401 E Chicago St, Elgin, IL 60120 Property Records

Kane County property record for 401 E Chicago St, Elgin, IL 60120 · Last verified July 2026

Property Highlights

Property TypeVacant Land > Commercial
Year BuiltBuilt 1964
Square Footage47,760 sqft Gross Area
Lot Size231 sqft (0.5 acres)
Last Sale$4,572,500 (2021)
Tax Bill$121,384.00 (2025)

Property Details

APN / Parcel Number

Primary APN06-13-327-018

Interior

Units120 Units
Building Area47,760 sqft Gross Area
Stories5 Stories

Exterior

Year BuiltBuilt 1964
Effective Year BuiltEffective 1964
Lot Area231 sqft (0.5 acres)

Location & Zoning

Street Address401 E CHICAGO ST
CityELGIN
StateIL
Zip60120-5772
Property UsageCommercial Property Usage
TypeVacant Land > Commercial
Legal DescriptionJAMES T GIFFORDS ADDN ALL OF LOTS 4 & 5 & NORTH 16.5 FT OF EAST 1/2 OF LOT 6 & THE NORTH 16.5 FT OF WEST 1/2 OF LOT 7
Legal SubdivisionJAMES T GIFFORDS ADDN
Legal Block2
Legal Lot Number4,5,6
JurisdictionKANE IL
Minor Civil DivisionELGIN
Census Blockgroup2
Census Block2003
Census Tract851301

Owner

Source: Kane County records · APN 06-13-327-018

Assessment roll updated December 26, 2025 · Last verified July 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 Address1628 W COLONIAL PKWY, INVERNESS, IL 60067-1226
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Sep 30, 2025Special Warranty Deed, Transfer · Commercial Mortgage
SCHAUMBURG BANK & TRUST CO NA
Jan 15, 2021Warranty Deed, Transfer · Commercial Mortgage
ANDIGO A DIVISION OF CONSUMERS COOP

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 15, 2021 · Amount on Record
Deed SaleJan 15, 2021 · Amount on Record
Prior SaleDec 08, 1994 · Amount on Record
Deed Doc Number20213728
Record RefreshedSep 20, 2026

September 2025: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionKANE IL
Recording DateSep 30, 2025
Property Address401 E CHICAGO ST, ELGIN, IL 60120-5772
Document Number0000038008
Instrument DateSep 23, 2025
Instrument2025K038008
Transaction TypeTransfer
Record UpdatedOct 13, 2025
Title CompanyGREATER ILLINOIS TITLE COMPANY, GIT

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1628 W COLONIAL PKWY, INVERNESS, IL 60067-1226

Mortgage

Document Number0000038009
DateSep 30, 2025
Instrument2025K038009
Lender
NameSCHAUMBURG BANK & TRUST CO NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionKANE IL
Recording DateJan 15, 2021
Property Address401 E CHICAGO ST, ELGIN, IL 60120-5772
Document Number0000003728
Instrument DateJul 28, 2020
Instrument2021K003728
Transaction TypeTransfer
Record UpdatedJul 27, 2021

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$4,572.50
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address10 W ELM ST # ST502, 10, CHICAGO, IL 60610-2757

Transferred To (Grantee/Buyer)

NameVerified Name
Address1628 W COLONIAL PKWY, INVERNESS, IL 60067-1226

Mortgage

Document Number0000003729
DateJan 15, 2021
Instrument2021K003729
Lender
NameANDIGO A DIVISION OF CONSUMERS COOP
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Kane County records · Assessment roll updated December 26, 2025 · Last verified July 2026

Property Jurisdictions

TypeName
StateIllinois
CountyKane County
County SubdivisionElgin Township
MunicipalityElgin City
Unified School DistrictSchool District U-46 (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$121,384.00 (+3.5%)
2024$117,279.00 (+26.55%)$1,465,481 (+37.12%) Land $129,528 Building $1,335,953$4,398,202 (+37.17%) Land $388,739 Building $4,009,463
2022$92,675.00 (+3.96%)$1,068,779 (+6.96%) Land $106,701 Building $962,078$3,206,337 (+6.96%) Land $320,103 Building $2,886,234
2021$89,148.00$999,233 Land $99,758 Building $899,475$2,997,699 Land $299,274 Building $2,698,425

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