503 E 2nd St, Gilman, IL 60938
Property image
Property image
OFF MARKET

503 E 2nd St
Gilman, IL 60938

  • 4 Beds
  • 2 Baths
  • 2,591 sqft

$111,900

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $831/mo*
Refinance Your Home

$111,900

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $831/mo*
Refinance Your Home
4 Beds
2 Baths
2,591 sqft

Home Value

Trulia Estimate
$112K
Since last month
Increased$6K (+6%)
Since last year
Increased$17K (+18.3%)
Since last sale
Increased$54K (+94.6%)
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 +52% in the last 10 years
MonthEstimated value
2026
August 2026$112K
June 2026$106K
May 2026$101K
April 2026$94K
March 2026$96K
February 2026$84K
January 2026$80K
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
112 N Maple St, Gilman, IL
0.08
Single-Family Home
$42,900
10/22/25
3
1.5
1,438
118 N Hartwell St, Gilman, IL
0.13
Single-Family Home
$225,000
02/27/26
4
2
2,592
207 N Thomas St, Gilman, IL
0.14
Single-Family Home
$120,000
09/12/25
3
1
1,040
614 S Thomas St, Gilman, IL
0.53
Single-Family Home
$216,000
02/11/26
3
2
2,328
316 N Commerce St, Gilman, IL
0.43
Single-Family Home
$193,000
08/10/26
3
1.5
1,272
307 S Main St, Iroquois, IL
0.33
Single-Family Home
$60,000
03/09/26
4
1
2,000
404 S Maple St, Gilman, IL
0.33
Single-Family Home
$103,000
04/28/26
2
1
1,047
430 E Dent St, Gilman, IL
0.24
Single-Family Home
$149,999
06/05/26
2
1
1,038
521 S Central St, Gilman, IL
0.53
Single-Family Home
$60,000
06/02/26
3
1
826
615 N Hartwell St, Gilman, IL
0.40
Single-Family Home
$220,900
05/11/26
3
1
1,693

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
224 N Maple St, Gilman, IL 60938
0.06
$297,500
6
3
3,500
For Sale
231 N Maple St, Gilman, IL 60938
0.08
$192,400
3
1
1,568
Off Market
112 N Maple St, Gilman, IL 60938
0.08
$189,300
3
1.5
1,438
Off Market
510 E Front St, Gilman, IL 60938
0.08
$246,300
2
1.5
1,444
Off Market
532 E 2nd St, Gilman, IL 60938
0.11
$231,500
2
2
1,400
Off Market
501 E 3rd St, Gilman, IL 60938
0.14
$43,400
3
2
1,800
Off Market
423 E Front St, Gilman, IL 60938
0.10
$149,900
2
1
900
Recently Sold
118 N Hartwell St, Gilman, IL 60938
0.13
$225,000
4
2
2,592
Recently Sold
207 N Thomas St, Gilman, IL 60938
0.14
$125,900
3
1
1,040
Off Market
110 N Hartwell St, Gilman, IL 60938
0.13
$159,600
2
3
1,500
Off Market
113 N Thomas St, Gilman, IL 60938
0.16
$95,300
3
3
-
Off Market
323 N Thomas St, Gilman, IL 60938
0.20
$123,600
3
1
1,209
Off Market

Local Information

  • Map ViewExplore the area around 503 E 2nd St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1901
Living Area
2,591 sqft
Price/Sqft
$43

About this House

Great location within walking distance of schools. 2591 sf & 4BR. Some beautiful original HDWD floors & some very nice dark cherry wood laminate in all the bedrooms. Kit has some nice updating w/white-washed cabinetry & ceramic flooring. Stove, refrigerator, dishwasher all stay, but are being sold AS IS. Seller will do no inspections, no repairs, no survey. Being sold AS IS. Minimum $1000 earnest money.
503 E 2nd St, Gilman, IL 60938 is a 4 bedroom, 2 bathroom, 2,591 sqft single-family home built in 1901. It last sold for $57,500 on Jun 28, 2013. It is currently off market. The Trulia Estimate is $111,900, with a rent estimate of $1,751/month.

Home Details for 503 E 2nd St

Property Information

Year Built
Year Built: 1901
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 25 sqft

Price and Tax history

DateEventPrice
Jun 28, 2013
Source: MRED as distributed by MLS GRID #08208022
Sold
$57,500
Mar 20, 2013
Source: Agent Provided
Listed For Sale
$59,900

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

Frequently asked questions about 503 E 2nd St

  • What is 503 E 2nd St estimated to be worth?
    Trulia's estimated value for 503 E 2nd St in Gilman, IL is $111,900.
  • What is the price history for 503 E 2nd St?
    503 E 2nd St in Gilman, IL last sold for $57,500 in June 2013.
  • 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.
  • How big is the lot at 503 E 2nd St?
    The lot at 503 E 2nd St in Gilman, IL is about 0.23 acres (10,000 sq ft).

Apartments for Rent

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Off Market Homes Near 503 E 2nd St

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