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Gilman, IL

Gilman, IL Commercial Real Estate for Sale

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Onarga, IL Ashkum, IL Crescent City, IL Buckley, IL Clifton, IL Watseka, IL Cissna Park, IL Milford, IL

Pole Building with Adjacent Land

Updated: Apr 11

Pole Building with Adjacent Land

1800 N 1100 East Road, Gilman, IL 60938

Contact for pricing

5,000 sqft 7.05 AC lot

Two adjoining land parcels: Tract 1 (approx. 2.37 acres) and Tract 2 (approx. 4.68 irregular acres).
Tract 1 includes a approx. 5,000 SF pole building for a business, plus a permanent mobile home office nearby.
Tract 2 (approx. 4.68 acres) can be used as a hay field or small crop field.
Property was most recently used as a truck repair/parts sales business.
Business zoning allows 40+ different types of businesses (see documents for permitted uses).

Historic Commercial Structure in Gilman

Updated: Sep 27, 2024

Historic Commercial Structure in Gilman

203 W 2nd St, Gilman, IL 60938

Contact for pricing

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

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

Turnkey Recreational Hunting Farm

Turnkey Recreational Hunting Farm

1272 E 1500 North Rd, Onarga, IL 60955

$459,900

40.00 AC lot

40-acre recreational farm with a Morton storage building, cabin on skids, private well, and CRP income.

Recreational Farm with Morton Building

Recreational Farm with Morton Building

1272 E 1500 North Rd, Onarga, IL 60955

$459,900

40.00 AC lot

Improved recreational farm with storage buildings, a movable cabin, private well, and CRP acreage.

Turn-Key Pizza and Sandwich Restaurant

Turn-Key Pizza and Sandwich Restaurant

807 West Lafayette Street, Watseka, IL 60970

Contact for pricing

Completely renovated restaurant with dining area and bar, drive-thru window, full kitchen, and walk-in cooler.

Warehouse with Office and Mezzanine

Warehouse with Office and Mezzanine

121 N Yount Ave, Watseka, IL 60970

Contact for pricing

Warehouse space includes mezzanine, Quonset, and office, supported by a gravel lot and multiple dock height door openings.

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

OFFICE BUILDING

113 Central St, Gilman, IL 60938-1216

$240,000

Estimated value

135 Central St

OFFICE BUILDING

135 Central St, Gilman, IL 60938-1216

$150,000

Estimated value

620 Us Hwy 24th W

OFFICE BUILDING

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

$5,455,000

Estimated value

10.33 AC lot

Gilman, IL 60938

OFFICE BUILDING

Gilman, IL 60938

$5,455,000

Estimated value

1.52 AC lot

Gilman, IL 60938

OFFICE BUILDING

Gilman, IL 60938

$5,455,000

Estimated value

4.51 AC lot

108 Central St

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

$405,000

Estimated value

5.62 AC lot

1381 Cres St

OFFICE BUILDING

1381 Cres St, Gilman, IL 60938-6128

$345,000

Estimated value

1.20 AC lot

710 Cres St

OFFICE BUILDING

710 Cres St, Gilman, IL 60938-1554

$2,140,000

Estimated value

303 Main St

VACANT COMMERCIAL LAND

303 Main St, Gilman, IL 60938-1339

Value Estimation by Request

128 Cres St

OFFICE BUILDING

128 Cres St, Gilman, IL 60938-1506

$320,000

Estimated value

126 Cres St

OFFICE BUILDING

126 Cres St, Gilman, IL 60938-1506

$320,000

Estimated value

121 Cres St

OFFICE BUILDING

121 Cres St, Gilman, IL 60938-1505

Value Estimation by Request

105 Cres St

OFFICE BUILDING

105 Cres St, Gilman, IL 60938-1505

Value Estimation by Request

122 Central St

OFFICE BUILDING

122 Central St, Gilman, IL 60938-1503

$50,000

Estimated value

1042 Cres St

OFFICE BUILDING

1042 Cres St, Gilman, IL 60938-6134

$265,000

Estimated value

0.93 AC lot

112 Douglas St, Unit 120

OFFICE BUILDING

112 Douglas St, Gilman, IL 60938-1129

Unit 120

$210,000

Estimated value

508 Central St

OFFICE BUILDING

508 Central St, Gilman, IL 60938-1702

$160,000

Estimated value

Gilman, IL 60938

OFFICE BUILDING

Gilman, IL 60938

Value Estimation by Request

204 Central St

OFFICE BUILDING

204 Central St, Gilman, IL 60938-1200

$375,000

Estimated value

512 Cres St

OFFICE BUILDING

512 Cres St, Gilman, IL 60938-1514

$375,000

Estimated value

1142 Cres St

OFFICE BUILDING

1142 Cres St, Gilman, IL 60938-6140

$225,000

Estimated value

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 34,216 square feet of properties for sale.

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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	$167.5K

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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