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418 Sherman Ave; Elgin, IL Property Details

418 Sherman Ave, Elgin, IL is a Single Family that was built in 1900. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 418 Sherman Ave has 6 bedrooms, and 3 bathrooms, and a total of 2,996 square feet. The lot size of 418 Sherman Ave is 17,424 square feet.

Off market
418 Sherman Ave Elgin, IL 60120
$122,972 Estimated Value
6 Beds
3 Baths
2,996 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $228,707
  • Open Loans / Balance: 1 / $65,187
  • Est. Equity / %: $278,813 / 81.05%
  • Gross Yield: 14.1%
  • APN: 06-24-202-007
  • Situs County: Kane
  • Length Of Ownership: 14 years, 5 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 2
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,996/SqFt
  • Lot: 17,424/SqFt
  • Gross: 4,408/SqFt
  • Living: 2,996/SqFt
  • Basement: 1,412/SqFt
  • Building: 4,408/SqFt
  • Price Per Square Foot: $76.34

Legal Description

  • Description: SHERMANS ADDN EAST 4 RODS 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: 42.029453 / -88.27057
  • Subdivision: Shermans Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6892
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

418 Sherman Ave has 10 associated Taxes items

418 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 $122,972. The APN we've located for 418 Sherman Ave is 06-24-202-007.

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Taxes
  • Assessed Value:  $122,972
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-202-007
  • Assessed Land Value:  19321
  • Market Land Value:  57986
  • Tax Amount:  8771.3
  • Tax Year:  2025
  • Market Value:  369064
  • Market Year:  2025

Tax History

418 Sherman Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $122,972 Land Value $19,321 Improvement Value $103,651 Tax Amount $8,771.3 Change Rate Assessed CR Tax Rate +0.071328%
Year 2024 Assessed Value $113,265 Land Value $17,796 Improvement Value $95,469 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $102,326 Land Value $16,077 Improvement Value $86,249 Tax Amount $8,040.84 Change Rate +0.062176% Assessed CR Tax Rate +0.078581%
Year 2022 Assessed Value $93,303 Land Value $14,659 Improvement Value $78,644 Tax Amount $7,570.16 Change Rate +0.044552% Assessed CR Tax Rate +0.081135%
Year 2021 Assessed Value $87,232 Land Value $13,705 Improvement Value $73,527 Tax Amount $7,247.28 Change Rate +0.074779% Assessed CR Tax Rate +0.083081%
Year 2020 Assessed Value $79,934 Land Value $13,084 Improvement Value $66,850 Tax Amount $6,743.04 Change Rate +0.029308% Assessed CR Tax Rate +0.084358%
Year 2019 Assessed Value $76,142 Land Value $12,463 Improvement Value $63,679 Tax Amount $6,551.04 Change Rate +1.044121% Assessed CR Tax Rate +0.086037%
Year 2018 Assessed Value $38,858 Land Value $11,741 Improvement Value $27,117 Tax Amount $3,204.82 Change Rate -0.989862% Assessed CR Tax Rate +0.082475%
Year 2017 Assessed Value $36,734 Land Value $11,099 Improvement Value $25,635 Tax Amount $316,110.41 Change Rate +85.97422% Assessed CR Tax Rate +8.60539%
Year 2016 Assessed Value $34,079 Land Value $10,297 Improvement Value $23,782 Tax Amount $3,634.53 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $31,236 Land Value $9,438 Improvement Value $21,798 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,850 Land Value $9,321 Improvement Value $21,529 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $51,691 Land Value $9,567 Improvement Value $42,124 Tax Amount Change Rate Assessed CR Tax Rate