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406 Sherman Ave; Elgin, IL Property Details

406 Sherman Ave, Elgin, IL is a Single Family that was built in 1931. This property is currently Financed and is not for sale. Our records show that 406 Sherman Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,455 square feet. The lot size of 406 Sherman Ave is 6,068 square feet.

Off market
406 Sherman Ave Elgin, IL 60120
$137,000 Listing Price
3 Beds
2 Baths
1,455 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1931
  • Purchase Price: $137,000
  • Open Loans / Balance: 1 / $113,705
  • Est. Equity / %: $135,295 / 54.34%
  • Inv. Liens / Amount: 1 / $12,370
  • Gross Yield: 8.284%
  • APN: 06-24-202-006
  • Situs County: Kane
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Stories: 5
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,455/SqFt
  • Lot: 6,068/SqFt
  • Gross: 2,425/SqFt
  • Living: 1,455/SqFt
  • Basement: 970/SqFt
  • Building: 2,425/SqFt
  • Price Per Square Foot: $94.16

Legal Description

  • Description: SHERMANS ADDN WEST 37 FT EAST 103 FT LOT 8 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: 42.02964 / -88.27085
  • Subdivision: Shermans Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6745
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

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

Taxes

406 Sherman Ave has 10 associated Taxes items

406 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 $86,942. The APN we've located for 406 Sherman Ave is 06-24-202-006.

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Taxes
  • Assessed Value:  $86,942
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-202-006
  • Assessed Land Value:  11749
  • Market Land Value:  35261
  • Tax Amount:  6022.54
  • Tax Year:  2025
  • Market Value:  260930
  • Market Year:  2025

Tax History

406 Sherman Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,942 Land Value $11,749 Improvement Value $75,193 Tax Amount $6,022.54 Change Rate Assessed CR Tax Rate +0.069271%
Year 2024 Assessed Value $80,080 Land Value $10,822 Improvement Value $69,258 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $72,346 Land Value $9,777 Improvement Value $62,569 Tax Amount $5,485.2 Change Rate +0.054883% Assessed CR Tax Rate +0.075819%
Year 2022 Assessed Value $65,967 Land Value $8,915 Improvement Value $57,052 Tax Amount $5,199.82 Change Rate +0.04684% Assessed CR Tax Rate +0.078825%
Year 2021 Assessed Value $61,675 Land Value $8,335 Improvement Value $53,340 Tax Amount $4,967.16 Change Rate +0.079465% Assessed CR Tax Rate +0.080538%
Year 2020 Assessed Value $56,453 Land Value $7,957 Improvement Value $48,496 Tax Amount $4,601.5 Change Rate -0.083808% Assessed CR Tax Rate +0.08151%
Year 2019 Assessed Value $53,775 Land Value $7,580 Improvement Value $46,195 Tax Amount $5,022.42 Change Rate +0.141591% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $44,870 Land Value $7,141 Improvement Value $37,729 Tax Amount $4,399.49 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $42,418 Land Value $6,751 Improvement Value $35,667 Tax Amount $436,284.62 Change Rate +102.95427% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $39,352 Land Value $6,263 Improvement Value $33,089 Tax Amount $4,196.89 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $36,070 Land Value $5,741 Improvement Value $30,329 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,625 Land Value $5,670 Improvement Value $29,955 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $41,990 Land Value $5,820 Improvement Value $36,170 Tax Amount Change Rate Assessed CR Tax Rate