204 W 2nd Street

Gilman, IL
$ 129,900 Beds 1 Baths 1 Sq 2,240
Monthly Estimate* How much can I afford?

Originally The Gilman Monument Works, and once was Frey Hybrid Co. This property has also been a residence. Zoned commercial, yet code allows for all residential uses too. Currently owner uses as residence and for his art studio. Phenomenal historic well built building with full basement with poured concrete walls to ground level. Thick 3" x 12" floor joists 9.5"-10" on center. While keeping some of the historic relevance, owner started the rehab in 2001 with upgrades to electric, plumbing, new windows, walls (so much insulation!), kitchen, bath, lighting and flooring. Great for artist studio and gallery, woodworking or insurance. So many options. The building has a loading dock and a ramp to more storage area 23.6' x 45. Roof over loading dock has asphalt shingles, 2020. Main brick building has a roof with white polymer with cloth underlayment new in 2018. There is a heavy tin cap surrounding the roof's top edge with steel siding sloping down to white roof coating. There is a full basement for even more storage. Owner is knowledgeable and so appreciative of the history the building offers. He was careful to keep and restore with various types of 100 year old + maple and Douglas fir woods to keep the original ambiance. Some ceilings soar to 14 feet high, some 12' and some 8', 9' or 10' high. Please note that the front of the building has gas forced air heat. The rec room and great room are not heated. You could add electric heat for your comfort. The whole house fan works well for cooling. Call today for your private appointment to view this amazing building. Also listed as MLS#11143473

Single Family

  • Price
  • $ 129,900
  • Lot Size
  • 0.482 Acres
  • Bedrooms
  • 1
  • Sqr Footage
  • 2,240
  • Full Bathrooms
  • 1
  • Year Built
  • 1889
  • Half Bathrooms
  • 0
  • City, Zip
  • Gilman
  • Taxes
  • $ 93
  • County
  • IROQUOIS
  • Style
  • Area
  • Gilman
  • MLS#
  • 11143491
  • Zip
  • 60938
Listing Provided by: Speckman Realty Real Living
Data Source: Midwest Real Estate Data (MRED)

Features

General

Additional Parcels Y/N Yes
Association Fee Includes None
Basement Full
City Gilman
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Cooling None
County Iroquois
Days on Market 179
Directions I-57 to exit 283, Gilman exit (US 24), E on 24 to S. Crescent, turn lL (n). From Cres., turn L to Ce
Electric Circuit Breakers, 200+ Amp Service
Elementary School District 10
HOA Fee Frequency Not Applicable
Heating Natural Gas, Forced Air
High School District 10
Interior Features Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s)
MLS Area Gilman
Middle/Junior School District 10
New Construction No
Ownership Fee Simple
Possession Closing
Property Type Detached Single
Property Type Residential
Roof Other
Sewer Public Sewer
Standard Status Active
Status Active
Street Name 2nd
Tax Annual Amount 93.32
Tax Year 2020
Total Rooms 7
Township Douglas
Year Built 1889
Zoning OTHER

Interior Features

Basement Unfinished
Bedrooms Possible 1
Full Baths 1
Living Area 2240
Livingareasource Assessor
Room Type Great Room, Office, Recreation Room
Street Suffix Street
Total Baths 1
Total Bedrooms 1

Exterior Features

Exterior Steel Siding, Brick
Foundation Details Concrete Perimeter
Lot Dimensions 197.77X187.44X22.08
Lot Features Corner Lot
Lot Size Acres 0.482
Other Equipment Ceiling Fan(s)
Parking Features Driveway
Total Parking 13
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Dekalb, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/2/2021 Listed $165,000
7/29/2021 7% - $155,000
9/9/2021 17% - $129,900

Property vs Zip Code Average in 60938

Price
AVG $130K
$130K
Taxes
AVG $93
$93
Visits
AVG 48
48
Year Built
AVG 1889
1889
Walkscore
AVG 46
46
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

204 W 2nd Street Gilman, IL is a Single Family Home for sale at $129900 with 2240 sqft and a lot size of 0.482 Acres Acre(s). 204 W 2nd Street Gilman has 1 bedrooms, 1 baths and was built in 1889. The property's zip code is 60938 which is in Gilman, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.