524 E 3rd St, Gilman, IL 60938 Property Records

Iroquois County property record for 524 E 3rd St, Gilman, IL 60938 · Last verified July 2026

Property Highlights

Property Type	Residential > Single Family > Home
Occupancy	Owner Occupied
Tax Bill	$2,890.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`17 31 451 025`
Alternative APN	`17 31 451 028`

Location & Zoning

Street Address	524 E 3RD ST
City	GILMAN
State	IL
Zip	60938-1419
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	PLAT OF OUT LOTS NO 14 & 11 SUB BEG PT 5' E OF NE COR LT 6 SE 142.15' TO C/L VAC ALLEY W 83' N TO NW COR E1/2 LT 7 TH E 80' T
Legal Lot Number	5-7
Jurisdiction	IROQUOIS IL
Minor Civil Division	DOUGLAS
Census Blockgroup	1
Census Block	1090
Census Tract	950600

Owner

Source: Iroquois County records · APN 17 31 451 025

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 Record	Individual Name on File
Mailing Address	524 E 3RD ST, GILMAN, IL 60938-1419
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Record Refreshed	Sep 20, 2026

February 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	IROQUOIS IL
Property Address	524 E 3RD ST, GILMAN, IL 60938-1419
Transaction Type	Mortgage
Record Updated	Mar 06, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00026R0546
Date	Feb 19, 2026
Instrument	26R0546

Lender

Name	PROSPECT BANK
Type	Bank
Address	GILMAN, IL 60938

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	84 Months
Due	Feb 25, 2033

Interest

Rate Type	Adjustable Rate
Rate	7.5%
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Iroquois County
County Subdivision	Douglas Township
Municipality	Gilman City
Unified School District	Iroquois 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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,890.00 (+1.4%)	$48,110 (+13.63%) Land $6,730 Building $41,380	$144,330 (+13.63%) Land $20,190 Building $124,140
2022	$2,850.00 Homeowner's exemption	$42,340 Land $5,790 Building $36,550	$127,020 Land $17,370 Building $109,650