2587 Millennium Dr, Elgin, IL 60124 Property Records

Kane County property record for 2587 Millennium Dr, Elgin, IL 60124

Property Summary

Property Type	General Industrial
Details	3,015 sqft · built 2008
Owner	Company Name on File
Last Sale	$376,000 (Jun 2021)
Tax Bill	$10,093 (2025)
Deeds & Mortgages	Jun 2021 Mortgage Jun 2021 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`06-05-402-024`

Property Details

APN / Parcel Number

Primary APN	`06-05-402-024`

Interior

Units	9 Units
Stories	1 Story
Building Area	3,015 sqft Gross Area
1st Floor Area	3,015 sqft

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008

Location & Zoning

Street Address	2587 MILLENNIUM DR, J2
City	ELGIN
State	IL
Zip	60124-5726
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	ELGIN WESTPOINT CONDO 2ND AMENDMENT UNIT J2
Legal Subdivision	ELGIN WESTPOINT CONDO
Legal Block	1
Legal Lot Number	1
Legal Unit	J2
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	1
Census Block	1011
Census Tract	851910

Owner

2587 Millennium Dr is owned by a company that bought it in June 2021.

Source: Kane County records, as of August 13, 2026

Owner of Record	Company Name on File
Mailing Address	2587 MILLENNIUM DR, J2, ELGIN, IL 60124-5726
Owner Type	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
Jun 8, 2021	Deed of Trust, Mortgage SMALL BUSINESS GROWTH CORP
Jun 4, 2021	Warranty Deed, Transfer · Commercial Mortgage FIRST MIDWEST BANK
Mar 14, 2017	Deed of Trust, Mortgage · Line of Credit CRYSTAL LAKE BK&TR

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 4, 2021 · Amount on File
Deed Sale	Jun 4, 2021 · Amount on File
Prior Sale	Aug 25, 2011 · Amount on File
Deed Document Number	202142934
Record Updated	Sep 20, 2026

June 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	2587 MILLENNIUM DR, ELGIN, IL 60124-5726
Transaction Type	Mortgage
Record Updated	Sep 15, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000043776
Date	Jun 8, 2021
Instrument	2021K043776

Lender

Name	SMALL BUSINESS GROWTH CORP
Type	Non-Lending Institution

Agreement

Amount	Amount on Record

June 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANE IL
Recording Date	Jun 4, 2021
Property Address	2587 MILLENNIUM DR, ELGIN, IL 60124-5726
Document Number	0000042934
Map Reference	DOC 2006K066319
Instrument Date	May 14, 2021
Instrument	2021K042934
Transaction Type	Transfer
Record Updated	Sep 15, 2022
Title Company	CT

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$376.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2587 MILLENNIUM DR # DRK2, 2587, ELGIN, IL 60124-5726

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2587 MILLENNIUM DR # J2, J2, ELGIN, IL 60124-5726

Mortgage

Document Number	0000042937
Date	Jun 4, 2021
Instrument	2021K042937

Lender

Name	FIRST MIDWEST BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Rate	4.75%

Mortgage

Document Number	0000042935
Date	Jun 4, 2021
Instrument	2021K042935

Lender

Name	FIRST MIDWEST BANK
Type	Bank
Address	60063

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

March 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	2587 MILLENNIUM DR, ELGIN, IL 60124-5726
Document Number	0000013631
Instrument Date	Mar 14, 2017
Transaction Type	Mortgage
Record Updated	Jun 15, 2018
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2587 MILLENNIUM DR #K2 ELGIN IL 601245726, K2, ELGIN, IL 60124-5726

Mortgage

Document Number	0000013631
Date	Mar 16, 2017
Instrument	13631

Lender

Name	CRYSTAL LAKE BK&TR
Type	Bank
Address	CRYSTAL LAKE, IL 60014

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Mar 15, 2022

Interest

Rate Type	Adjustable Rate
Rate	4.5%

Tax Assessment & Valuation

The 2025 property tax bill for 2587 Millennium Dr was $10,093.

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	$10,093.00	$132,303 (+8.57%) Land $29,654 Building $102,649	$397,068 (+8.57%) Land $88,998 Building $308,070
2024		$121,859 Land $27,313 Building $94,546	$365,723 Land $81,972 Building $283,752
2022	$8,704.00 (+3.95%)	$100,383 (+6.96%) Land $22,499 Building $77,884	$301,149 (+6.96%) Land $67,497 Building $233,652
2021	$8,373.00	$93,851 Land $21,035 Building $72,816	$281,553 Land $63,105 Building $218,448

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

FEMA maps place 2587 Millennium Dr in Zone X, an area of minimal flood risk.

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

Wildfire risk around 2587 Millennium Dr is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 98% of the US · lower than 86% 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 10 locations within half a mile, as of December 31, 2025

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

May also be available: Verizon.

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