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116 N Main St, Gilman, IL, 60938

1beds
--baths
2,040sqft
$58,900
$29price/sqft
$586/moest. monthly cost
$23,440/yrincome needed

About This Home

Original Presbyterian Church located near downtown Gilman built in 1886 as indicated by the Cornerstone built into the foundation. Inside full of History with pews, pianos, church bell, and stained-glass windows still present! Church and extra lot are zoned residential but certain variances to convert to a business would be considered by the town boards. Personal property and some pews do not stay but most all church related items do stay. Call for details.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

6/10
7/10
Iroquois West High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1886

Materials

  • Construction materials: Asbestos

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1

Foyer

  • Level: Main
  • Area: 120
  • Dimensions: 8X15

Great Room

  • Level: Main
  • Area: 1530
  • Dimensions: 45X34

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 0
  • Total interior livable area: 2,040 sqft

Master Bedroom

  • Level: Main
  • Area: 390
  • Dimensions: 26X15

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 17313600270000
  • Zoning: OTHER
  • Special condition: None

Features

  • Stories: 1

Lot

  • Lot size: 0.43 Acres
  • Lot size dimensions: 125X150

Parking

  • Total spaces: 4
  • Parking features: Off Street,Yes,Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Hail
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $297$3,564
Home Insurance *$60$720
Property Taxes $73$876
Electricity $156$1,882
Total$586$7,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,091/yr
40% on housing$17,580/yr
45% on housing$15,626/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$29This listing

vs Other Active Listings

Avg $/sqft

ZIP 60938$80
Iroquois County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 60938
Iroquois County$95

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-09-05Price change$58,900
2024-05-28Price change$61,900
2022-09-07Listed for sale$65,500

For Sale by Agent

AgentSteven Holsapple
BrokerageGold Key Realty Corporation

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