$220,000
SOLD AUG 22, 2025

824 W 3rd St Gilman, IL 60938

3 Beds
1 Bath
1,688 Sq Ft
0.48 Acres

Recently Sold

$130 Per Sq Ft

8% Below List Price

89 Days on Market

Highlights

  • Bonus Room
  • Patio
  • Laundry Room
  • Formal Dining Room
  • Living Room
  • Bathroom on Main Level

About This Home

As of August 2025

Nestled on the edge of Gilman, this charming one-story ranch home offers the perfect blend of town convenience and peaceful country living. Custom built in 1980 and lovingly maintained by its original owner, the home features three bedrooms, a full bathroom with granite countertops, and a versatile bonus room ideal for an office or hobby space. Situated on a spacious half-acre lot, the property showcases mature landscaping, a stamped concrete front and back patio perfect for outdoor gatherings, and sweeping views of surrounding corn and soybean fields. The attached double garage includes 6-inch thick reinforced concrete flooring, a convenient kitchenette with a refrigerator and microwave, and both garages are heated for year-round comfort, complemented by over five additional parking spaces. A garden shed with a loft adds extra storage. With scenic surroundings and timeless quality, this home is a rare find.

Last Agent to Sell the Property

Alaina Kief

Kief Realty License #475181027 Listed on: 04/29/2025

Co-Listed By

Craig Kief

Kief Realty License #471001282

Last Buyer's Agent

Stephanie Wilson

McColly Bennett Real Estate License #475202430

McColly Bennett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1980

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 105x200

Parking

  • 5 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,033

Year Built

Built in 1980

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1688
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 1688
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1688
  • Basement Sq Ft: 0
  • Total Sq Ft: 1688
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1688
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 229900
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Concrete, Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 10

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.48
  • Lot Dimensions: 105X200
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3033
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
Aug 22, 2025
Sold by
Daniel William Raasch Revocable Trust and Raasch Daniel William
Bought by
Miller Brenda L
Seller's Agent
Alaina Kief
Kief Realty
Buyer's Agent
Stephanie Wilson
McColly Bennett Real Estate
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.73%
Original Mortgage
$176,000
Outstanding Balance
$176,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$51,808

Purchase Details

Closed on
Dec 26, 2024
Sold by
Raasch Daniel W
Bought by
Daniel William Raasch Revocable Trust and Raasch
Source: Public Records

Range of Values:

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Average Value
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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

Date Type Sale Price Title Company
Deed $220,000 None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $220,000 -4.3% $130 / Sq Ft
07/27/2025 07/27/25 Pending -- -- --
07/08/2025 07/08/25 Price Changed $229,900 -2.1% $136 / Sq Ft
06/11/2025 06/11/25 Price Changed $234,900 -2.1% $139 / Sq Ft
04/29/2025 04/29/25 For Sale $239,900 -- $142 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $3,303 $53,280 $7,720 $45,560
2023 $3,303 $50,380 $7,300 $43,080
2022 $3,033 $49,880 $7,230 $42,650
2021 $2,689 $42,640 $6,180 $36,460
2020 $2,648 $39,730 $5,760 $33,970
2019 $2,563 $38,420 $5,570 $32,850
2018 $2,281 $37,410 $5,420 $31,990
2017 $2,283 $34,710 $5,320 $29,390
2016 $2,286 $36,740 $5,320 $31,420
2015 $2,586 $34,270 $5,250 $29,020
2014 $2,586 $33,640 $5,150 $28,490
2013 $2,876 $35,130 $5,380 $29,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12351809

Midwest Real Estate Data (MRED)

APN: 16-31-452-009