308 Gilbert Terrace Machesney Park, IL ^$ 127,500

308 Gilbert Terrace

^$ 127,500

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Recently Listed

308 Gilbert Terrace

Machesney Park, IL, 61115

^$ 127,500

Bedrooms3 Baths1.0 Sq 1,149

Monthly Estimate*

^$ 785

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 1

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 2

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 3

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 4

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 5

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 6

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 7

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 8

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 9

308 Gilbert Terrace, Machesney Park, IL 61115 - Image 10

Single Family Home for sale in Machesney Park, IL

for $127,500 with 3 bedrooms and 1 full bath. This 1,149 square foot home was built on a lot size of 0.18.

Welcome to this 3 bedroom, 1 bath ranch located in Machesney Park and situated within the desirable Harlem School District. This home offers a practical single-level layout with comfortable living spaces. Outside, youâll find a large yard with plenty of room to enjoy, along with an oversized 2-car garage featuring an attached workshopâperfect for storage, hobbies, projects, or extra workspace. Whether youâre looking for a solid investment property or a home with room to grow, this property offers excellent potential in a convenient location.

Single Family Active

Price

^$ 127,500

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,426

Style

Ranch

Lot Size

0.18

Town/City

Machesney Park

County/Region

Winnebago

MLS | Web ID

202602976

Features

Interior

Interior Features Window Treatments

Basement No

Bedroom 3 Level Main

Bedroom 2 Level Main

Fireplace No

Living Room Yes

Beds 3

Total Baths 1

Dining Room No

Living Room Width 15.2

Living Room Length 17.7

General

Road Frontage City/Town

Sewer City/Community

Heating Natural Gas

Kitchen Level Main

Cooling None

Ownership Type Fee Simple

Possession Closing

Roof Shingle

Water City/Community

Water Heater Gas

Garage 2

HOA Fee 0

Full Baths 1

Half Baths 0

Electric Circuit Breaker

Style Ranch

Topography City/Town

Class HOUSE

Type House

Parcel Number 0830351012

HUD No

Tax Year 2025

Status ACTIVE and AVAILABLE

Subdivision IL

Sale/Rent For Sale

Status Detail 0

Short Sale No

Primary City Machesney Park

Year Built 1952

High School Harlem High School

City MACHESNEY PARK

Taxes 2426

School District Harlem 122

Elementary School Machesney Elementary

Middle School Harlem Jr

Legal Description LIBERTY PARK SUB PT SW 1/4 SEC 30-45-2 LOT 012 BLOCK 004

DOM 1

Postal Code 61115

Price Per Sq Ft Total AG 110.97

Exterior

Exterior Aluminum

Lot Size Area 0.18

* Excluded Features

List By

Justin Sheley

Listing Agent

Coldwell Banker Real Estate Group

Broker

renewrockfordrentals@gmail.com

Affordability Calculator

$987

Per Month

Monthly Principal & Interest: $785
Monthly Property Taxes: $202
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Single family listings in Machesney Park, IL

Average List Price ^$229,734

Percent of Sale Price 80%

About Machesney Park, IL

22,780 Population

3% Since 2002

^$55,800 Median Income

40.74 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2632551 Elementary School

2138109 Middle School

Harlem High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/23/2026	$127,500		Listed Price

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308 Gilbert Terrace, Machesney Park, IL, 61115 is a Single Family Home for sale at $127,500 with 1,149 sqft and a lot size of 0.18. 308 Gilbert Terrace has 3 bedrooms and 1.0 baths. The property's zip code is 61115 which is in Machesney Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2026.

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308 Gilbert Terrace

Single Family Home for sale in Machesney Park, IL

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