# 314 W Second Street, Gilman, IL 60938 > **TL;DR:** 2bd/1ba single family, $65,000 ($90/sqft), 720 sqft. Est. $348/mo. Listed 32 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $65,000 | | Price/sqft | $90 | | Bedrooms | 2 | | Bathrooms | 1 full | | Square Feet | 720 | | Stories | 1 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 32 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $329 | | Estimated Insurance | $19 | | **Total** | **$348** | ## Property Highlights - 2 parking spaces ## Description ### Agent Description Opportunity meets potential in this charming 2-bedroom, 1-bath home! Whether you're a first-time homebuyer ready to make a space your own, looking to downsize, or an investor searching for your next rental property, this home offers plenty of possibilities. The functional layout features a comfortable living area, two bedrooms, and a full basement providing additional storage and utility space. Situated on a nice-sized lot. The property does need some TLC, making it a great opportunity to add your own personal touches and build equity along the way. With a little vision and creativity, this could become a cozy primary residence or a great addition to an investment portfolio. Bring your ideas and make this one your own! ## Location - **Address:** 314 W Second Street, Gilman, IL 60938 - **County:** Iroquois - **Coordinates:** 40.768221, -87.996424 - **Google Maps:** https://www.google.com/maps?q=40.768221,-87.996424 ## Listing Agent - **Name:** Elizabeth Barbosa - **Brokerage:** RE/MAX Prestige Homes - **Broker Phone:** (815) 671-6209 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/314-W-2nd-St_Gilman_IL_60938_M76360-73790?f=listhub&s=MREDIL&m=12771668&c=propsimple) ## Photos ![314 W Second Street - Photo 1](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f849095667r.jpg) ![314 W Second Street - Photo 2](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f3025880492r.jpg) ![314 W Second Street - Photo 3](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f43094665r.jpg) ![314 W Second Street - Photo 4](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f1887095476r.jpg) ![314 W Second Street - Photo 5](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f4018486741r.jpg) ![314 W Second Street - Photo 6](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f737967822r.jpg) ![314 W Second Street - Photo 7](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f800979410r.jpg) ![314 W Second Street - Photo 8](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f530326820r.jpg) ![314 W Second Street - Photo 9](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f3986387512r.jpg) ![314 W Second Street - Photo 10](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f3081583405r.jpg) ![314 W Second Street - Photo 11](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f1194076567r.jpg) ![314 W Second Street - Photo 12](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f1354361490r.jpg) ![314 W Second Street - Photo 13](http://lh.rdcpix.com/32aefc33970014220df1902f6e7f4183l-f430257551r.jpg) --- **MLS#:** 12771668 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 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.* [View on PropertySimple](https://www.propertysimple.ai/listing/314-w-second-street-gilman-il-60938-30445537a511473ca8f6df7d1e9a5f9f) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/314-w-second-street-gilman-il-60938-30445537a511473ca8f6df7d1e9a5f9f#listing", "url": "https://www.propertysimple.ai/listing/314-w-second-street-gilman-il-60938-30445537a511473ca8f6df7d1e9a5f9f", "name": "314 W Second Street, Gilman, IL 60938", "description": "Opportunity meets potential in this charming 2-bedroom, 1-bath home! Whether you're a first-time homebuyer ready to make a space your own, looking to downsize, or an investor searching for your next rental property, this home offers plenty of possibilities. 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