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514 Sherman Ave; Elgin, IL Property Details

514 Sherman Ave, Elgin, IL is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 514 Sherman Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,076 square feet. The lot size of 514 Sherman Ave is 8,118 square feet.

Off market  •   Pre Probate ✓
514 Sherman Ave Elgin, IL 60120
$31,500 Listing Price
3 Beds
2 Baths
2,076 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1900
  • Purchase Price: $340,000
  • Open Loans / Balance: 1 / $331,985
  • Est. Equity / %: $3,015 / 0.9%
  • Gross Yield: 8.801%
  • APN: 06-24-202-016
  • Situs County: Kane
  • Length Of Ownership: 2 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,076/SqFt
  • Lot: 8,118/SqFt
  • Gross: 3,264/SqFt
  • Living: 2,076/SqFt
  • Basement: 1,188/SqFt
  • Building: 3,264/SqFt
  • Price Per Square Foot: $163.78

Legal Description

  • Description: SHERMANS ADDN EAST 41 FT 3 IN OF WEST 1/2 EXCEPT NORTH 2 RODS LOT 12 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: 42.0296 / -88.26849
  • Subdivision: Shermans Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6747
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

514 Sherman Ave has 10 associated Taxes items

514 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 $100,293. The APN we've located for 514 Sherman Ave is 06-24-202-016.

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Taxes
  • Assessed Value:  $100,293
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-202-016
  • Assessed Land Value:  13255
  • Market Land Value:  39781
  • Tax Amount:  7041.1
  • Tax Year:  2025
  • Market Value:  300999
  • Market Year:  2025

Tax History

514 Sherman Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $100,293 Land Value $13,255 Improvement Value $87,038 Tax Amount $7,041.1 Change Rate Assessed CR Tax Rate +0.070205%
Year 2024 Assessed Value $92,377 Land Value $12,209 Improvement Value $80,168 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $83,456 Land Value $11,030 Improvement Value $72,426 Tax Amount $7,114.22 Change Rate +0.07816% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $76,097 Land Value $10,057 Improvement Value $66,040 Tax Amount $6,598.48 Change Rate +0.03955% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $71,146 Land Value $9,403 Improvement Value $61,743 Tax Amount $6,347.44 Change Rate +0.068855% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $65,113 Land Value $8,977 Improvement Value $56,136 Tax Amount $5,938.54 Change Rate +0.025152% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $62,024 Land Value $8,551 Improvement Value $53,473 Tax Amount $5,792.84 Change Rate +0.179692% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $50,081 Land Value $8,056 Improvement Value $42,025 Tax Amount $4,910.47 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $47,345 Land Value $7,616 Improvement Value $39,729 Tax Amount $486,960.62 Change Rate +102.95168% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $43,924 Land Value $7,066 Improvement Value $36,858 Tax Amount $4,684.49 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $40,261 Land Value $6,477 Improvement Value $33,784 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $39,764 Land Value $6,397 Improvement Value $33,367 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $46,856 Land Value $6,566 Improvement Value $40,290 Tax Amount Change Rate Assessed CR Tax Rate