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$49,900
311
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 996 sqft
Garage Yes
Taxes $1,138
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $50
MLS® Number 12175573

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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!Show Description
MLS® Number12175573
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementUnfinished, Full
DrivewayOn Site, Garage Owned, Detached, Garage
Garage Spaces
HeatNatural Gas, Electric, Forced Air
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Bedroom 2:Main9 × 10 ft
Living Room:Main18 × 12 ft
Master Bedroom:Main10 × 12 ft
Kitchen:Main12 × 12 ft
Bedroom 3:Main9 × 9 ft

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