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    Gilman, IL Commercial Real Estate for Sale

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    Crescent City, IL Clifton, IL Watseka, IL
    Historic Commercial Structure in Gilman
    $195,000
    29,216 SF

    Historic Commercial Structure in Gilman

    203 W 2nd St, Gilman, IL 60938

    Oldest commercial building in Gilman, suitable for various businesses.

    • Oldest surviving commercial structure in Gilman
    • Huge stone structure suitable for various businesses
    • Potential for banquet hall, restaurant, or motel
    • Historic flax mill conversion opportunity
    • Year Built: 1877
    Updated: Sep 27, 2024
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    Historic Commercial Structure in Gilman
    $195,000

    Historic Commercial Structure in Gilman

    203 W 2nd Street, Gilman, IL 60938

    Oldest commercial building in Gilman, suitable for various businesses.

    • Oldest surviving commercial structure in Gilman.
    • Huge stone structure.
    • Potential for banquet hall, restaurant, or motel.
    • Suitable for many innovative businesses.
    • 3 Guest Facilities.
    Updated: May 21, 2023
    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Gilman, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Clifton, IL Land For Sale
    $75,000
    0.71 Acres

    Clifton, IL Land For Sale

    Approximately 0.71 acre lot in Clifton, Illinois.

    175 E 3rd Avenue, Clifton, IL 60927
    View details
    Banquet Hall and Catering Service
    $134,900

    Banquet Hall and Catering Service

    Banquet hall and catering service with licensed kitchen for sale.

    209 W Oak Street, Watseka, IL 60970
    View details
    Clifton, IL Church with Rehab
    $75,000

    Clifton, IL Church with Rehab

    Church property in Clifton, IL, with rehab started and vacant lots.

    175 3rd Avenue, Clifton, IL 60927
    View details
    Retail Property on Hwy 24
    $300,000
    5,445 SF

    Retail Property on Hwy 24

    Retail property with longstanding tenant and ample parking.

    117 E Walnut Street, Watseka, IL 60970
    View details

    Off-Market Properties in Gilman, IL

    Consider similar Off-Market properties in Gilman, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    113 Central St

    113 Central St

    OFFICE BUILDING
    Value Estimation by Request
    113 Central St, Gilman, IL 60938-1216
    View details
    135 Central St

    135 Central St

    OFFICE BUILDING
    Value Estimation by Request
    135 Central St, Gilman, IL 60938-1216
    View details
    620 Us Hwy 24th W

    620 Us Hwy 24th W

    OFFICE BUILDING • 10.33 Acres
    Value Estimation
    $5,230,000
    620 Us Hwy 24th W, Gilman, IL 60938-8000
    View details
    Gilman, IL 60938

    Gilman, IL 60938

    OFFICE BUILDING • 1.52 Acres
    Value Estimation
    $5,310,000
    Gilman, IL 60938
    View details
    Gilman, IL 60938

    Gilman, IL 60938

    OFFICE BUILDING • 4.51 Acres
    Value Estimation
    $5,335,000
    Gilman, IL 60938
    View details
    108 Central St

    108 Central St

    OFFICE BUILDING
    Value Estimation by Request
    108 Central St, Gilman, IL 60938-1217
    View details
    1401 Us Hwy 24th W

    1401 Us Hwy 24th W

    OFFICE BUILDING • 5.62 Acres
    Value Estimation by Request
    1401 Us Hwy 24th W, Gilman, IL 60938-6085
    View details
    1381 Cres St

    1381 Cres St

    OFFICE BUILDING • 1.20 Acres
    Value Estimation by Request
    1381 Cres St, Gilman, IL 60938-6128
    View details
    710 Cres St

    710 Cres St

    OFFICE BUILDING
    Value Estimation
    $2,140,000
    710 Cres St, Gilman, IL 60938-1554
    View details
    303 Main St

    303 Main St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    303 Main St, Gilman, IL 60938-1339
    View details
    128 Cres St

    128 Cres St

    OFFICE BUILDING
    Value Estimation by Request
    128 Cres St, Gilman, IL 60938-1506
    View details
    126 Cres St

    126 Cres St

    OFFICE BUILDING
    Value Estimation by Request
    126 Cres St, Gilman, IL 60938-1506
    View details
    121 Cres St

    121 Cres St

    OFFICE BUILDING
    Value Estimation by Request
    121 Cres St, Gilman, IL 60938-1505
    View details
    105 Cres St

    105 Cres St

    OFFICE BUILDING
    Value Estimation by Request
    105 Cres St, Gilman, IL 60938-1505
    View details
    122 Central St

    122 Central St

    OFFICE BUILDING
    Value Estimation by Request
    122 Central St, Gilman, IL 60938-1503
    View details
    1042 Cres St

    1042 Cres St

    OFFICE BUILDING • 0.93 Acres
    Value Estimation by Request
    1042 Cres St, Gilman, IL 60938-6134
    View details
    112 Douglas St, Unit 120

    112 Douglas St, Unit 120

    OFFICE BUILDING
    Value Estimation by Request
    112 Douglas St, Gilman, IL 60938-1129
    View details
    508 Central St

    508 Central St

    OFFICE BUILDING
    Value Estimation by Request
    508 Central St, Gilman, IL 60938-1702
    View details
    Gilman, IL 60938

    Gilman, IL 60938

    OFFICE BUILDING
    Value Estimation by Request
    Gilman, IL 60938
    View details
    204 Central St

    204 Central St

    OFFICE BUILDING
    Value Estimation by Request
    204 Central St, Gilman, IL 60938-1200
    View details
    512 Cres St

    512 Cres St

    OFFICE BUILDING
    Value Estimation by Request
    512 Cres St, Gilman, IL 60938-1514
    View details
    1142 Cres St

    1142 Cres St

    OFFICE BUILDING • 0.61 Acres
    Value Estimation by Request
    1142 Cres St, Gilman, IL 60938-6140
    View details

    Gilman, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Gilman, IL on our real estate platform. These investment opportunities span a total of 29,216 square feet of properties for sale, with an estimated market value of $195,000.

    Sale prices for business properties in Gilman, IL start at $195,000, averaging $195,000, and reaching up to $195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,973
    Population Growth (5Y) +0.7%
    Median Household Income $66,979
    College Educated 26.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Gilman submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60938 $195K

    Taxes & Financing

    Tax Rate (average for all types) 7.88%
    Tax Rate vs County Average 1.00 pp below county avg
    Average Loan-to-Value 65.0%

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