primary APN	`03-30-252-036`

Interior

Stories	1 Story
Building Area	54,000 sqft Gross Area
1st Floor Area	54,000 sqft

Exterior

Year Built	Built 2003
Effective Year Built	Effective 2003
Lot Area	285,524 sqft (6.55 acres)

Location & Zoning

Street Address	2531 TECHNOLOGY DR, 2541
City	ELGIN
State	IL
Zip	60124-7889
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	NORTHWEST CORP PARK UNIT # 3 THE ELY PORTION OF LOT 184 (27.63 FT MSRD ON THE S LINE) & ALL OF LOTS 185 THROUGH 192 (EX THE ELY 12 FT OF THE SLY 437.8 FT THEREOF) & THAT PT OF LOT 193 DESC AS THE WLY 8 FT OF THE NLY 273.07 THEREOF, AS SHOWN IN DOC 20
Legal Subdivision	NORTHWEST CORP PARK
Legal Block	2
Legal Lot Number	184
Legal Unit	3
Jurisdiction	KANE IL
Township / Civil Division	DUNDEE
Census Block Group	2
Census Block	2031
Census Tract	850600

Owner

2531 Technology Dr, #2541 is owned by a company that bought it in January 2025.

Source: Kane County records, as of July 21, 2026

Owner of Record	Company Name on File
Mailing Address	195 MORRISTOWN RD, BASKING RIDGE, NJ 07920-1650
Owner Type	Company
Vesting	Limited Liability Company

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

Deeds, Mortgages & Sale History

Date	Document
Nov 1, 2019	Trustee's Deed, Transfer · Line of Credit BANK OF AMERICA
Aug 11, 2017	Loan Modification, Mortgage · Line of Credit JP MORGAN CHASE BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 22, 2025 · Amount on File
Deed Sale	Jan 22, 2025 · Amount on File
Prior Sale	Nov 1, 2019 · Amount on File
Deed Document Number	20252528
Record Updated	Sep 20, 2026

November 2019: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	KANE IL
Recording Date	Nov 1, 2019
Property Address	2531 TECHNOLOGY DR # 2541, 2541, ELGIN, IL 60124-7889
Document Number	0000052727
Instrument Date	Oct 31, 2019
Instrument	52727
Transaction Type	Transfer
Record Updated	Nov 20, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$35,400.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	300 N LA SALLE ST #5450 CHICAGO IL 606543448, 5450, CHICAGO, IL 60654-3448

Mortgage

Document Number	52728
Date	Nov 1, 2019
Instrument	52728

Lender

Name	BANK OF AMERICA
Type	Bank
Address	135 S LA SALLE ST # 630, CHICAGO, IL 60603-4177

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

August 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KANE IL
Recording Date	Aug 11, 2017
Property Address	2531 TECHNOLOGY DR # 2541, 2541, ELGIN, IL 60124-7889
Instrument Date	May 21, 2017
Instrument	41961
Transaction Type	Mortgage
Record Updated	Aug 24, 2018
Title Company	OTHER

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	1559 ELMHURST RD ELK GROVE VILLAGE IL 600076414, ELK GROVE VILLAGE, IL 60007-6414

Mortgage

Document Number	0000041961
Date	Aug 11, 2017
Instrument	41961

Lender

Name	JP MORGAN CHASE BK
Type	Bank
Address	10 S DEARBORN ST # 19TH, CHICAGO, IL 60603-2300

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 2531 Technology Dr, #2541 was $327,727, up 1.1% from the year before.

Source: Kane County assessment roll, as of August 25, 2025

Property Jurisdictions

Type	Name
State	Illinois
County	Kane County
County Subdivision	Dundee Township
Municipality	Elgin City
Unified School District	Community Unit School District 300 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$327,727.00 (+1.13%)
2024	$324,081.00	$4,180,371 Land $614,891 Building $3,565,480	$12,546,131 Land $1,845,411 Building $10,700,720
2022	$317,883.00 (+2.3%)	$3,761,356 (+7.1%) Land $553,258 Building $3,208,098	$11,284,068 (+7.1%) Land $1,659,774 Building $9,624,294
2021	$310,725.00	$3,511,999 Land $522,385 Building $2,989,614	$10,535,997 Land $1,567,155 Building $8,968,842

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 2531 Technology Dr, #2541 in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2013.

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	2 (2013–2017)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Jul 2017 · other causes

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.

Wildfire

The area around 2531 Technology Dr, #2541 has no burnable land within ember reach, so its wildfire risk is not rated.

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 11 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Starlink Satellite	280 / 30
Fox Valley Internet Fixed Wireless	100 / 20

May also be available: AT&T, Verizon.

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