385 AirportElgin, IL 60123

Property Details for 385 Airport

Year built

1988

Property size (Sq ft)

32,600 SF

Property type

Office properties

Property subtype

Other office properties

APN

03-34-326-103

APU

334326103

• CAP approach

  CAP return

  Valuation

  6%

  $5,886,317

  6.5%

  $5,433,524

  7%

  $5,045,414

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,309,656

  Geo Method

  $4,246,150

• Alternative Use

  Use

  Valuation

  Residential

  $6,737,569

  Hospitality

  $6,171,577

  Educational

  $5,134,680

  Medical

  $5,311,269

  Retail

  $7,987,280

Location Insight

City

Elgin

County

Kane

State

Illinois

Latitude

42.0676

Longitude

-88.2873

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $487,413
• Assessed land value
  $135,185
• Assessed value
  $622,598
• Tax year
  2022
• Tax bill
  $52,618

FAQs

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