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$165,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 848 Sq. Ft.
  • Updated 1 day ago
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Charming Fully Remodeled Two-Bedroom Home in Machesney Park! You truly have to see this home to appreciate all the thoughtful updates and quality improvements throughout! Completely remodeled from the studs out, this charming two-bedroom home offers the feel of a practically brand-new property-just move in and enjoy. The extensive renovation includes all-new electrical wiring and electrical box, with each room on its own breaker, along with new lighting, quality drywall and insulation in the walls and ceilings, luxury vinyl flooring and carpet, and doors. The walls and ceilings have been professionally primed and are ready for your finishing touches. The updated eat-in kitchen features brand-new stainless-steel appliances, cabinetry, and countertops. The spacious bathroom includes a new toilet, medicine cabinet, and tub with a lip surround designed to minimize the need for caulking. The oversized bathroom also provides the convenience of an in-home laundry area, with the option to add a door for additional separation if desired. Additional updates include a new tankless water heater, a practically new, barely used furnace and central air system, and a new roof (within last 3 years). Step outside to enjoy the new quality-built deck overlooking the large, fully fenced backyard-perfect for relaxing, entertaining, gardening, or simply enjoying your own outdoor space. With so many major updates already completed, THERE'S LITTLE LEFT TO DO BUT UNPACK AND MAKE IT YOUR OWN!

Full Property Details for 332 Gilbert Terrace

General

  • Price: $165,000
  • Taxes: $2,421 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12754400
  • Updated: 9/9/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Other Features: School Bus Service, Commuter Bus

Parking

  • Total Spaces: 2
  • Parking Features: Off-Street

Location

  • Area: Machesney Park
  • County: Winnebago
  • Township: Harlem
  • Driving Directions: From IL 251 go west on Harlem Rd; turn right on Victory and then right on Gilbert Terrace. From IL RTE 2 go east on Harlem Rd; turn left on Victory and then right on Gilbert Terrace.

School Information

  • School District: 122
  • Elem School District: 122
  • Midd School District: 122
  • High School District: 122
  • Elementary School: Marquette Elementary School
  • Middle School: Harlem Middle School
  • High School: Harlem High School
  • Private School: Harlem High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Square Feet: 848
  • Sq. Ft. Source: Assessor
  • Year Built: 1954
  • Built Before 1978: Yes
  • Remodeled/Updated: 2026

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 160

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1954
  • Tax Amount: $2,421.84
  • Tax Year: 2025
  • Pays Sewer: Septic Tank

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 830351018

Listed by Keller Williams Realty Signature

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— 332 Gilbert Terrace —

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NMLS#: 1598647

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Schools serving 332 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 332 Gilbert Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/08/2026
Listed
$165,000
650%
MLS
8/30/2022
Sold
$22,000
—
Public Record
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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 332 Gilbert Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,422
6%
$31,557
10%
2024
$2,285
9%
$28,698
18%
2023
$2,101
100%
$24,341
10%
2022
-100%
$22,201
8%
2021
$681
—
$20,649
5%
2021
$681
-4%
$19,670
4%
2019
$713
-5%
$18,841
6%
2017
$747
5%
$17,723
2%
2016
$713
4%
$17,370
2%
2015
$687
-13%
$17,066
-6%
2018
$791
16%
$18,223
7%
2014
$681
-5%
$17,066
-4%
2013
$720
-17%
$17,789
-6%
2012
$865
—
$18,866
—
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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332 Gilbert Terrace, Machesney Park, IL 61115 (MLS# 12754400) is a Single Family property with 2 bedrooms and 1 full bathroom. 332 Gilbert Terrace is currently listed for $165,000 and was received on September 08, 2026. Want to learn more about 332 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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