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

532 E 2nd St
Gilman, IL 60938

  • 2 Beds
  • 2 Baths
  • 1,400 sqft

$231,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,639/mo*
Refinance Your Home

$231,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,639/mo*
Refinance Your Home
2 Beds
2 Baths
1,400 sqft

Home Value

Trulia Estimate
$232K
Since last month
Decreased$2K (-0.7%)
Since last year
Increased$12K (+5.6%)
Since last sale
Increased$16K (+7.3%)
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$231K
July 2026$233K
June 2026$230K
May 2026$228K
April 2026$226K
March 2026$225K
February 2026$221K
January 2026$225K
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
430 E Dent St, Gilman, IL
0.25
Single-Family Home
$149,999
06/05/26
2
1
1,038
118 N Hartwell St, Gilman, IL
0.22
Single-Family Home
$225,000
02/27/26
4
2
2,592
316 N Commerce St, Gilman, IL
0.54
Single-Family Home
$193,000
08/10/26
3
1.5
1,272
112 N Maple St, Gilman, IL
0.15
Single-Family Home
$42,900
10/22/25
3
1.5
1,438
617 N Hartwell St, Gilman, IL
0.47
Single-Family Home
$160,000
10/17/25
2
1
1,084
207 N Thomas St, Gilman, IL
0.26
Single-Family Home
$120,000
09/12/25
3
1
1,040
404 S Maple St, Gilman, IL
0.33
Single-Family Home
$103,000
04/28/26
2
1
1,047
614 S Thomas St, Gilman, IL
0.55
Single-Family Home
$216,000
02/11/26
3
2
2,328
615 N Hartwell St, Gilman, IL
0.46
Single-Family Home
$220,900
05/11/26
3
1
1,693
318 E Park Ct, Gilman, IL
0.63
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
510 E Front St, Gilman, IL 60938
0.11
$246,300
2
1.5
1,444
Off Market
112 N Maple St, Gilman, IL 60938
0.15
$189,300
3
1.5
1,438
Off Market
423 E Front St, Gilman, IL 60938
0.16
$149,900
2
1
900
Recently Sold
231 N Maple St, Gilman, IL 60938
0.15
$192,400
3
1
1,568
Off Market
224 N Maple St, Gilman, IL 60938
0.16
$297,500
6
3
3,500
For Sale
402 E 2nd St, Gilman, IL 60938
0.18
$269,500
3
3
1,930
For Sale
501 E 3rd St, Gilman, IL 60938
0.20
$43,400
3
2
1,800
Off Market
118 N Hartwell St, Gilman, IL 60938
0.22
$225,000
4
2
2,592
Recently Sold
110 N Hartwell St, Gilman, IL 60938
0.22
$159,600
2
3
1,500
Off Market
430 E Dent St, Gilman, IL 60938
0.25
$149,999
2
1
1,038
Recently Sold
515 E Mann St, Gilman, IL 60938
0.27
$238,300
3
2
1,400
Off Market

Local Information

  • Map ViewExplore the area around 532 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
1972
Living Area
1,400 sqft
Price/Sqft
$165
Parking
2 Car Garage

About this House

532 E 2nd St, Gilman, IL 60938 is a 2 bedroom, 2 bathroom, 1,400 sqft single-family home built in 1972. It last sold for $215,000 on Mar 21, 2025 (15% below the $252,000 asking price). It is currently off market. The Trulia Estimate is $231,500, with a rent estimate of $1,285/month.
Last check for updates: about 17 hours ago
Listed by Jeff McMillan, (815) 686-9279
Ray Froelich Real Estate LLC
Bought with: Carson Turner, (815) 662-7292, Village Realty, Inc
Source: MRED as distributed by MLS GRID, MLS#12192303

Home Details for 532 E 2nd St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partially Finished,FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Family Room, Family Room Down, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1400 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Asphalt,Garage Door Opener,Heated Garage,On Site,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 1160 Square Feet

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: BrickNot a New Construction
Property Information
Parcel Number: 17314530080000

Price & Status

Price
List Price: $252,000
Status Change & Dates
Off Market Date: Mon Feb 24 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: Gilman
School Information
Elementary School: Iroquois West Elementary SchoolElementary School District: 10Jr High / Middle School: Iroquois West Junior High SchoolJr High / Middle School District: 10High School: Iroquois West High SchoolHigh School District: 10

Agent Information

Buyer Agent
Buyer Company Name: The Hertzberg Group

Building

Building Area
Building Area: 1400 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 10000 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12192303

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: NoSource Internet Address DisplayHide Public Remarks

Price and Tax history

DateEventPrice
Mar 21, 2025
Source: MRED as distributed by MLS GRID #12192303
Sold
$215,000
Feb 28, 2025
Source: MRED as distributed by MLS GRID #12192303
Pending
$252,000
Jan 9, 2025
Source: MRED as distributed by MLS GRID #12192303
PriceChange
$252,000
Price decreased by 7%
Dec 19, 2024
Source: MRED as distributed by MLS GRID #12192303
PriceChange
$272,000
Price decreased by 2%
Nov 17, 2024
Source: MRED as distributed by MLS GRID #12192303
PriceChange
$277,000
Price decreased by 2%

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 532 E 2nd St

  • What is 532 E 2nd St estimated to be worth?
    Trulia's estimated value for 532 E 2nd St in Gilman, IL is $231,500.
  • What is the price history for 532 E 2nd St?
    532 E 2nd St in Gilman, IL last sold for $215,000 in March 2025.
  • 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 532 E 2nd St have air conditioning?
    Yes, 532 E 2nd St in Gilman, IL has air conditioning.
  • Does 532 E 2nd St have laundry facilities?
    Yes, 532 E 2nd St in Gilman, IL has laundry facilities.

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