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Gilman, IL

Gilman, IL Commercial Real Estate for Sale

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Ashkum, IL Crescent City, IL Clifton, IL

Historic Commercial Structure in Gilman

Updated: Sep 27, 2024

Historic Commercial Structure in Gilman

203 W 2nd St, Gilman, IL 60938

$195,000

29,216 sqft

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

Historic Commercial Structure in Gilman

Updated: Apr 15, 2023

Historic Commercial Structure in Gilman

203 W 2nd Street, Gilman, IL 60938

$195,000

Oldest surviving commercial structure in Gilman.
Huge stone structure.
Potential for banquet hall, restaurant, or motel.
Suitable for many innovative businesses.
3 Guest Facilities.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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

Clifton, IL Land For Sale

175 E 3rd Avenue, Clifton, IL 60927

$75,000

0.71 AC lot

Approximately 0.71 acre lot in Clifton, Illinois.

Clifton, IL Church with Rehab

Clifton, IL Church with Rehab

175 3rd Avenue, Clifton, IL 60927

$75,000

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

Banquet Hall and Catering Service

Banquet Hall and Catering Service

209 W Oak Street, Watseka, IL 60970

$134,900

Banquet hall and catering service with licensed kitchen for sale.

Subsidized Senior Housing Portfolio

Subsidized Senior Housing Portfolio

551-564 N Clarence Avenue, Watseka, IL 60970

$2,000,000

54-unit subsidized senior housing portfolio in Watseka and Gilman, Illinois.

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.

OFFICE BUILDING

113 Central St, Gilman, IL 60938-1216

Value Estimation by Request

OFFICE BUILDING

135 Central St, Gilman, IL 60938-1216

Value Estimation by Request

620 Us Hwy 24th W

OFFICE BUILDING

620 Us Hwy 24th W, Gilman, IL 60938-8000

$5,230,000

Estimated value

10.33 AC lot

Gilman, IL 60938

OFFICE BUILDING

Gilman, IL 60938

$5,310,000

Estimated value

1.52 AC lot

Gilman, IL 60938

OFFICE BUILDING

Gilman, IL 60938

$5,335,000

Estimated value

4.51 AC lot

OFFICE BUILDING

108 Central St, Gilman, IL 60938-1217

Value Estimation by Request

1401 Us Hwy 24th W

OFFICE BUILDING

1401 Us Hwy 24th W, Gilman, IL 60938-6085

Value Estimation by Request

5.62 AC lot

OFFICE BUILDING

1381 Cres St, Gilman, IL 60938-6128

Value Estimation by Request

1.20 AC lot

OFFICE BUILDING

710 Cres St, Gilman, IL 60938-1554

$2,140,000

Estimated value

VACANT COMMERCIAL LAND

303 Main St, Gilman, IL 60938-1339

Value Estimation by Request

OFFICE BUILDING

128 Cres St, Gilman, IL 60938-1506

Value Estimation by Request

OFFICE BUILDING

126 Cres St, Gilman, IL 60938-1506

Value Estimation by Request

OFFICE BUILDING

121 Cres St, Gilman, IL 60938-1505

Value Estimation by Request

OFFICE BUILDING

105 Cres St, Gilman, IL 60938-1505

Value Estimation by Request

OFFICE BUILDING

122 Central St, Gilman, IL 60938-1503

Value Estimation by Request

OFFICE BUILDING

1042 Cres St, Gilman, IL 60938-6134

Value Estimation by Request

0.93 AC lot

112 Douglas St, Unit 120

OFFICE BUILDING

112 Douglas St, Gilman, IL 60938-1129

Unit 120

Value Estimation by Request

OFFICE BUILDING

508 Central St, Gilman, IL 60938-1702

Value Estimation by Request

Gilman, IL 60938

OFFICE BUILDING

Gilman, IL 60938

Value Estimation by Request

OFFICE BUILDING

204 Central St, Gilman, IL 60938-1200

Value Estimation by Request

OFFICE BUILDING

512 Cres St, Gilman, IL 60938-1514

Value Estimation by Request

OFFICE BUILDING

1142 Cres St, Gilman, IL 60938-6140

Value Estimation by Request

0.61 AC lot

Gilman, IL Commercial Real Estate Market Trends and Statistics

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 Investment

Identify Gilman submarkets with the highest inventory density on the market and evaluate the average 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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Most Searched ZIP Codes in Gilman, IL

60938