320 S Thomas St, Gilman, IL 60938
Property image
Property image
OFF MARKET

$126,200

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,250 sqft

320 S Thomas St, Gilman, IL 60938

Est. Refi. Payment $935/mo*
Refinance Your Home
Currently Off Market - Sold Nov 24, 2023 for $61,500

Home Value

Trulia Estimate
$126K
Since last month
Increased$800 (+0.6%)
Since last year
Increased$1K (+0.9%)
Since last sale
Increased$65K (+105.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +222% in the last 10 years
MonthEstimated value
2026
August 2026$126K
July 2026$125K
June 2026$127K
May 2026$120K
April 2026$111K
March 2026$121K
February 2026$117K
January 2026$119K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
404 S Maple St, Gilman, IL
0.16
Single-Family Home
$103,000
04/28/26
2
1
1,047
521 S Central St, Gilman, IL
0.20
Single-Family Home
$60,000
06/02/26
3
1
826
430 E Dent St, Gilman, IL
0.16
Single-Family Home
$149,999
06/05/26
2
1
1,038
112 N Maple St, Gilman, IL
0.25
Single-Family Home
$42,900
10/22/25
3
1.5
1,438
602 E 2nd St, Gilman, IL
0.40
Single-Family Home
$128,750
09/04/26
2
1
1,100
618 S Thomas St, Gilman, IL
0.24
Single-Family Home
$154,900
06/05/26
2
1
936
422 N Main St, Gilman, IL
0.51
Single-Family Home
$50,000
08/26/26
2
1
676
207 N Thomas St, Gilman, IL
0.29
Single-Family Home
$120,000
09/12/25
3
1
1,040
307 S Main St, Iroquois, IL
0.05
Single-Family Home
$60,000
03/09/26
4
1
2,000
318 E Park Ct, Gilman, IL
0.35
Single-Family Home
$189,900
07/28/26
3
1
1,612

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
309 S Main St, Gilman, IL 60938
0.04
$102,900
2
1
1,300
Off Market
307 S Main St, Iroquois, IL 60945
0.05
$60,000
4
1
2,000
Recently Sold
325 S Central St, Gilman, IL 60938
0.10
$89,300
2
1
1,320
Off Market
430 E Dent St, Gilman, IL 60938
0.16
$149,999
2
1
1,038
Recently Sold
411 S Crescent St, Gilman, IL 60938
0.19
$189,900
5
4
-
Recently Sold
116 N Main St, Gilman, IL 60938
0.22
$58,900
1
-
2,040
For Sale
511 S Central St, Gilman, IL 60938
0.18
$141,800
3
2
1,768
Off Market
404 S Maple St, Gilman, IL 60938
0.16
$103,000
2
1
1,047
Recently Sold
110 N Hartwell St, Gilman, IL 60938
0.22
$162,800
2
3
1,500
Off Market
414 S Maple St, Gilman, IL 60938
0.17
$163,000
3
1
1,140
Off Market
521 S Central St, Gilman, IL 60938
0.20
$60,000
3
1
826
Recently Sold

Local Information

  • Map ViewExplore the area around 320 S Thomas St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1935
1,250 sqft
$101/sqft
Garage

About this House

Great starter home with two bedrooms, one and half baths, very large open kitchen & living room area hard wood floors with one car garage in a good location.
320 S Thomas St, Gilman, IL 60938 is a 2 bedroom, 2 bathroom, 1,250 sqft single-family home built in 1935. It last sold for $61,500 on Nov 24, 2023 (12% below the $70,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $126,200, with a rent estimate of $1,159/month.
Last check for updates: about 7 hours ago
Listed by Richard Smith, (815) 432-2900
Smith's Real Estate Services,
Bought with: Angela Griffith, (815) 258-2300, McColly Rosenboom - B
Source: MRED as distributed by MLS GRID, MLS#11696405

Home Details for 320 S Thomas St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 4Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1250 Square Feet
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: On Site,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction
Property Information
Parcel Number: 24061290100000

Price & Status

Price
List Price: $70,000
Status Change & Dates
Off Market Date: Fri Nov 17 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: Gilman
School Information
Elementary School District: 10Jr High / Middle School District: 10High School District: 10

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 6000 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11696405Back On Market Date: Mon Sep 11 2023

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Nov 24, 2023
Source: MRED as distributed by MLS GRID #11696405
Sold
$61,500
Nov 20, 2023
Source: MRED as distributed by MLS GRID #11696405
Pending
$70,000
Nov 16, 2023
Source: MRED as distributed by MLS GRID #11696405
PendingToActive
$70,000
Nov 10, 2023
Source: MRED as distributed by MLS GRID #11696405
Pending
$70,000
Sep 11, 2023
Source: MRED as distributed by MLS GRID #11696405
PendingToActive
$70,000

Market trends in Gilman

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
9
2MoM

Around this home

What Locals Say about Gilman

At least 5 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 86 % Say car is needed

  • 80 % Say people would walk alone at night

  • 71 % Say there's holiday spirit

  • 67 % Say there are sidewalks

  • 63 % Say it's walkable to restaurants

  • 62 % Say neighbors are friendly

  • 60 % Say it's walkable to grocery stores

  • 60 % Say it's quiet

  • 57 % Say there's wildlife

  • 44 % Say streets are well-lit

  • 40 % Say they plan to stay for at least 5 years

  • 36 % Say kids play outside

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Vishoushuddleston
    "It's a small town where most people have lived their entire lives or moved from a big city. People that have left frequently visit and many families know eachother. People are very friendly. Most shopping is within 20 to 30 minutes but there are 2 small grocery stores in the area as well as a few restaurants and bars. Dollar general and doc's drugs are in town for convenience. This is a town where businesses close early."
    0
    Flag
  • Melissa F.
    "The neighborhood is very do friendly. Everyone has pets and you frequently see people walking their dogs."
    0
    Flag
  • Juggalo4everdown
    "Currently staying at Budget Host Inn while looking for a house in Watseka or the surrounding area. From what I can see, this is a very quiet, tranquil town."
    1
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 320 S Thomas St

  • What is 320 S Thomas St estimated to be worth?
    Trulia's estimated value for 320 S Thomas St in Gilman, IL is $126,200.
  • What is the price history for 320 S Thomas St?
    320 S Thomas St in Gilman, IL last sold for $61,500 in November 2023.
  • Is Gilman a buyer's or seller's market?
    Gilman is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Gilman?
    Residents describe Gilman, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Gilman, IL.
  • Does 320 S Thomas St have air conditioning?
    Yes, 320 S Thomas St in Gilman, IL has air conditioning.
  • Does 320 S Thomas St have laundry facilities?
    Yes, 320 S Thomas St in Gilman, IL has laundry facilities.

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