NOT LISTED FOR SALE

516 Gilbert Terrace Machesney Park, IL 61115

Estimated Value: $161,000 - $221,000

3 Beds
2 Baths
1,540 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2025

Last sale price $190,000 $123 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,322 / mo

1 Day on Market

Highlights

  • Deck
  • Fenced Yard
  • Patio
  • Ranch Style House
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System

About This Home

As of September 2025

Beautiful brick 3-bedroom, 2-bath home for sale in Machesney Park, IL! Featuring a brand-new roof (2024) and charming curb appeal with nice landscaping, a welcoming front porch, and a lovely walkway. Inside, enjoy an open floor plan with hardwood floors, ceiling fans, and a renovated bathroom. Two bedrooms are located upstairs, and the kitchen offers a fridge, stove, and microwave. The finished basement includes a second bathroom, a nice laundry area, and plenty of extra living space. Recent updates include a new water heater (2024) and AC (2021). Outside, relax in the fenced yard with a wooden fence, plus a 220 outlet in the garage for convenience. Great location near shopping, parks, and the Rock River!

Last Agent to Sell the Property

Fidel Batres

Keller Williams Realty Signature License #475133262 Listed on: 08/13/2025

Keller Williams Realty Signature

Last Buyer's Agent

Mark Payne

DICKERSON & NIEMAN License #475127655

DICKERSON & NIEMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1946

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced Yard

Home Design

  • House
  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof

Kitchen

  • Stove
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Marquette Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,391

Year Built

Built in 1946

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Interior Amenities: Other/None
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Fuses
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Water Softener
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 560
  • General Features: Deck, Main Floor Primary, Patio, Fenced Yard
  • Legal Description: LIBERTY PARK SUB PT SW 1/4 SEC 30-45-2 LOT 8 + WLY 14 FT LOT 07B BLOCK 006
  • Lot Acreage: 0.24
  • Lvt Date: 08/13/2025
  • Number of Main Level Full Bathrooms: 2
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 6028
  • Egress: Yes
  • Elementary School: Marquette Elementary
  • Estimated Total Finished Sq Ft: 1540
  • Garage Type Driveway: Detached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Beautiful brick 3-bedroom, 2-bath home for sale in Machesney Park, IL! Featuring a brand-new roof (2024) and charming curb appeal with nice landscaping, a welcoming front porch, and a lovely walkway. Inside, enjoy an open floor plan with hardwood floors, ceiling fans, and a renovated bathroom. Two bedrooms are located upstairs, and the kitchen offers a fridge, stove, and microwave. The finished basement includes a second bathroom, a nice laundry area, and plenty of extra living space. Recent updates include a new water heater (2024) and AC (2021). Outside, relax in the fenced yard with a wooden fence, plus a 220 outlet in the garage for convenience. Great location near shopping, parks, and the Rock River!
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 14x10
  • Family Room: No
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 14x10
  • Recreation Room: Yes, On Level: Lower, Dimensions: 12x28
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Building Info

  • Year Built: 1946

Tax Info

  • Year: 2024
  • Taxes: 3391

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2025
Closed on
Oct 21, 2025
Sold by
Bought by
Seller's Agent
Fidel Batres
Keller Williams Realty Signature
Buyer's Agent
Mark Payne
DICKERSON & NIEMAN
List Price
$190,000
Sold Price
$190,000
Views
55
Current Estimated Value
$192,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,774
Avg. Annual Appreciation
1.85%
Original Mortgage
$152,000
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2025
Closed on
Sep 10, 2025
Sold by
Bought by
Seller's Agent
Fidel Batres
Keller Williams Realty Signature
Buyer's Agent
Mark Payne
DICKERSON & NIEMAN
List Price
$190,000
Sold Price
$190,000
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2016
Closed on
Dec 1, 2016
Sold by
Bought by
Seller's Agent
Fidel Batres
Keller Williams Realty Signature
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$89,000
Sold Price
$93,000
Premium/Discount to List
$4,000
4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$91,315
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 1998
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$190,000 None Listed On Document
$93,000 Title Underwriters Agency
$67,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $152,000
Previous Owner $91,315
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2025 09/10/25 Sold $190,000 0.0% $123 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $190,000 +104.3% $123 / Sq Ft
12/01/2016 12/01/16 Sold $93,000 0.0% $95 / Sq Ft View Prior Sale
12/01/2016 12/01/16 Sold $93,000 -3.1% $95 / Sq Ft View Prior Sale
10/18/2016 10/18/16 Pending -- -- --
10/18/2016 10/18/16 Pending -- -- --
10/13/2016 10/13/16 Price Changed $96,000 -2.0% $98 / Sq Ft
09/23/2016 09/23/16 Price Changed $98,000 +10.1% $100 / Sq Ft
09/22/2016 09/22/16 For Sale $89,000 0.0% $91 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $89,000 -7.8% $91 / Sq Ft
05/19/2016 05/19/16 For Sale $96,500 +302.1% $98 / Sq Ft
03/06/2015 03/06/15 Sold $24,000 0.0% $33 / Sq Ft View Prior Sale
12/26/2014 12/26/14 Pending -- -- --
12/22/2014 12/22/14 Off Market $24,000 -- --
12/16/2014 12/16/14 For Sale $24,000 -- $33 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,391 $42,596 $3,891 $38,705
2022 $3,244 $34,504 $3,152 $31,352
2021 $3,027 $32,091 $2,932 $29,159
2020 $2,795 $30,569 $2,793 $27,776
2019 $2,890 $29,280 $2,675 $26,605
2018 $3,001 $28,320 $2,587 $25,733
2017 $3,060 $27,543 $2,516 $25,027
2016 $3,021 $26,995 $2,466 $24,529
2015 $2,898 $25,587 $2,423 $23,164
2014 $2,191 $25,587 $2,423 $23,164
Source: Public Records

Agents Affiliated with this Home

  • Fidel Batres

    Seller's Agent in 2025

    Fidel Batres

    Keller Williams Realty Signature

    (815) 677-8331

    59 in this area

    1,016 Total Sales

    Fidel Batres
    Section Image
  • Mark Payne

    Buyer's Agent in 2025

    Mark Payne

    DICKERSON & NIEMAN

    (815) 978-0788

    27 in this area

    279 Total Sales

    Mark Payne
    Section Image

  • J

    Seller's Agent in 2015

    John Murray

    Key Realty

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202504864

NorthWest Illinois Alliance of REALTORS®

APN: 08-30-376-015

Illinois Winnebago County Machesney Park 61115

516 Gilbert Terrace, Machesney Park, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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