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Preforeclosure Homes in Gilman, IL

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Gilman, IL Foreclosures

How much do homes sell for in Gilman, IL?
The average home price is currently $161,852.
In Gilman, IL, how many homes are available?
There are currently 1 active home listings available in Gilman.
What’s the average rental cost in Gilman, IL?
The average rental price in Gilman is $1,824.
What is the most expensive home in Gilman?
The most expensive home sold in Gilman had a price of $2,811,570.
What is currently the cheapest priced home in Gilman, IL?
The cheapest home for sale in Gilman is priced at $10,033.

Living in Gilman, IL

Gilman, IL is a quaint community in Iroquois County characterized by its friendly atmosphere and rural charm. Residents enjoy a tranquil lifestyle with access to essential amenities and community events. With quality educational institutions and nearby recreational options, this town offers a perfect blend of rural living and convenience.

Current Market Conditions in Gilman, IL

The real estate market in Gilman is currently stable, with prices maintaining a moderate level compared to the surrounding areas. The demand for homes has remained consistent, largely due to the town's attractive living conditions and affordability.

Trends indicate a slight increase in home renovations and improvements, as residents invest in their properties to enhance their value and comfort. This reflects a growing trend towards home ownership in the area.

Home Value Estimator For Gilman, IL

There are currently 880 real estate properties in Gilman, IL, with a median automated valuation model (AVM) price of $135,940.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gilman, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gilman, IL, is $161,852.00, with the most expensive house in Gilman, IL, topping out at $2,811,570.00 and the cheapest home in Gilman, IL, clocking in at $10,033.00. In other words, there’s something for every potential homebuyer or savvy investor in Gilman, IL!

Rent Prices In Gilman, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gilman, IL, is on a rollercoaster ride. The average rent price in Gilman, IL, is $1,824.00. Indeed, when looking to rent in Gilman, IL, you can expect to pay as little as $760.00 or as much as $2,530.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in Gilman, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gilman, IL Preforeclosure Homes


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