514 Sherman Ave, Elgin, IL 60120 Property Records

Kane County property record for 514 Sherman Ave, Elgin, IL 60120

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,076 sqft · built 1900
Lot Size	0.186 acres (8,118 sqft)
Owner	2 Individual Names on File
Last Sale	$340,000 (Aug 2024)
Tax Bill	$7,041 (2025)
Deeds & Mortgages	May 2026 Mortgage Jul 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`06-24-202-016`

Property Details

APN / Parcel Number

Primary APN	`06-24-202-016`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	2,076 sqft Living Area
Gross Area	3,264 sqft
Basement Area	1,188 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1900
Construction Type	Frame
Lot Area	8,118 sqft (0.186 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Location & Zoning

Street Address	514 SHERMAN AVE
City	ELGIN
State	IL
Zip	60120-6747
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SHERMANS ADDN EAST 41 FT 3 IN OF WEST 1/2 EXCEPT NORTH 2 RODS LOT 12 BLOCK 7
Legal Subdivision	SHERMANS ADDN
Legal Block	7
Legal Lot Number	12
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	4
Census Block	4000
Census Tract	851400

Owner

514 Sherman Ave is owned and occupied by two individuals who bought it in August 2024.

Source: Kane County records, as of July 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	514 SHERMAN AVE, ELGIN, IL 60120-6747
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 22, 2026	Deed of Trust, Mortgage · FHA Mortgage FREEDOM MORTGAGE CORPORATION
Jul 21, 2017	Quit Claim Deed, Transfer · Line of Credit FIRST STATE BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 12, 2024 · Amount on File
Deed Sale	Aug 12, 2024 · Amount on File
Prior Sale	Dec 21, 2012 · Amount on File
Deed Document Number	202428270
Prior Transfer Date	Sep 16, 1998
Prior Transfer Doc	0000100761
Record Updated	Sep 20, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Recording Date	May 22, 2026
Property Address	514 SHERMAN AVE, ELGIN, IL 60120-6747
Document Number	0000021113
Instrument Date	Apr 15, 2026
Instrument	202621113
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	CLOSING DEPARTMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants, 205
Address	514 SHERMAN AVE, ELGIN, IL 60120-6747

Mortgage

Document Number	0000021113,
Date	May 22, 2026
Instrument	202621113

Lender

Name	FREEDOM MORTGAGE CORPORATION

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	342 Months
Due	Nov 1, 2054

Interest

Rate	6.13%
Max Rate	-1%

July 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KANE IL
Recording Date	Jul 21, 2017
Property Address	514 SHERMAN AVE, ELGIN, IL 60120-6747
Document Number	0000037917
Instrument Date	Jul 18, 2017
Instrument	2017K037917
Transaction Type	Transfer
Record Updated	Aug 5, 2022

Transaction

Tax	$0.00
Amount Accuracy	Not Public Record
Additional	Quitclaim Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	823 HASTINGS ST, 823, ELGIN, IL 60120-8220

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	823 HASNTINGS ST, ELGIN, IL 60120-8220

Mortgage

Document Number	0000037918
Date	Jul 21, 2017
Instrument	2017K037918

Lender

Name	FIRST STATE BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	240 Months
Due	Jul 18, 2037

Mortgage

Document Number	0000037920
Date	Jul 21, 2017
Instrument	2017K037920

Lender

Name	FIRST STATE BANK
Type	Bank
Address	SAINT CHARLES, IL 60175

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	240 Months
Due	Jul 18, 2037

Tax Assessment & Valuation

The 2025 property tax bill for 514 Sherman Ave was $7,041, down 4.7% from the year before.

Source: Kane County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Kane County
County Subdivision	Elgin Township
Municipality	Elgin City
Unified School District	School District U-46 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$7,041.00 (-4.75%)	$100,293 (+8.57%) Land $13,255 Building $87,038	$300,999 (+8.57%) Land $39,781 Building $261,218
2024	$7,392.00	$92,377 Land $12,209 Building $80,168	$277,242 Land $36,642 Building $240,600
2022	$6,598.00 (+3.95%)	$76,097 (+6.96%) Land $10,057 Building $66,040	$228,291 (+6.96%) Land $30,171 Building $198,120
2021	$6,347.00	$71,146 Land $9,403 Building $61,743	$213,438 Land $28,209 Building $185,229

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 514 Sherman Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 8, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 514 Sherman Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ELGIN serves 114,797 people · EPA ID IL0894380
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	19 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 438 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T.

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