306 N Commerce St, Gilman, IL 60938 Property Records

Iroquois County property record for 306 N Commerce St, Gilman, IL 60938

Property Summary

Property TypeSingle Family Home
Lot Size0.146 acres (6,383 sqft)
Owner2 Individual Names on Record
Last Sale$80,000 (Aug 2020)
Tax Bill$2,822 (2025)
Deeds & MortgagesAug 2020 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN17 31 311 004

Property Details

APN / Parcel Number

Primary APN17 31 311 004

Exterior

Lot Area6,383 sqft (0.146 acres)

Location & Zoning

Street Address306 N COMMERCE ST
CityGILMAN
StateIL
Zip60938-1243
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLT 6 BLK 44 CITY OF GILMAN
Legal Block44
Legal Lot Number6
JurisdictionIROQUOIS IL
Township / Civil DivisionDOUGLAS
Census Block Group1
Census Block1075
Census Tract950600

Owner

Source: Iroquois County records, as of July 17, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address306 N COMMERCE ST, GILMAN, IL 60938-1243
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleAug 20, 2020 · Amount on Record
Deed SaleAug 20, 2020 · Amount on Record
Prior SaleNov 30, 2010
Deed Document Number20202587
Record UpdatedSep 20, 2026

August 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionIROQUOIS IL
Recording DateAug 20, 2020
Property Address306 N COMMERCE ST, GILMAN, IL 60938-1243
Document Number20R2587
Instrument DateAug 20, 2020
Instrument20R2587
Transaction TypeTransfer
Record UpdatedJul 13, 2021

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$120.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 63, THAWVILLE, IL 60968-0063

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address306 N COMMERCE ST, GILMAN, IL 60938-1243

Mortgage

Document Number20R2588
DateAug 20, 2020
Instrument20R2588
Lender
NameFIRST TRUST BANK OF ILLINOIS
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueSep 1, 2050
Interest
Rate3.25%

Tax Assessment & Valuation

Source: Iroquois County assessment roll, as of July 17, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyIroquois County
County SubdivisionDouglas Township
MunicipalityGilman City
Unified School DistrictIroquois West Community Unit School District 10 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,822.00 (+15.09%)$42,250 (+13.24%) Land $2,860 Building $39,390$126,750 (+13.24%) Land $8,580 Building $118,170
2022$2,452.00 Homeowner's exemption$37,310 Land $2,520 Building $34,790$111,930 Land $7,560 Building $104,370

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective August 16, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (2008)
Claims Outside the SFHA1 of 1
Most Recent ClaimJan 2008 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemGILMAN
serves 1,793 people · EPA ID IL0750450
Water SourceGroundwater
Last State InspectionDec 2025
Lead3 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 303 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Conxxus
Fiber
8,000 / 8,000
Xfinity
Cable
1,200 / 35
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T, Nextlink, Verizon, Watch TV.

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