Elgin Distribution Center
Industrial (Class A, two-building distribution facility) property in Elgin, IL — sponsored by JLL Exchange (JLLX)
Files with the SEC as JLLX Elgin Distribution Center, DST
Minimum investment
$75k
Offering size
$50.7M
How much has sold
92.0%
Asset type
Industrial (Class A, two-building distribution facility) property
Location
Elgin, IL
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Elgin Distribution Center combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Elgin, IL
- Property size
- 407,000 sq ft (two-building industrial)
How did it end?
No sale or other ending on record
No full-cycle, sale, or disposition announcement found; the 407,000 SF Elgin Distribution Center remains listed on the JLL Income Property Trust portfolio site and is not the property sold at 1717 Gifford Drive ($24.8M, June 2026).
JLLX Elgin Distribution Center, DST was the industrial component of JLLX Diversified V, DST ($100M, fully subscribed Nov 18, 2024). The underlying property is a two-building, 407,000-square-foot Class A industrial facility built in 2020, acquired by JLLIPT in January 2022 for approximately $47M, located in Elgin, IL with immediate I-90 access and proximity to O'Hare.
407,000 sq ft (two-building industrial)Supporting evidence
Who's behind it?
- Sponsor
- JLL Exchange (JLLX)
- Legal Trust name
- JLLX Elgin Distribution Center, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 20 total offerings from JLL Exchange (JLLX)
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 11
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to Elgin Distribution Center?
Top1031 lists Elgin Distribution Center as historical. It is no longer raising money.
Where does Top1031 get the data for Elgin Distribution Center?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7JLL Income Property Trust Fully Subscribes $100 Million Diversified DSTPress release announcing JLLX Diversified V, DST fully subscribed; the $100 million program comprised a 192-unit apartment community in North Andover, MA and two Class A industrial distribution facilities including the Elgin Distribution Center. JLL Income Property Trust Acquires Suburban Chicago Distribution CenterAcquisition press release for Elgin Distribution Center, a two-building, 407,000-sf Class A industrial property in northwest suburban Chicago (Elgin, IL) for approximately $47 million. JLL Income Property Trust Picks Up New-Construction Elgin WarehousesConnect CRE coverage of JLL IPT's acquisition of Elgin Distribution Center, a Class A two-building industrial property totaling 407,000 sf in Elgin, IL.