No photo available
$79,000 Just Listed
Property Description
Calling All Investors & Rehabbers! This 1.5 story home offers tremendous potential but requires a substantial renovation. The property is currently not habitable in its present condition and is being sold strictly as-is, where-is. Features include a spacious living and dining area, large primary bedroom, eat-in kitchen, unfinished basement, and approximately 1,246 square feet above grade. Situated on a 40 x 155 lot, the property backs to Hickory Creek, which functions as a canal in this location, and offers convenient access to Interstate 80, shopping, restaurants, and parks. The property is located in Flood Zone AE; however, the flood zone impacts the rear portion of the lot and does not affect the house itself. The detached 2-car garage is in poor condition and will most likely need to be torn down. Bring your vision, contractor, and imagination. This is a project property with significant upside for the right buyer.
Full Property Details
Full Property Details for 514 Sherman St
General
- Price: $79,000
- Taxes: $3,328 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12673066
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Yes, Detached, Garage
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Richards St. north of I-8o - E Fifth Ave. to Sherman St. south to home.
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 86
- High School District: 204
- Elementary School: Edna Keith Elementary School
- Middle School: Washington Junior High School
- High School: Joliet West High School
- Private School: Joliet West High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Square Feet: 1,246
- Sq. Ft. Source: Other
- Year Built: 1930
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 155
Water Features
- Water Front: Yes
- Water Front Name: HICKORY CREEK
- Water Front View: Back of Property
Financial Considerations
- Assessment Year: 1930
- Tax Amount: $3,328.9
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007153130140000
Listed by Platinum Partners Realtors
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 514 Sherman St
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Edna Keith Elementary School 400 4th Avenue, Joliet, IL 60433 | K-5 | 0.2 mi |
Washington Jr High & Academy Prgm 402 Richards Street, Joliet, IL 60433 | 6-8 | 0.2 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 514 Sherman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,329
9%
$37,925
13%
2023
$3,051
8%
$33,696
11%
2022
$2,815
—
$30,480
7%
2022
$2,815
11%
$28,467
5%
2020
$2,538
5%
$27,035
8%
2019
$2,414
4%
$25,126
8%
2018
$2,314
6%
$23,218
10%
2017
$2,180
1%
$21,109
6%
2016
$2,149
3%
$19,997
7%
2015
$2,081
145%
$18,750
1%
2014
$850
-14%
$18,650
-9%
2013
$993
-27%
$20,535
-16%
2012
$1,354
—
$24,305
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 514 Sherman St
514 Sherman Street, Joliet, IL 60433 (MLS# 12673066) is a Single Family property with 3 bedrooms and 1 full bathroom. 514 Sherman Street is currently listed for $79,000 and was received on June 13, 2026. Want to learn more about 514 Sherman Street? Do you have questions about finding other Single Family real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.
