521 S Central Street
Gilman, IL, 60938
$60,000
3 Beds
1 Baths
826 SqFt
0 Acres
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MLS #MRD12635881 image #0
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.

Property Details

Price:
$60,000
MLS #:
MRD12635881
Status:
Pending
Beds:
3
Baths:
1
Type:
Single Family
Neighborhood:
gilman
Listed Date:
May 5, 2026
Finished Sq Ft:
826
Year Built:
1920
GilmanGilman

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Schools

School District:
10

Interior

Bathrooms
1 Full Bathroom
Cooling
Window Unit(s)
Heating
Natural Gas

Exterior

Construction Materials
Aluminum Siding
Garage Spaces
2.5
Lot Features
Corner Lot
Parking Features
Yes, Detached, Garage
Parking Spots
25
Parking Total
2.5
Patio And Porch Features
Porch

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$1,944

Map

Community

Market Summary

Current real estate data for Single Family in Gilman as of May 17, 2026
12
Single Family Listed
233
Avg DOM
121
Avg $ / SqFt
$178,783
Avg List Price

Property Summary

    521 S Central Street Gilman IL is a Single Family for sale in Gilman, IL, 60938. It is listed for $60,000 and features 3 beds, 1 baths, and has approximately 826 square feet of living space, and was originally constructed in 1920. The current price per square foot is $73. The average price per square foot for Single Family listings in Gilman is $121. The average listing price for Single Family in Gilman is $178,783.

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