Property Details

More Property Details

PIN & Address

Pin 07-10-204-009-0000
Address 125 COMMERCE DR
City SCHAUMBURG
Township Schaumburg
Read about Reassessments

Tax Details

Property Classification 663
Square Footage (Land) 67,369
Neighborhood 100
Taxcode 35011
Next Scheduled Reassessment 2022
2024 Assessor Certified
2023
Board of Review Certified
Total Estimated Market Value
N/A**
N/A**
Total Assessed Value
$137,939
$137,939
Land Assessed Value
$53,895
$53,895
Building Assessed Value
$84,044
$84,044
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request
Description Industrial
Age **
Building Square Footage **
Assessment Phase Assessor Valuation
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request
*** Is the information above correct? Please click here to provide updated information for this property’s characteristics.
Homeowner
Senior
Senior Freeze
Disabled Persons
Disabled Veterans

2023 Assessment Appeal Information

Previous Board Certified $344,848
Status Appeal Review Complete
Assessor Valuation $344,848
Assessor Post-Appeal Valuation $137,939
Appeal Number 802069
Attorney/Tax Representative MICHAEL J. ELLIOTT
Applicant
Result Assessed Value Adjusted
Reason Classification Change

2022 Assessment Appeal Information

Previous Board Certified $344,848
Status Appeal Review Complete
Assessor Valuation $344,848
Assessor Post-Appeal Valuation $344,848
Appeal Number 545395
Attorney/Tax Representative MICHAEL J. ELLIOTT
Applicant
Result Assessed Value Not Adjusted
Reason Income, Mkt or Cost Supports Asmt

2018 Assessment Appeal Information

Previous Board Certified $426,355
Status Appeal Review Complete
Assessor Valuation $426,355
Assessor Post-Appeal Valuation $426,355
Appeal Number 166733
Attorney/Tax Representative ARON BORNSTEIN
Applicant BLACKBURN DEVELOPMENT
Result Assessed Value Not Adjusted
Reason This is due to income, market or cost analysis supporting the assessment.

2017 Assessment Appeal Information

Previous Board Certified $426,355
Status Appeal Review Complete
Assessor Valuation $426,355
Assessor Post-Appeal Valuation $426,355
Appeal Number 157784
Attorney/Tax Representative ARON BORNSTEIN
Applicant BLACKBURN DEVELOPMENT
Result Assessed Value Not Adjusted
Reason This is due to income, market or cost analysis supporting the assessment.

2016 Assessment Appeal Information

Previous Board Certified $355,167
Status Appeal Review Complete
Assessor Valuation $606,815
Assessor Post-Appeal Valuation $426,355
Appeal Number 155663
Attorney/Tax Representative BLACKBURN DEVELOPMENT
Applicant ARON BORNSTEIN
Result Assessed Value Adjusted
Reason This is the result of an income, market or cost analysis.

2015 Assessment Appeal Information

Previous Board Certified $278,882
Status Appeal Review Complete
Assessor Valuation $432,794
Assessor Post-Appeal Valuation $355,167
Appeal Number 148441
Attorney/Tax Representative GOSCHI & GOSCHI LTD
Applicant MICHAEL PHELAN
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property along with an income, market or cost analysis.

2014 Assessment Appeal Information

Previous Board Certified $322,090
Status Appeal Review Complete
Assessor Valuation $432,795
Assessor Post-Appeal Valuation $322,088
Appeal Number 9107463
Attorney/Tax Representative GOSCHI & GOSCHI LTD
Applicant MICHAEL PHELAN
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property along with an income, market or cost analysis.

2013 Assessment Appeal Information

Previous Board Certified $265,174
Status Appeal Review Complete
Assessor Valuation $623,416
Assessor Post-Appeal Valuation $322,090
Appeal Number 126248
Attorney/Tax Representative MICHAEL PHELAN
Applicant
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property alongwith an income, market or cost analysis.

2012 Assessment Appeal Information

Previous Board Certified $475,788
Status Appeal Review Complete
Assessor Valuation $475,788
Assessor Post-Appeal Valuation $322,759
Appeal Number 9118269
Attorney/Tax Representative RICHARD J PHELAN
Applicant
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property alongwith an income, market or cost analysis.

Certificate of Error History

Tax Year 2013
Certificate Number 0
Property Location 125 COMMERCE DR
Issued Date
C of E Description
Reason
Comments The evidence and/or arguments submitted do not establish that a reduction is warranted.

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