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1116 Sherwood Ave; Elgin, IL Property Details

1116 Sherwood Ave, Elgin, IL is a Residential General that was built in 1915. This property is currently Financed and is not for sale. Our records show that 1116 Sherwood Ave has 4 bedrooms, and 1 bathroom, and a total of 1,946 square feet. The lot size of 1116 Sherwood Ave is 8,712 square feet.

Off market
1116 Sherwood Ave Elgin, IL 60120
$215,000 Listing Price
4 Beds
1 Baths
1,946 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1915
  • Purchase Price: $215,000
  • Open Loans / Balance: 1 / $169,191
  • Est. Equity / %: $183,809 / 52.07%
  • Gross Yield: 8.896%
  • APN: 06-12-208-014
  • Situs County: Kane
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,946/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,919/SqFt
  • Living: 1,946/SqFt
  • Basement: 973/SqFt
  • Building: 2,919/SqFt
  • Price Per Square Foot: $110.48

Legal Description

  • Description: RIVERSIDE PARK ADDN LOT 5 BLOCK 13
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.05743 / -88.2685
  • Subdivision: Riverside Park Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2445
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One: $999
  • H O A Amount: $999
  • H O A One Type: Planned Unit Development

Ownership Info

1116 Sherwood Ave has no associated ownership info
1116 Sherwood Ave has no associated ownership info.

Taxes

1116 Sherwood Ave has 10 associated Taxes items

1116 Sherwood Ave, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $99,764. The APN we've located for 1116 Sherwood Ave is 06-12-208-014.

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Taxes
  • Assessed Value:  $99,764
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-208-014
  • Assessed Land Value:  21120
  • Market Land Value:  63385
  • Tax Amount:  7611.08
  • Tax Year:  2025
  • Market Value:  299412
  • Market Year:  2025

Tax History

1116 Sherwood Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $99,764 Land Value $21,120 Improvement Value $78,644 Tax Amount $7,611.08 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $91,889 Land Value $19,453 Improvement Value $72,436 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $83,014 Land Value $17,574 Improvement Value $65,440 Tax Amount $7,076.56 Change Rate +0.078165% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $75,694 Land Value $16,024 Improvement Value $59,670 Tax Amount $6,563.52 Change Rate +0.039565% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $70,768 Land Value $14,981 Improvement Value $55,787 Tax Amount $6,313.72 Change Rate +0.124558% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $67,559 Land Value $14,302 Improvement Value $53,257 Tax Amount $5,614.4 Change Rate +0.030131% Assessed CR Tax Rate +0.083104%
Year 2019 Assessed Value $64,355 Land Value $13,624 Improvement Value $50,731 Tax Amount $5,450.18 Change Rate +0.022281% Assessed CR Tax Rate +0.084689%
Year 2018 Assessed Value $60,546 Land Value $12,835 Improvement Value $47,711 Tax Amount $5,331.39 Change Rate -0.989884% Assessed CR Tax Rate +0.088055%
Year 2017 Assessed Value $57,238 Land Value $12,134 Improvement Value $45,104 Tax Amount $527,001.5 Change Rate +92.05686% Assessed CR Tax Rate +9.207196%
Year 2016 Assessed Value $53,101 Land Value $11,257 Improvement Value $41,844 Tax Amount $5,663.22 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $48,672 Land Value $10,318 Improvement Value $38,354 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $48,071 Land Value $10,191 Improvement Value $37,880 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $49,339 Land Value $10,460 Improvement Value $38,879 Tax Amount Change Rate Assessed CR Tax Rate