HOT 104 N DOUGLAS ST GILMAN, IL 60938

Features

• Price/sqft: $60
• Lot Size: 7932 sq. ft.
• Total Rooms: 4
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
• Heating: Forced Air Heating

Facts

• Year Built: 01/01/1900
• Property ID: 890150594
• MLS Number: 12175573
• Parcel Number: 16 31 481 009
• Property Type: Single Family Home
• County: IROQUOIS
• Legal Description: LT 9 BLK 66 CITY OF GILMAN
• Listing Status: Active

Foreclosure Info

• REO Document Number: 2023.1357
• REO Recording Date: 2023-05-09 00:00:00.0
• Auction Address: , WATSEKA

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. CONTRACT SALE OPTIONS! Charming Fixer-Upper in Gilman, IL - Great Investment Opportunity! Due to a new job, the owner is moving on from this project, offering you a chance to create your dream home. This cozy 3-bedroom, 1-bath home with a full basement (which includes a shower and potential for an additional bathroom) and a detached 1-car garage is located on a corner lot in the heart of Gilman. With 996 square feet of potential, this property is a true diamond in the rough. It's situated in a quiet neighborhood, close to local amenities and schools. **Investment Potential:** The owner estimates an After Repair Value (ARV) of 135k with a remodel cost of approx 25k-ideal for investors or DIY enthusiasts looking for a great opportunity. Several nearby properties are also being renovated, providing strong comparables. Key updates include professionally replaced electrical systems and paid finishes (lights, switches, etc.), offering a solid foundation for your renovations. The spacious living area and functional kitchen layout are ready for your design ideas. Plus, the large backyard is perfect for gardening or outdoor gatherings. Bring your vision and transform this house into a beautiful home! Whether you're looking to flip or invest in a rental property, this is a must-see opportunity in Gilman. Don't miss out-schedule your viewing today!

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