521 S Central Street Gilman, IL $ 60,000
521 S Central Street
$ 60,000
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521 S Central Street

Gilman, IL, 60938
$ 60,000
Bedrooms3 Baths1.0 Sq 826

Monthly Estimate*

$ 369

521 S Central Street, Gilman, IL 60938 - Image 1
521 S Central Street, Gilman, IL 60938 - Image 2
521 S Central Street, Gilman, IL 60938 - Image 3
521 S Central Street, Gilman, IL 60938 - Image 4
521 S Central Street, Gilman, IL 60938 - Image 5
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521 S Central Street, Gilman, IL 60938 - Image 7
521 S Central Street, Gilman, IL 60938 - Image 8
521 S Central Street, Gilman, IL 60938 - Image 9

Single Family Home for sale in Gilman, IL

for $60,000 with 3 bedrooms and 1 full bath. This 826 square foot home was built in 1920.

Opportunity awaits in this 3 bedroom, 1 bath home situated on a corner lot in Gilman. Featuring a main floor bedroom and full basement, this property offers a functional layout with great potential for renovation or investment. The home includes a spacious covered front porch, ideal for relaxing or enhancing curb appeal, along with a 2.5 car detached garage providing ample storage and parking. Interior features suggest the possibility of original woodwork that could be restored to highlight the home's character. With solid bones and a desirable lot, this property is well-suited for investors, rehabbers, or buyers looking to build equity through updates and improvements. Property is being sold as-is.

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Single Family Active

Price

$ 60,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,944

Style

Year Built

1920

Town/City

Gilman

County/Region

Iroquois

MLS | Web ID

12635881

Features
General
Living Area 826
Sewer Public Sewer
Heating Natural Gas
Cooling Window Unit(s)
Possession Closing
Zoning SINGL
Garage Spaces 2.5
Association Fee Includes None
Construction Materials Aluminum Siding
Year Built 1920
Township Douglas
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Iroquois
New Construction N
Property Type Residential Detached Single
Total Rooms 6
Full Baths 1
Status Active
Directions Crescent to Wenona to Central on corner
City Gilman
High School District 10
MLS Area Gilman
Tax Annual Amount 1944
Standard Status Active
Middle/Junior School District 10
Elementary School District 10
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Interior
Basement Unfinished Full
Half Baths 0
Total Bedrooms 3
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 3
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Exterior
Parking Features Yes Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 2.5
Lot Dimensions 7079
Waterfront Y/N N
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* Excluded Features
List By
Mccolly Bennett Real Estate

Broker

kelly@kellywinterroth.com

Email

Affordability Calculator

$531
Per Month
70%
30%
0%
Monthly Principal & Interest
$369
Monthly Property Taxes
$162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1540890 Elementary School
1539436 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$60,000 Listed Price

Map


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521 S Central Street, Gilman, IL, 60938 is a Single Family Home for sale at $60,000 with 826 sqft. 521 S Central Street has 3 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 60938 which is in Gilman, IL