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$127,500 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,149 Sq. Ft.
  • 2 Car Garage
  • Updated 14 hours ago
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Earnest money held by Title Underwriters. Closing at Title Underwriters on Water St. Lockbox Code 2211 Please reach out to Justin Sheley with any questions: 815-978-8639 Welcome to this 3 bedroom, 1 bath ranch located in Machesney Park and situated within the desirable Harlem School District. This home offers a practical single-level layout with comfortable living spaces. Outside, you'll find a large yard with plenty of room to enjoy, along with an oversized 2-car garage featuring an attached workshop-perfect for storage, hobbies, projects, or extra workspace. Whether you're looking for a solid investment property or a home with room to grow, this property offers excellent potential in a convenient location.

Full Property Details for 308 Gilbert Terrace

General

  • Price: $127,500
  • Taxes: $2,426 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 2606
  • MLS ID: 202602976
  • Updated: 5/22/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Window Treatments
  • Appliances: Refrigerator, Stove/Cooktop

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage Spaces: 2
  • Garage Description: Detached

Location

  • Area: Winnebago County
  • County: Winnebago
  • Subdivision: IL

School Information

  • School District: Harlem 122
  • Elementary School: Machesney Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Heating & Cooling

  • Cooling Type: None
  • Water Heater: Gas

Utilities

  • Sewer: City/Community
  • Water: City/Community

Structural Information

  • Architectural Style: Ranch
  • Exterior Const.: Aluminum
  • Roof: Shingle
  • Square Feet: 1,149
  • Year Built: 1952

Lot Features

  • Frontage: City/Town

Water Features

  • Water Front Desc.: City/Community

Financial Considerations

  • Price Per Sq. Ft.: $110.97
  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $2,426
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LIBERTY PARK SUB PT SW 1/4 SEC 30-45-2 LOT 012 BLOCK 004

Listed by Coldwell Banker Real Estate Group

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Listing agent

— 308 Gilbert Terrace —

  • Coldwell Banker Real Estate Group

Cell: 630-341-6039

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 308 Gilbert Terrace

School District:Harlem Unit School District 122
NameGradesDistance
Marquette Elementary School, Machesney Park, IL
8500 Victory Lane, Machesney Park, IL 61115
1-30.2 mi
Donald C Parker Early Educ Center
808 Harlem Road, Machesney Park, IL 61115
PK-K0.5 mi
Machesney Elementary School
8615 North 2nd Street, Machesney Park, IL 61115
4-60.6 mi
Harlem Middle School
735 Windsor Road, Loves Park, IL 61111
7-81.3 mi
Harlem High School
9229 North Alpine Road, Machesney Park, IL 61115
9-121.9 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 308 Gilbert Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$127,500
-49.88%
MLS
7/19/2019
Sold
$254,400
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 308 Gilbert Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,812
100%
$28,758
13%
2023
100%
$25,540
10%
2022
-100%
$23,294
8%
2021
$2,044
—
$21,665
—
2021
$2,044
—
$21,670
4%
2019
$2,049
-7%
$20,756
3%
2018
$2,200
46%
$20,075
3%
2017
$1,503
2%
$19,524
2%
2016
$1,470
-31%
$19,136
2%
2015
$2,130
-5%
$18,801
-6%
2014
$2,243
2%
$19,987
-4%
2013
$2,208
3%
$20,833
-5%
2012
$2,148
—
$22,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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308 Gilbert Terrace, Machesney Park, IL 61115 (MLS# 202602976) is a Single Family property with 3 bedrooms and 1 full bathroom. 308 Gilbert Terrace is currently listed for $127,500 and was received on May 22, 2026. Want to learn more about 308 Gilbert Terrace? Do you have questions about finding other Single Family real estate for sale in Machesney Park? You can browse all Machesney Park real estate or contact a Coldwell Banker agent to request more information.

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