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407 Sherman Ave; Elgin, IL Property Details

407 Sherman Ave, Elgin, IL is a Residential General that was built in 1933. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 407 Sherman Ave has 1 bedroom, and 1 bathroom, and a total of 440 square feet. The lot size of 407 Sherman Ave is 5,009 square feet.

Off market
407 Sherman Ave Elgin, IL 60120
$41,079 Estimated Value
1 Beds
1 Baths
440 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1933
  • Open Loans / Balance: 1 / $50,000
  • Est. Equity / %: $127,000 / 71.75%
  • Gross Yield: 9.159%
  • APN: 06-24-204-010
  • Situs County: Kane
  • Length Of Ownership: 3 years, 6 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 440/SqFt
  • Lot: 5,009/SqFt
  • Gross: 680/SqFt
  • Living: 440/SqFt
  • Basement: 240/SqFt
  • Building: 680/SqFt
  • Ground: 440/SqFt

Legal Description

  • Description: GEORGE E BOWENS SUB LOT 7
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: 42.028984 / -88.27076
  • Subdivision: George E Bowens Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6744
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

407 Sherman Ave has 10 associated Taxes items

407 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 $41,079. The APN we've located for 407 Sherman Ave is 06-24-204-010.

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Taxes
  • Assessed Value:  $41,079
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-204-010
  • Assessed Land Value:  12728
  • Market Land Value:  38199
  • Tax Amount:  3133.96
  • Tax Year:  2025
  • Market Value:  123286
  • Market Year:  2025

Tax History

407 Sherman Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,079 Land Value $12,728 Improvement Value $28,351 Tax Amount $3,133.96 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $37,836 Land Value $11,723 Improvement Value $26,113 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $34,182 Land Value $10,591 Improvement Value $23,591 Tax Amount $2,913.86 Change Rate +0.078161% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $31,168 Land Value $9,657 Improvement Value $21,511 Tax Amount $2,702.62 Change Rate +0.039557% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $29,140 Land Value $9,029 Improvement Value $20,111 Tax Amount $2,599.78 Change Rate +0.059474% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $26,905 Land Value $8,620 Improvement Value $18,285 Tax Amount $2,453.84 Change Rate +0.025133% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $25,629 Land Value $8,211 Improvement Value $17,418 Tax Amount $2,393.68 Change Rate +0.102027% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $22,153 Land Value $7,735 Improvement Value $14,418 Tax Amount $2,172.07 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $20,942 Land Value $7,312 Improvement Value $13,630 Tax Amount $215,396.11 Change Rate +102.95064% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $19,429 Land Value $6,784 Improvement Value $12,645 Tax Amount $2,072.1 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $17,808 Land Value $6,218 Improvement Value $11,590 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $17,588 Land Value $6,141 Improvement Value $11,447 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $20,125 Land Value $6,303 Improvement Value $13,822 Tax Amount Change Rate Assessed CR Tax Rate