Opportunity meets potential in this charming 2-bedroom, 1-bath home! Whether you’re a first-time homebuyer ready to make a space your own, looking to downsize, or an investor searching for your next rental property, this home offers plenty of possibilities. The functional layout features a comfortable living area, two bedrooms, and a full basement providing additional storage and utility space. Situated on a nice-sized lot. The property does need some TLC, making it a great opportunity to add your own personal touches and build equity along the way. With a little vision and creativity, this could become a cozy primary residence or a great addition to an investment portfolio. Bring your ideas and make this one your own!
Property Details
Price:
$75,000
MLS #:
MRD12771668
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Neighborhood:
gilman
Listed Date:
Sep 28, 2026
Finished Sq Ft:
720
See this Listing
Schools
School District:
10
Interior
Bathrooms
1 Full Bathroom
Cooling
None
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Other
Parking Features
Yes
Parking Spots
2
Parking Total
2
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$659
Map
Community
- Address314 W Second Street Gilman IL
- CityGilman
- CountyIroquois
- Zip Code60938
Market Summary
Current real estate data for Single Family in Gilman as of Oct 12, 2026
10
Single Family Listed
233
Avg DOM
93
Avg $ / SqFt
$168,060
Avg List Price
Property Summary
- 314 W Second Street Gilman IL is a Single Family for sale in Gilman, IL, 60938. It is listed for $75,000 and features 2 beds, 1 baths, and has approximately 720 square feet of living space.The current price per square foot is $104. The average price per square foot for Single Family listings in Gilman is $93. The average listing price for Single Family in Gilman is $168,060.
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Copyright 2026. All rights reserved.
314 W Second Street
Gilman, IL

