104 N Douglas Street, Gilman IL 60938

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$59,900

104 N Douglas Street, Gilman, IL 60938

bedrooms

bathrooms

square feet

996

Acreage

Open Houses

year built

1900

Full Baths

Half Baths

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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!

Location
Subdivision	-
County	Iroquois
Elementary School	-
Middle School	-
High School	-

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MLS number: 12175573

Listing agent: Daniel Gordon #471022027

Listing broker: Re/Max Realty Associate (217) 373-4964

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, January 15 2025 at 1:09 a.m. EST

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