403 E 2nd St, Gilman, IL 60938 Property Records

Iroquois County property record for 403 E 2nd St, Gilman, IL 60938 · Last verified July 2026

Property Highlights

Property TypeResidential > Single Family > Home
Lot Size7,406 sqft (0.17 acres)
OccupancyOwner Occupied
Last Sale$45,000 (2018)
Tax Bill$2,397.00 (2025)

Property Details

APN / Parcel Number

Primary APN17 31 378 005

Exterior

Lot Area7,406 sqft (0.17 acres)

Location & Zoning

Street Address403 E 2ND ST
CityGILMAN
StateIL
Zip60938-1412
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionW2 LTS 7 & 8 BLK 62 CITY OF GILMAN
Legal Block62
Legal Lot Number7,8
JurisdictionIROQUOIS IL
Minor Civil DivisionDOUGLAS
Census Blockgroup1
Census Block1102
Census Tract950600

Owner

Source: Iroquois County records · APN 17 31 378 005

Assessment roll updated July 17, 2026 · Last verified July 2026

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

Owner of RecordIndividual Name on File
Mailing Address403 E 2ND ST, GILMAN, IL 60938-1412
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Jul 06, 2023Intrafamily Transfer, Transfer
ATTORNEY ONLY, ATTORNEY
Aug 09, 2018Warranty Deed, Transfer · Commercial Mortgage
FEDERATED BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleAug 09, 2018 · Amount on Record
Deed SaleAug 09, 2018 · Amount on Record
Deed Doc Number20182457
Last Transfer DateJul 05, 2023
Transfer Doc0000001883
Record RefreshedSep 20, 2026

July 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionIROQUOIS IL
Recording DateJul 06, 2023
Property Address403 E 2ND ST, GILMAN, IL 60938-1412
Document Number00023R1883
Instrument DateJul 05, 2023
Instrument23R1883
Transaction TypeTransfer
Record UpdatedJul 26, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Interfamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants In Common
Address403 E 2ND ST, GILMAN, IL 60938-1412
InvestorPossibly a Property Investor

August 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionIROQUOIS IL
Recording DateAug 09, 2018
Property Address403 E 2ND ST, GILMAN, IL 60938-1412
Document Number18R2457
Instrument DateAug 09, 2018
Instrument18R2457
Transaction TypeTransfer
Record UpdatedJul 13, 2021
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$67.50
Amount AccuracyFrom Affidavit or Verified
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 133, GILMAN, IL 60938-0133
InvestorPossibly a Property Investor

Mortgage

Document Number18R2458
DateAug 09, 2018
Instrument18R2458
Lender
NameFEDERATED BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueAug 09, 2023
Interest
Rate8.37%

Tax Assessment & Valuation

Source: Iroquois County records · Assessment roll updated July 17, 2026 · Last verified July 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

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$2,397.00 (+15.85%)$36,770 (+13.24%) Land $5,260 Building $31,510$110,310 (+13.24%) Land $15,780 Building $94,530
2022$2,069.00 (+11.72%) Homeowner's exemption$32,470 Land $4,640 Building $27,830$97,410 Land $13,920 Building $83,490
2021$1,852.00

Flood & Wildfire

403 E 2nd St is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Iroquois County (17075C), updated August 16, 2011

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on E 2nd St

Nearby Streets

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