501 E 3rd St, Gilman, IL 60938
OFF MARKET

501 E 3rd St
Gilman, IL 60938

  • 3 Beds
  • 2 Baths
  • 1,800 sqft (on 0.34 acres)

$42,600

Trulia Estimate
as of May 9, 2026
Est. Refi. Payment $351/mo*
Refinance Your Home

$42,600

Trulia Estimate
as of May 9, 2026
Est. Refi. Payment $351/mo*
Refinance Your Home
3 Beds
2 Baths
1,800 sqft
(on 0.34 acres)

Homes for sale near 501 E 3rd St

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Large older home with corner lot and two car garage and is Sold AS IS and still occupied by the owner it will be vacant in the next 30 days, no showing just drive by and walk the property.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from July 07, 2025

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 501 E 3rd St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1800 Square Feet
Heating & Cooling
Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: On Site,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood SidingNot a New Construction
Property Information
Parcel Number: 17314020010000

Price & Status

Price
List Price: $34,500
Status Change & Dates
Off Market Date: Fri Jun 06 2025Possession 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: 0.34 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12381758
Last check for updates: about 4 hours ago
Listed by Richard Smith, (815) 432-2900
Smith's Real Estate Services,
Bought with: Elizabeth Botello, (708) 927-2458, eXp Realty
Source: MRED as distributed by MLS GRID, MLS#12381758

Price History for 501 E 3rd St

DatePriceEventSource
07/07/2025$40,505Sold
MRED as distributed by MLS GRID #12381758
06/06/2025$34,500PendingMRED as distributed by MLS GRID #12381758
06/02/2025$34,500Listed For SaleMRED as distributed by MLS GRID #12381758
04/18/2025$54,000ListingRemovedMRED as distributed by MLS GRID #12282384
02/17/2025$54,000PriceChange
MRED as distributed by MLS GRID #12282384
02/03/2025$64,000Listed For SaleMRED as distributed by MLS GRID #12282384
05/28/2024ListingRemovedMRED as distributed by MLS GRID #11944057
03/01/2024$70,000PriceChange
MRED as distributed by MLS GRID #11944057
01/26/2024$72,000PriceChange
MRED as distributed by MLS GRID #11944057
12/08/2023$78,000Listed For SaleMRED as distributed by MLS GRID #11944057
11/29/2007$50,000Sold
MRED as distributed by MLS GRID #08194973
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Property Tax and Assessment

Year2024
Tax$2,577
Assessment$116,880
Home facts updated by county records

Comparable Sales for 501 E 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
112 N Maple St, Gilman, IL
0.21
Single-Family Home
$42,900
10/22/25
3
1.5
1,438
518 N Hartwell St, Gilman, IL
0.21
Single-Family Home
$172,500
07/01/25
3
1.5
1,500
118 N Hartwell St, Gilman, IL
0.22
Single-Family Home
$225,000
02/27/26
4
2
2,592
207 N Thomas St, Gilman, IL
0.19
Single-Family Home
$120,000
09/12/25
3
1
1,040
614 S Thomas St, Gilman, IL
0.66
Single-Family Home
$216,000
02/11/26
3
2
2,328
104 N Douglas St, Gilman, IL
0.55
Single-Family Home
$30,000
06/17/25
3
1
996
617 N Hartwell St, Gilman, IL
0.28
Single-Family Home
$160,000
10/17/25
2
1
1,084
602 S Thomas St, Gilman, IL
0.64
Single-Family Home
$175,000
06/26/25
3
1
1,144
607 N Main St, Gilman, IL
0.32
Single-Family Home
$190,607
08/15/25
5
2.5
2,626

Assigned Schools

These are the assigned schools for 501 E 3rd St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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

Homes for rent near 501 E 3rd St

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Off Market Homes Near 501 E 3rd St

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501 E 3rd St, Gilman, IL 60938 is a 3 bedroom, 2 bathroom, 1,800 sqft single-family home built in 1912. This property is not currently available for sale. 501 E 3rd St was last sold on Jul 7, 2025 for $40,505 (17% higher than the asking price of $34,500). The current Trulia Estimate for 501 E 3rd St is $42,600.