Farms/Ranches: MLS #11993454 Gilman, IL ^$ 1,897,920

Farms/Ranches: MLS #11993454

^$ 1,897,920

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Farms/Ranches: MLS #11993454

Gilman, IL, 60938

^$ 1,897,920

Studio Baths0.0

Monthly Estimate*

^$ 12,614

Studio

Farms/Ranches for sale in Gilman, IL

for $1,897,920. The lot size is 79.08.

Prime Development Opportunity in Gilman, IL-Nestled within the evolving cityscape of Gilman, IL, this development land presents a rare chance for investors to capitalize on its strategic location and abundant resources. Partially incorporated within the city limits, the property enjoys convenient access to Interstate 57 and Route 24, facilitating seamless connectivity for commercial and industrial ventures. Boasting rail access on the north side and essential infrastructure such as a transmission line, a 10-inch sewer main, and an 8-inch water main on the south side, the property is primed for development. With gas line hook-up available, businesses can leverage reliable energy sources to fuel their operations. This expansive parcel holds immense potential for various projects, making it an enticing prospect for those seeking to shape Gilman's future landscape.

Farms/Ranches Active

Price

^$ 1,897,920

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

^$ 2,528

Style

Agricultural

Lot Size

79.08

Town/City

Gilman

County/Region

Iroquois

MLS | Web ID

11993454

Features

General

Utilities Electric to Site Gas to Site Sanitary Sewer Water to Site

Possession Closing

Zoning AGRIC

Township Douglas

Tax Year 2022

Current Use Agricultural

Percent Ownership Fee Simple

County Iroquois

Property Type Farm Land

Status Active

Directions West on 24 across Interstate 57. First right to head North on 600 East Rd. Farm is on right (East) side of the road

City Gilman

High School District 10

MLS Area Gilman

Waterfront Y/N N

Street Name 600 East

Tax Annual Amount 2528.62

Additional Parcels Y/N Y

Days on Market 7

Standard Status Active

Middle/Junior School District 10

Elementary School District 10

Exterior

Total Parking 0

Lot Dimensions 1980X1275

Lot Size Acres 79.08

Road Surface Type Asphalt

Frontage Length 1980

Frontage Type Paved

Interior

Street Suffix Road

Total Baths 0

* Excluded Features

List By

Rw Property Services Llc

Broker

rob@rwpropertyservice.com; rob@rwpropertyservice.com

Affordability Calculator

$12,825

Per Month

Monthly Principal & Interest: $12,614
Monthly Property Taxes: $211
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Farm listings in Gilman, IL

Average List Price ^$1,161,460

Percent of Sale Price 39%

About Gilman, IL

1,778 Population

-7% Since 2002

^$48,859 Median Income

42.67 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1540890 Elementary School

1539436 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/1/2024	$1,897,920		Listed Price

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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/1/2024.

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Farms/Ranches: MLS #11993454

Farms/Ranches for sale in Gilman, IL

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