402 E 2nd St, Gilman, IL 60938
Property image
Property image
SOLD
OCT 8, 2026

$240,200

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 1,930 sqft (on 0.34 acres)

402 E 2nd St, Gilman, IL 60938

Est. Refi. Payment $1,754/mo*
Refinance Your Home
Currently Off Market - Sold Oct 8, 2026 for $240,000 (4% below list price)

Home Value

Trulia Estimate
$240K
Since last month
Increased$400 (+0.2%)
Since last year
Increased$161K (+201.4%)
Since last sale
Increased$200 (+0.1%)
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 +219% in the last 10 years
MonthEstimated value
2026
November 2026$240K
October 2026$240K
September 2026$240K
August 2026$244K
March 2026$96K
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
118 N Hartwell St, Gilman, IL
0.04
Single-Family Home
$225,000
02/27/26
4
2
2,592
301 W 2nd St, Gilman, IL
0.39
Single-Family Home
$265,000
07/14/26
4
2
2,100
614 S Thomas St, Gilman, IL
0.47
Single-Family Home
$216,000
02/11/26
3
2
2,328
316 N Commerce St, Gilman, IL
0.37
Single-Family Home
$193,000
08/10/26
3
1.5
1,272
615 N Hartwell St, Gilman, IL
0.43
Single-Family Home
$220,900
05/11/26
3
1
1,693
316 N Hartwell St, Gilman, IL
0.17
Single-Family Home
$105,000
09/11/26
3
1
1,080
430 E Dent St, Gilman, IL
0.20
Single-Family Home
$149,999
06/05/26
2
1
1,038
602 E 2nd St, Gilman, IL
0.20
Single-Family Home
$128,750
09/04/26
2
1
1,100
213 N Peoria St, Gilman, IL
0.48
Single-Family Home
$139,000
01/13/26
4
2
1,750
318 E Park Ct, Gilman, IL
0.59
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
Sec 12 Twp 26n R 14W, Gilman, IL 60938
0.01
-
-
-
-
Off Market
S12 Interstate Highway TWP26N #R14W, Gilman, IL 60938
0.01
-
-
-
-
Off Market
SEC12V Twp26n R14W, Gilman, IL 60938
0.01
-
-
-
-
Off Market
Sec 7 Twp26n R11E, Gilman, IL 60938
0.01
-
-
-
-
Off Market
SEC12 Twp26n R14W, Gilman, IL 60938
0.01
-
-
-
-
Off Market
Sec 8 Twp28n R14W, Gilman, IL 60938
0.01
-
-
-
-
Off Market
2050 Road, Gilman, IL 60938
0.01
-
-
-
-
Off Market
6 11th Railroad, Gilman, IL 60938
0.01
-
-
-
-
Off Market
I57 Route 24, Gilman, IL 60938
0.01
-
-
-
-
Off Market
BX22 RR1, Gilman, IL 60938
0.01
-
-
-
-
Off Market
32 Sec Twp #27N, Gilman, IL 60938
0.01
-
-
-
-
Off Market
Sec 8 T26n R14W, Gilman, IL 60938
0.01
-
-
-
-
Off Market
Sec 12 T26n R10E, Gilman, IL 60938
0.01
-
-
-
-
Off Market
414 E 2nd St, Gilman, IL 60938
0.02
$116,200
Studio
-
-
Off Market
117 N Hartwell St, Gilman, IL 60938
0.02
$152,100
Studio
-
-
Off Market
Sec 25 Twp 27n R14w 1280e Rd, Gilman, IL 60938
0.02
-
-
-
-
Off Market
416 E 2nd St, Gilman, IL 60938
0.03
-
4
1
1,629
Off Market
126 N Hartwell St, Gilman, IL 60938
0.04
$179,900
Studio
-
-
Off Market
403 E 2nd St, Gilman, IL 60938
0.04
$99,300
4
1
2,000
Off Market
411 E 2nd St, Gilman, IL 60938
0.04
$162,900
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 402 E 2nd St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
0.34 acre lot
1,930 sqft
$124/sqft
Garage

About this House

What's unique:More open flow
402 E 2nd St, Gilman, IL 60938 is a 3 bedroom, 3 bathroom, 1,930 sqft single-family home. It last sold for $240,000 on Oct 8, 2026 (4% below the $249,999 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $240,200, with a rent estimate of $1,827/month.
Last check for updates: about 16 hours ago
Listed by Brant Fred, (815) 939-1255
McColly Rosenboom - B
Bought with: Jeff McMillan, Ray Froelich Real Estate LLC
Source: MRED as distributed by MLS GRID, MLS#12729854

Home Details for 402 E 2nd St

Interior Features

Interior Details
Basement: Unfinished,PartialNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Enclosed Porch, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1930 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

Exterior Home Features
Roof: AsphaltOther Structures: Shed(s)
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 6Parking: Garage Door Opener,Yes,Garage Owned,Detached,Off Street,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 17313810010000

Price & Status

Price
List Price: $249,999Price Per Sqft: $124/sqft
Status Change & Dates
Off Market Date: Fri Sep 11 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

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

Building

Building Area
Building Area: 1930 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.34 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12729854

Additional Information

Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: NoMRD Address On VOW Display: YesHide Public RemarksMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoSource Internet Address DisplayMRD REMARKSINTERNET: NoHide Days On Site DisplayHide Price History DisplayMRD Remarks On VOW Display: No

Price and Tax history

DateEventPrice
Oct 8, 2026
Source: MRED as distributed by MLS GRID #12729854
Sold
$240,000
Sep 15, 2026
Source: MRED as distributed by MLS GRID #12729854
Contingent
$249,999
Aug 26, 2026
Source: MRED as distributed by MLS GRID #12729854
PriceChange
$249,999
Price decreased by 7%
Aug 22, 2026
Source: MRED as distributed by MLS GRID #12729854
Listed For Sale
$269,500

Market trends in Gilman

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
12
2MoM
Sourced by Trulia Market Trends

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.
  • Derrick Hall
    "Quiet and small town feel. Nice place to raise a family "
    0
    Flag
  • 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."
    1
    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 402 E 2nd St

  • What is 402 E 2nd St estimated to be worth?
    Trulia's estimated value for 402 E 2nd St in Gilman, IL is $240,200.
  • What is the price history for 402 E 2nd St?
    402 E 2nd St in Gilman, IL last sold for $240,000 in October 2026.
  • 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 402 E 2nd St have air conditioning?
    Yes, 402 E 2nd St in Gilman, IL has air conditioning.
  • Does 402 E 2nd St have laundry facilities?
    Yes, 402 E 2nd St in Gilman, IL has laundry facilities.

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