516 Thomas St
Gilman, IL 60938
4 bd 2 ba 2,621 sqft Built 1900 Lot 11,761 sqft single_family
Most recent sale
$170,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $170,000 | MLS #11449200 |
| Jun 28, 2022 | Listed | $165,000 | MLS #11449200 |
| Aug 24, 2020 | Sold | $121,000 | MLS #10731886 |
| Jun 1, 2020 | Listed | $125,000 | MLS #10731886 |
| May 28, 2020 | Listing removed | $125,000 | MRED |
| May 26, 2020 | Relisted | $125,000 | MLS #10457430 |
| May 21, 2020 | Listing removed | $125,000 | MRED |
| May 8, 2020 | Price changed | $125,000 | MLS #10457430 |
| Apr 25, 2020 | Relisted | $139,900 | MLS #10457430 |
| Apr 21, 2020 | Listing removed | $139,900 | MRED |
| Oct 2, 2019 | Price changed | $139,900 | MLS #10457430 |
| Jul 19, 2019 | Listed | $145,200 | MLS #10457430 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $50,910 | $6,700 | $57,610 | $4,029 |
| 2022 | $47,660 | $6,280 | $53,940 | $10 |
| 2021 | $40,740 | $5,370 | $46,110 | $10 |
| 2020 | $37,950 | $5,000 | $42,950 | $1,300 |
| 2019 | $36,700 | $4,840 | $41,540 | $2,854 |
| 2018 | $35,740 | $4,710 | $40,450 | $2,578 |
| 2017 | $35,110 | $4,630 | $39,740 | $2,645 |
| 2016 | $35,110 | $4,630 | $39,740 | $2,653 |
| 2015 | $34,670 | $4,570 | $39,240 | $2,600 |
| 2014 | $34,040 | $4,490 | $38,530 | $2,576 |
| 2013 | $35,540 | $4,690 | $40,230 | $2,707 |
| 2012 | $36,460 | $4,810 | $41,270 | $10 |
| 2010 | $39,230 | $5,180 | $44,410 | $2,922 |
| 2008 | $41,527 | $4,988 | $46,515 | $3,630 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,621 sqft
Lot size
11,761 sqft
ZIP code
60938
City
Gilman
Street
Thomas St
Coordinates
40.76238, -87.99046
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
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Thomas St last sell?
516 Thomas St most recently sold on Aug 29, 2022 for $170,000.
What is the current tax assessment for 516 Thomas St?
The most recent total assessment for 516 Thomas St (year 2024) is $57,610 with $4,029 in property tax.
How does 516 Thomas St's assessment compare to its last sale price?
The current assessment is 66.1% below the last sale price of $170,000.
When was 516 Thomas St built?
516 Thomas St was built in 1900.
How does 516 Thomas St compare to others on Thomas St?
We track 8 other properties on Thomas St. Browse the list under "Other properties on Thomas St" to compare beds, baths, and sale history.
What are the property facts for 516 Thomas St?
516 Thomas St is a 4 bed, 2 bath, 2,621 sqft, 11,761 sqft lot single_family.
Is 516 Thomas St a flip candidate?
No — 516 Thomas St does not appear in our flips dataset.
Is 516 Thomas St a tax-appeal candidate?
No — 516 Thomas 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 Thomas St