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    Property profile & analytics

    1726 600 East Rd Gilman, IL 60938

    • Land
    • 34.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1726 600 East Rd

    Lot size
    34.38 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 34.38-acre property in Gilman, Illinois, presents a unique investment opportunity. Strategically located with convenient access to Interstate 57 and Route 24, this land offers unparalleled connectivity for commercial and industrial ventures. Partially within city limits, it boasts significant infrastructure advantages, including a transmission line, a 10-inch sewer main, and an 8-inch water main on the south side. Gas line hook-up is readily available, ensuring reliable energy for any development. Priced at $1,203,300 ($35,000/acre), this expansive parcel is ideal for a variety of projects, promising substantial returns for forward-thinking investors. The property's address is 1726 N 600 East Rd, Gilman, IL 60938, in Iroquois County. Its diverse zoning (Agricultural, Commercial, Farm) allows for flexible development plans. This is a rare chance to shape the future of Gilman's landscape and capitalize on its growth potential. Don't miss this chance to acquire a significant piece of prime Illinois real estate.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gilman
    County
    Iroquois
    State
    Illinois
    Longitude
    -88.0116
    Latitude
    40.754

    Comparable in this City

    • Value Estimation by Request

      256 Central St

      COMMERCIAL (GENERAL)
      256 Central St, Gilman, IL 60938-1219
      View Details
    • Value Estimation
      $305,000
      5.00 Acres

      Gilman, IL 60938

      COMMERCIAL (GENERAL) • 5.00 Acres
      Gilman, IL 60938
      View Details
    • Value Estimation by Request

      Gilman, IL 60938

      VACANT COMMERCIAL LAND
      Gilman, IL 60938
      View Details
    • Value Estimation by Request

      Gilman, IL 60938

      COMMERCIAL (GENERAL)
      Gilman, IL 60938
      View Details
    • Value Estimation by Request
      8.00 Acres

      Gilman, IL 60938

      COMMERCIAL (GENERAL) • 8.00 Acres
      Gilman, IL 60938
      View Details
    • Value Estimation by Request
      0.89 Acres

      1381 Cres St

      VACANT COMMERCIAL LAND • 0.89 Acres
      1381 Cres St, Gilman, IL 60938-6128
      View Details

    Similar Nearby for Sale

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      Historic Gilman Commercial Building

      Prime Location, Endless Potential
      203 2Nd St, Gilman, IL 60938
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    • $375,000
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      Gilman Commercial Building - Great Investment

      7,040 sq ft commercial space, 0.8-acre lot.
      610 Crescent St, Gilman, IL 60938
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    • $195,000
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      Gilman Industrial Property: Huge Potential

      Historic Illinois building, 29,216 sq ft.
      203 2Nd St, Gilman, IL 60938
      View Details
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    1726 600 East Rd
    Gilman, IL 60938
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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