316 N Commerce St

1,272 Sq. Ft.
$169 / Sq. Ft.
1,272
Sq. Ft.
$169
per Sq. Ft.

Description

This well-kept single story home has a partially finished basement that features living area, a sink with kitchen cabinets, and a 3rd bedroom or office space. Poured concrete foundation walls. 24 x 30 two car attached garage. Fireplace with a gas insert in the main floor living room. Fenced back yard, some hardwood floors, covered patio, 8 x 10 shed for extra-storage space.This well-kept single story home has a partially finished basement that features living area, a sink with kitchen cabinets, and a 3rd bedroom or office space. Poured concrete foundation walls. 24 x 30 two car attached garage. Fireplace with a gas insert in the main floor living room. Fenced back yard, some hardwood floors, covered patio, 8 x 10 shed for extra-storage space.
  1. Listed by Steven Holsapple • Gold Key Realty Corporation
    P: (815)-265-7100 C: (815)-263-5201 sholsapple@att.net

Property Details for 316 North Commerce Street

Area
Gilman
Township
Douglas
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Air Conditioning Type
Central Air
Num of Interior Fireplaces
1
Heat/Fuel
Natural Gas
LISTING UPDATED: 11/25/2025 12:07 AM

Property Details for 316 North Commerce Street

StatusActive
MLS #12478904
Days on Market109
Taxes$1,383 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1 Story
Year Built1966
Lot Size0.30 AC / 13,000 SF
CountyIroquois County

Location

Listing Courtesy of Gold Key Realty Corporation
Add your commute

Building Information for 316 North Commerce Street

Stories-Year Built1966Building Size-Lot Size0.30 AC / 13,000 SF

Payment Calculator

$1,163 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,047

Property Taxes

$115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 316 North Commerce Street

General Information
School Information
  • Elementary School District: 10
  • High School District: 10
  • Middle Or Junior School District: 10
Addtl Parking Information
  • Parking Details: Concrete, Garage Door Opener, Yes, Attached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 7
  • Bedrooms Total: 2
  • Bedrooms (Below Grade): 1
  • Fireplace Features: Gas Log, Decorative
  • Basement Type: Partially Finished, Full
  • Bedrooms Possible: 3
  • Air Conditioning: Central Air
  • Grid: 990
  • Basement Bathrooms: No
  • Fireplace Location: Living Room
  • Room Type: No additional rooms
  • Num of Baths: 1.1
Exterior Features
  • Type: 1 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Type Detached: 1 Story
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Description: Irregular
  • Lot Size: .25-.49 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 13000
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Interstate Access
  • Living Area Source: Assessor
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-10-07T20:01:56
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 12X15
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X12
Bedroom #3 Information
  • 3rd Bedroom Level: Basement
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X12
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 15X10
Family Room Information
  • Family Room Level: Basement
  • RoomType_FR: Family Room
  • Family Room Dimensions: 13X36
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 12X10
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 5X8
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 15X18

Property History for 316 North Commerce Street

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Price Change

MRED #12478904

$214,900
Oct 22, 2025

Listed (Active)

MRED #12478904

$219,900
DateEvent & SourcePrice
11/19/2025

Price Change

MRED #12478904

$214,900
10/22/2025

Listed (Active)

MRED #12478904

$219,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 316 North Commerce Street

Taxable ValueLand$5,990Additions$39,090Total$45,080
Tax Record2024$1,384 ($115 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyIROQUOISAPN17 31 311 003

Schools near 316 North Commerce Street

This home is within Iroquois West Community Unit School District 10.
Rating
School
Type
Grades
Distance
Public - 1 to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Iroquois West Elementary School/Gilman
Public1 to 3

Iroquois West Elementary Sch/Thawville
Public4 to 5

Iroquois West Middle School
Public6 to 8

Iroquois West High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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316 North Commerce Street is a single family home for sale in Gilman, IL 60938. This property was listed for sale on October 22, 2025 by Gold Key Realty Corporation, it's currently listed at $214,900. This listing's school district is Iroquois West Community Unit School District 10. Nearby schools include Iroquois West Elementary School/Gilman, Iroquois West Elementary Sch/Thawville and Iroquois West Middle School. 316 North Commerce Street is a 3-bed, 2-bath, 1,272 sqft single family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gold Key Realty Corporation

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/25/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.