2801 Alft Ln, Elgin, IL 60124 Property Records

Kane County property record for 2801 Alft Ln, Elgin, IL 60124

Property Summary

Property Type	General Industrial
Lot Size	18.5 acres (808,038 sqft)
Owner	2 Company Names on Record
Last Sale	$27,880,000 (Oct 2019)
Tax Bill	$655,686 (2025)
Deeds & Mortgages	Jul 2026 Sale Feb 2021 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`03-31-101-002`

Property Details

APN / Parcel Number

Primary APN	`03-31-101-002`

Exterior

Lot Area	808,038 sqft (18.5 acres)

Location & Zoning

Street Address	2801 ALFT LN
City	ELGIN
State	IL
Zip	60124-8388
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	PT NW1/4 SEC 31-42-8 DESC IN DOC 2014K007807 LOCATED WEST OF ALFT LANE (EX PT DEDICATED FOR ROAD ROW DESC IN DOC 2015K012561)
Legal Range	08
Legal Township	42
Legal Section	31
Legal Block	3
Jurisdiction	KANE IL
Township / Civil Division	DUNDEE
Census Block Group	3
Census Block	3028
Census Tract	850600

Owner

Source: Kane County records, as of July 21, 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	1 BEACON ST, 2800, BOSTON, MA 02108-3107
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jul 24, 2026	Special Warranty Deed, Transfer NONE LISTED ON DOCUMENT
Feb 3, 2021	Deed of Trust, Mortgage · Commercial Mortgage PGIM VIP MORTGAGE ACCOUNT LP
Oct 2, 2019	Grant Deed, Transfer ATTORNEY ONLY
Jul 19, 2019	Loan Modification, Mortgage · Line of Credit CIBC BK USA
Apr 10, 2019	Loan Modification, Mortgage · Line of Credit CIBC BK USA

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 2, 2019 · Amount on Record
Deed Sale	Oct 2, 2019 · Amount on Record
Prior Sale	Sep 25, 2015 · Amount on Record
Deed Document Number	201946379
Record Updated	Sep 20, 2026

July 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	KANE IL
Recording Date	Jul 24, 2026
Property Address	2801 ALFT LN, ELGIN, IL 60124-8388
Document Number	0000031671
Instrument Date	Jul 22, 2026
Instrument	202631671
Transaction Type	Transfer
Record Updated	Aug 5, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Amount	Amount Recorded
Tax	$5,378,250.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	730 3RD AVE, NEW YORK, NY 10017-3206

February 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	2801 ALFT LN, ELGIN, IL 60124-8388
Transaction Type	Mortgage
Record Updated	Feb 17, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000009275
Date	Feb 3, 2021
Instrument	2021K009275

Lender

Name	PGIM VIP MORTGAGE ACCOUNT LP
Address	DALLAS, TX 75201

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	59 Months
Due	Jan 5, 2026

October 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	KANE IL
Recording Date	Oct 2, 2019
Property Address	2801 ALFT LN, ELGIN, IL 60124-8388
Document Number	0000046379
Instrument Date	Sep 25, 2019
Instrument	46379
Transaction Type	Transfer
Record Updated	Oct 16, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$41,820.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1 BEACON ST #2800 BOSTON MA 021083107, 2800, BOSTON, MA 02108-3107

July 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KANE IL
Recording Date	Jul 19, 2019
Property Address	2801 ALFT LN, ELGIN, IL 60124-8388
Instrument Date	Jul 18, 2019
Instrument	31530
Transaction Type	Mortgage
Record Updated	Aug 1, 2019
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2801 ALFT LN ELGIN IL 601248388, ELGIN, IL 60124-8388

Mortgage

Document Number	0000031530
Date	Jul 19, 2019
Instrument	31530

Lender

Name	CIBC BK USA

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

April 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KANE IL
Recording Date	Apr 10, 2019
Property Address	2801 ALFT LN, ELGIN, IL 60124-8388
Instrument Date	Feb 12, 2019
Instrument	13892
Transaction Type	Mortgage
Record Updated	Apr 23, 2019
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2801 ALFT LN ELGIN IL 601248388, ELGIN, IL 60124-8388

Mortgage

Document Number	0000013892
Date	Apr 10, 2019
Instrument	13892

Lender

Name	CIBC BK USA

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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	$655,686.00 (+6.62%)
2024		$8,770,298 (+20.52%) Land $1,623,346 Building $7,146,952	$26,321,423 (+20.57%) Land $4,871,987 Building $21,449,436
2022	$614,984.00 (-1.66%)	$7,276,797 (+2.96%) Land $1,460,632 Building $5,816,165	$21,830,391 (+2.96%) Land $4,381,896 Building $17,448,495
2021	$625,339.00	$7,067,939 Land $1,379,126 Building $5,688,813	$21,203,817 Land $4,137,378 Building $17,066,439

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 · 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	2 in force
Nearby Flood Claims	2 (2002–2007)
Claims Outside the SFHA	1 of 2
Most Recent Claim	Aug 2007 · Severe Storms And Flooding

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

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% 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 18 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Astound Broadband Cable	1,500 / 50
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20
Fox Valley Internet Fixed Wireless	100 / 20
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: Xfinity.

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