514 Central St
Gilman, IL 60938
3 bd 1 ba 1,124 sqft Built 1880 Lot 12,500 sqft single_family
Most recent sale
$120,000
Dec 3, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 3, 2021 | Sold | $120,000 | MLS #11245493 |
| Feb 1, 2005 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $26,720 | $7,980 | $34,700 | $2,255 |
| 2022 | $25,020 | $7,480 | $32,500 | $2,082 |
| 2021 | $21,390 | $6,390 | $27,780 | $1,865 |
| 2020 | $19,930 | $5,950 | $25,880 | $1,846 |
| 2019 | $19,270 | $5,750 | $25,020 | $1,792 |
Property facts
Year built
1880
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,124 sqft
Lot size
12,500 sqft
ZIP code
60938
City
Gilman
Street
Central St
Coordinates
40.77296, -87.99256
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 514 Central St last sell?
514 Central St most recently sold on Dec 3, 2021 for $120,000.
What is the current tax assessment for 514 Central St?
The most recent total assessment for 514 Central St (year 2024) is $34,700 with $2,255 in property tax.
How does 514 Central St's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $120,000.
When was 514 Central St built?
514 Central St was built in 1880.
How does 514 Central St compare to others on Central St?
We track 8 other properties on Central St. Browse the list under "Other properties on Central St" to compare beds, baths, and sale history.
What are the property facts for 514 Central St?
514 Central St is a 3 bed, 1 bath, 1,124 sqft, 12,500 sqft lot single_family.
Is 514 Central St a flip candidate?
No — 514 Central St does not appear in our flips dataset.
Is 514 Central St a tax-appeal candidate?
No — 514 Central St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.6%
2026 Q1
$168K
2026 Q2
$175.8K
ZIP 60938 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Central St