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    Property profile & analytics

    303 Main St Gilman, IL 60938-1339

    • Commercial land
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 12, 2024
    Location Intelligence
    Property ID
    US28-3997729
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 303 Main St

    Property type
    Commercial land
    APN
    17 31 334 006
    APU
    1731334006

    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
    -87.9914
    Latitude
    40.77

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $873
    $1,835
    $9,402
    $11,237
    -
    $5,505
    $28,206
    $33,711

    Comparable in this City

    • 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
    • Value Estimation by Request

      Gilman, IL 60938

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

      1726 600 East Rd

      Farms • 34.38 Acres
      1726 600 East Rd, Gilman, IL 60938
      View Details
    • Value Estimation by Request

      606 Cres St

      OFFICE BUILDING
      606 Cres St, Gilman, IL 60938-1709
      View Details
    • Value Estimation by Request

      202 Cres St

      OFFICE BUILDING
      202 Cres St, Gilman, IL 60938-1602
      View Details
    • Value Estimation by Request

      113 Thomas St

      OFFICE BUILDING
      113 Thomas St, Gilman, IL 60938-1317
      View Details

    Similar Nearby for Sale

    • $375,000
      7,040 SF

      Gilman Commercial Building - Great Investment

      7,040 sq ft commercial space, 0.8-acre lot.
      610 Crescent St, Gilman, IL 60938
      View Details
    • $195,000

      Historic Gilman Commercial Building

      Prime Location, Endless Potential
      203 2Nd St, Gilman, IL 60938
      View Details
    • $195,000
      29,216 SF

      Gilman Industrial Property: Huge Potential

      Historic Illinois building, 29,216 sq ft.
      203 2Nd St, Gilman, IL 60938
      View Details
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    303 Main St
    Gilman, IL 60938-1339
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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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