6 days on Rocket
#6252929, Listing office: RE/MAX ULTIMATE
Property details
About 514 Sherman St
Calling all investors! Don’t miss this 2-bedroom, 1-bath home with major updates already completed. The roof and siding were replaced in 2024, along with some replacement windows that were installed. Some of the interior has been framed and drywalled. This home features a welcoming foyer, a kitchen with a walk-in pantry and an adjoining dining area, a large living room, and a back utility room—ready for your finishing touches. The backyard is fully fenced-in and features a 1.5 car garage. This property has strong potential for a profitable flip or long-term rental. Finish it to your specs and maximize your return!
Highlights
Home typeSingle Family Residence
StatusActive
BasementYes
Lot size0.15 Acres
Year built1922
ParkingDetached, Garage
MLS #6253005
Garage1 space
Summary
- Full Bathrooms: 1
- Appliances: None
- Basement: Yes
- Interior: Pantry
- Total Bedroom Count: 2
- Garage Space: 1 space
- Parking: Detached, Garage
- Architectural Style: Ranch
- Heating: None
- Cooling: None
- List Price: $22,500
- Annual Tax Amount: $722
- Tax Year: 2023
- Year Built: 1922
- Stories: 1
- Lot Size: 0.15 Acres
- MLS Number: 6253005
- MLS Name: CentralIL
- Office Name: Keller Williams Realty - Danville
- Office Phone: (217) 356-6100
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 11:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 26, 2006 | Home Sold | $36,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $7,258 | $722 |
| 2022 | $6,426 | $683 |
| 2021 | $5,950 | $652 |
| 2020 | $5,748 | $311 |
| 2019 | $5,748 | $317 |
| 2017 | $5,621 | $311 |
History based on county public records data.
Nearby schools
2
South View Upper Elementary School
Public District 5-6
1.7 mi
•133 E 9th St
1
Edison Elementary School
Public District KG-4
2.0 mi
•2101 N Vermilion St
4
Mark Denman Elementary School
Public District KG-4
2.0 mi
•930 Colfax Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,969. The most common annual income of people living in Danville, IL is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
54%
<35k
40%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
17%
Single, with Kids
21%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
35%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races- UFC
Where do the neighbors shop?
Family Dollar
Stein Mart
Big Lots
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Burger King
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Rock
Contemporary Inspirational
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 514 Sherman St
The listing price of 514 Sherman St property is $22,500.
The property 514 Sherman St is a house located in Danville, Illinois, 61832.
Active Listing: 514 Sherman St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 Sherman St are: South View Upper Elementary School (GreatSchools Rating 2/10), Edison Elementary School (GreatSchools Rating 1/10), Mark Denman Elementary School (GreatSchools Rating 4/10), North Ridge Middle School (GreatSchools Rating 3/10), Westville Jr High School (GreatSchools Rating 3/10), Bismarck-Henning Jr High School (GreatSchools Rating 6/10), Danville High School (GreatSchools Rating 2/10), Westville High School (GreatSchools Rating 4/10), Salt Fork High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $722 (source: MLS/based on county public records data).
The last sale was on April 26, 2006 for $36,000 (source: MLS/tax record).
The property at 514 Sherman St has 2 bedrooms and 1 bathroom.
The year of construction for 514 Sherman St is 1922.
This home is located at 514 Sherman St in Danville, IL and zip code 61832. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $22,500.
In June 2025, from all listings sold in Danville, IL there were more than 15 sold above asking price, over 11 sold below and more than 2 were sold right at the asked price. In June 2025 in Danville, IL there were 5.6% less homes for sale than in May. In June 2025 median list price was $92,750 and the average listing age was 21 days.
From Rocket Homes Real Estate and based on county public records data.