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400 Sherman Ave; Elgin, IL Property Details

400 Sherman Ave, Elgin, IL is a Single Family that was built in 1870. This property is currently Financed and is not for sale. Our records show that 400 Sherman Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,048 square feet. The lot size of 400 Sherman Ave is 4,534 square feet.

Off market
400 Sherman Ave Elgin, IL 60120
$325,000 Listing Price
3 Beds
2 Baths
2,048 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1870
  • Purchase Price: $325,000
  • Open Loans / Balance: 1 / $318,500
  • Est. Equity / %: $15,500 / 4.64%
  • Gross Yield: 7.416%
  • APN: 06-24-202-004
  • Situs County: Kane
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,048/SqFt
  • Lot: 4,534/SqFt
  • Gross: 3,072/SqFt
  • Living: 2,048/SqFt
  • Basement: 1,024/SqFt
  • Building: 3,072/SqFt
  • Price Per Square Foot: $158.69

Legal Description

  • Description: SHERMANS ADDN PART OF LOTS 7 & 8 DESC IN DOC 886672 BOOK 1955/142 BLOCK 7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.029423 / -88.27116
  • Subdivision: Shermans Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6745

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

400 Sherman Ave has no associated ownership info
400 Sherman Ave has no associated ownership info.

Taxes

400 Sherman Ave has 10 associated Taxes items

400 Sherman 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 $76,688. The APN we've located for 400 Sherman Ave is 06-24-202-004.

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Taxes
  • Assessed Value:  $76,688
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-202-004
  • Assessed Land Value:  10984
  • Market Land Value:  32965
  • Tax Amount:  5240.26
  • Tax Year:  2025
  • Market Value:  230156
  • Market Year:  2025

Tax History

400 Sherman Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,688 Land Value $10,984 Improvement Value $65,704 Tax Amount $5,240.26 Change Rate Assessed CR Tax Rate +0.068332%
Year 2024 Assessed Value $70,635 Land Value $10,117 Improvement Value $60,518 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,813 Land Value $9,140 Improvement Value $54,673 Tax Amount $5,439.76 Change Rate +0.169232% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $53,654 Land Value $8,334 Improvement Value $45,320 Tax Amount $4,652.42 Change Rate +0.039554% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $50,163 Land Value $7,792 Improvement Value $42,371 Tax Amount $4,475.4 Change Rate +0.024668% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $47,889 Land Value $7,439 Improvement Value $40,450 Tax Amount $4,367.66 Change Rate +0.025157% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $45,617 Land Value $7,086 Improvement Value $38,531 Tax Amount $4,260.48 Change Rate +0.011123% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $42,974 Land Value $6,675 Improvement Value $36,299 Tax Amount $4,213.61 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $40,626 Land Value $6,310 Improvement Value $34,316 Tax Amount $417,853.25 Change Rate +102.9529% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $37,690 Land Value $5,854 Improvement Value $31,836 Tax Amount $4,019.64 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,547 Land Value $5,366 Improvement Value $29,181 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,121 Land Value $5,300 Improvement Value $28,821 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,021 Land Value $5,440 Improvement Value $29,581 Tax Amount Change Rate Assessed CR Tax Rate