CONTRACT SALE OPTIONS! Charming Fixer-Upper in Gilman, IL - Great Investment Opportunity! Due to a new job, the owner is moving on from this project, offering you a chance to create your dream home. This cozy 3-bedroom, 1-bath home with a full basement (which includes a shower and potential for an additional bathroom) and a detached 1-car garage is located on a corner lot in the heart of Gilman. With 996 square feet of potential, this property is a true diamond in the rough. It's situated in a quiet neighborhood, close to local amenities and schools. **Investment Potential:** The owner estimates an After Repair Value (ARV) of 135k with a remodel cost of approx 25k-ideal for investors or DIY enthusiasts looking for a great opportunity. Several nearby properties are also being renovated, providing strong comparables. Key updates include professionally replaced electrical systems and paid finishes (lights, switches, etc.), offering a solid foundation for your renovations. The spacious living area and functional kitchen layout are ready for your design ideas. Plus, the large backyard is perfect for gardening or outdoor gatherings. Bring your vision and transform this house into a beautiful home! Whether you're looking to flip or invest in a rental property, this is a must-see opportunity in Gilman. Don't miss out-schedule your viewing today!
Active
Price cut: $5K (4/7)
$49,900
104 N Douglas St, Gilman, IL 60938
3beds
996sqft
Est.:
Single Family Residence
Built in 1900
7,500 Square Feet Lot
$-- Zestimate®
$50/sqft
$-- HOA
What's special
Gardening or outdoor gatheringsCorner lotFunctional kitchen layoutLarge backyardFull basement
- 210 days
- on Zillow |
- 332 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 10:07pm
Listing courtesy of:
Daniel Gordon 217-493-5956,
RE/MAX REALTY ASSOCIATES-CHA,
Bobbi Gordon 217-493-5959,
RE/MAX REALTY ASSOCIATES-CHA
Source: MRED as distributed by MLS GRID,MLS#: 12175573

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10X9
Bedroom 3
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9X9
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Living room
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Heating
- Natural Gas, Electric, Forced Air
Cooling
- Central Air
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 996
- Total interior livable area: 996 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 7,500 Square Feet
- Dimensions: 50 X 150
- Features: Corner Lot
Details
- Parcel number: 16314810090000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Gilman
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $62,100
- Annual tax amount: $1,138
- Date on market: 9/28/2024
- Ownership: Fee Simple
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