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627 Sherman Ave; Elgin, IL Property Details

627 Sherman Ave, Elgin, IL is a Residential General that was built in 1900. This property is currently Financed,Bank Sale and is not for sale. Our records show that 627 Sherman Ave has 2 bedrooms, and 1 bathroom, and a total of 844 square feet. The lot size of 627 Sherman Ave is 10,544 square feet.

Off market
627 Sherman Ave Elgin, IL 60120
$73,000 Listing Price
2 Beds
1 Baths
844 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1900
  • Purchase Price: $73,000
  • Open Loans / Balance: 1 / $47,751
  • Est. Equity / %: $188,249 / 79.77%
  • Gross Yield: 9.9%
  • APN: 06-24-229-021
  • Situs County: Kane
  • Length Of Ownership: 6 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 844/SqFt
  • Lot: 10,544/SqFt
  • Gross: 1,688/SqFt
  • Living: 844/SqFt
  • Basement: 844/SqFt
  • Building: 1,688/SqFt
  • Ground: 844/SqFt
  • Price Per Square Foot: $86.49

Legal Description

  • Description: SHERMANS ADDN SUB OF BLOCK 10 WEST 71.5 FT OF LOTS 1 & 2 BLOCK 6
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 / -88.26677
  • Subdivision: Shermans Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6748
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

627 Sherman Ave has 10 associated Taxes items

627 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 $56,916. The APN we've located for 627 Sherman Ave is 06-24-229-021.

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Taxes
  • Assessed Value:  $56,916
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-229-021
  • Assessed Land Value:  15152
  • Market Land Value:  45474
  • Tax Amount:  4342.16
  • Tax Year:  2025
  • Market Value:  170816
  • Market Year:  2025

Tax History

627 Sherman Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,916 Land Value $15,152 Improvement Value $41,764 Tax Amount $4,342.16 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $52,423 Land Value $13,956 Improvement Value $38,467 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $47,360 Land Value $12,608 Improvement Value $34,752 Tax Amount $4,037.22 Change Rate +0.078162% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $43,184 Land Value $11,496 Improvement Value $31,688 Tax Amount $3,744.54 Change Rate +0.039555% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $40,374 Land Value $10,748 Improvement Value $29,626 Tax Amount $3,602.06 Change Rate +0.061772% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $37,197 Land Value $10,261 Improvement Value $26,936 Tax Amount $3,392.5 Change Rate +0.486713% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $35,432 Land Value $9,774 Improvement Value $25,658 Tax Amount $2,281.88 Change Rate +0.49283% Assessed CR Tax Rate +0.064402%
Year 2018 Assessed Value $29,857 Land Value $9,208 Improvement Value $20,649 Tax Amount $1,528.56 Change Rate -0.991373% Assessed CR Tax Rate +0.051196%
Year 2017 Assessed Value $28,226 Land Value $8,705 Improvement Value $19,521 Tax Amount $177,175.7 Change Rate +62.441532% Assessed CR Tax Rate +6.277039%
Year 2016 Assessed Value $26,186 Land Value $8,076 Improvement Value $18,110 Tax Amount $2,792.74 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $24,001 Land Value $7,402 Improvement Value $16,599 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,705 Land Value $7,311 Improvement Value $16,394 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $27,299 Land Value $7,504 Improvement Value $19,795 Tax Amount Change Rate Assessed CR Tax Rate