251 Sherman Avenue
251 Sherman Avenue
$850,000
3
2
1
3,750
3,750
$227
Contingent
Description
This 3 bedroom, 2 1/2 bath, with approx. 3750sf home of above grade living space sits on 13+ prime acres of well manicured grounds with mature trees throughout offering a unique opportunity to make this your own residence or purchase as an investment. The property is currently zoned R-1 for possible subdividing for a roughly 30 SFH development. Sellers attorney is in discussions with city for re-zoning consideration for multi family or assisted living facility. Prospective buyers do your due diligence....This 3 bedroom, 2 1/2 bath, with approx. 3750sf home of above grade living space sits on 13+ prime acres of well manicured grounds with mature trees throughout offering a unique opportunity to make this your own residence or purchase as an investment. The property is currently zoned R-1 for possible subdividing for a roughly 30 SFH development. Sellers attorney is in discussions with city for re-zoning consideration for multi family or assisted living facility. Prospective buyers do your due diligence. Note that the inlay lot currently brings in roughly $2500/month in rental income from the primary residence and rental of garages and barn (this is well under market value) creating an outstanding buy and hold opportunity. North frontage is 409.72' on Sherman Ave, east is 1370.60', south is 426.31' on Montgomery Road and west is 1483.61'. Note that water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. Do not disturb tenants. Appointment required.
- Listed by Frank Commisso • @properties Christie's International Real Estate
Property Details for 251 Sherman Avenue
Area
Montgomery
TownshipAurora
OwnershipFee Simple
Num Of Garage Spaces8.0
Num Of Parking Spaces18.0
Num of Interior Fireplaces4
Heat/FuelNatural Gas
Location
LISTING UPDATED: 04/28/2024 05:34 PM
Property Details for 251 Sherman Avenue
Status | Contingent |
---|---|
MLS # | 11990858 |
Days on Market | 61 |
Taxes | $21,310 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Detached Single / 1 Story |
Year Built | 1958 |
Lot Size | 13.36 AC / 581,961 SF |
County | Kane County |
Location
Building Information for 251 Sherman Avenue
Stories-Year Built1958Building Size-Lot Size13.36 AC / 581,961 SF
Payment Calculator
$6,415 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 251 Sherman Avenue
Property History for 251 Sherman Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 251 Sherman Avenue
Taxable ValueLand$110,246Additions$154,439Total$264,685
Tax Record2022$21,310 ($1,776 / month)
Home Facts
Beds6Total Finished SqFt3,750 SqFtAbove Grade Finished SqFt3,750 SqFtStories1Lot Size581,962 SqFtStyleSingle Family ResidenceYear Built1958CountyKANEAPN15-33-426-001Fireplace TypeHas Fireplace
Schools near 251 Sherman Avenue
This home is within Aurora West Community Unit School District 129.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 12 |
Rating | School | Distance |
---|---|---|
Nicholson Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
West Aurora High School Public9 to 12 | ||
Hope D Wall Tmh Child Development Center PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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