Date
Details
Price
Change
Source
5/05/2026
Listed
$60,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 521 S Central St
General
- Price: $60,000
- Taxes: $1,944 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12635881
- Updated: 5/5/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: Gilman
- County: Iroquois
- Township: Douglas
- Driving Directions: Crescent to Wenona to Central on corner
School Information
- School District: 10
- Elem School District: 10
- Midd School District: 10
- High School District: 10
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 826
- Sq. Ft. Source: Assessor
- Year Built: 1920
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 7079
- Lot Features: Corner Lot
- Zoning: SINGL
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $1,944
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 24061540050000
Listed by McColly Bennett Real Estate
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— 521 S Central St —
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Schools
Schools serving 521 S Central St
School District:Iroquois West Community Unit School District 10
| Name | Grades | Distance |
|---|---|---|
Iroquois West Elementary School/Gilman 215 East 2nd Street, Gilman, IL 60938 | 1-3 | 0.5 mi |
Iroquois West Elementary Sch/Danforth PO Box 185, Danforth, IL 60930 | PK-K | 4.3 mi |
Iroquois West Elementary Sch/Thawville PO Box 99, Thawville, IL 60968 | 4-5 | 8.7 mi |
Iroquois West Middle School 303 North Evergreen Street, Onarga, IL 60955 | 6-8 | 3.2 mi |
Iroquois West High School 529 East 2nd Street, Gilman, IL 60938 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 521 S Central St
Tax History
Tax History for 521 S Central St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,944
20%
$35,840
6%
2023
$1,614
3%
$33,900
1%
2022
$1,564
42%
$33,570
17%
2021
$1,098
-8%
$28,700
7%
2020
$1,190
—
$26,730
3%
2020
$1,190
-51%
$25,850
3%
2019
$2,417
24070%
$25,170
2%
2017
$10
—
$24,720
—
2016
$10
—
$24,720
1%
2014
$10
—
$24,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 521 S Central St
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,000Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,326Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,173Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 2Total Baths
- 1,056Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 1,350Sq. Ft.
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 2Total Baths
- 1,549Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 920Sq. Ft.
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521 S Central Street, Gilman, IL 60938 (MLS# 12635881) is a Single Family property with 3 bedrooms and 1 full bathroom. 521 S Central Street is currently listed for $60,000 and was received on May 05, 2026. Want to learn more about 521 S Central Street? Do you have questions about finding other Single Family real estate for sale in Gilman? You can browse all Gilman real estate or contact a Coldwell Banker agent to request more information.