$37,000
SOLD FEB 17, 2026

1202 N Gilbert St Danville, IL 61832

3 Beds
1.5 Baths
2,068 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: February 17, 2026

$18 Per Sq Ft

47% Below List Price

84 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Front Porch
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom

About This Home

As of February 2026

Exceptional Investment Opportunity with Classic Charm
Discover the potential in this spacious, bank-owned property! Perfect for investors or buyers seeking a home ready for a personalized renovation. Boasting 4 bedrooms plus a main-level office/flex room that could easily serve as a 5th bedroom along with sunrooms on main and upper level. Laundry is on the main level. This home features original hardwood floors and original wood trim throughout, offering a fantastic opportunity for a stunning, custom refinish. An appraisal is available upon request. This home is being sold as is.

Last Agent to Sell the Property

Kelly McMasters

RE/MAX ULTIMATE License #471.022090 Listed on: 11/06/2025

RE/MAX ULTIMATE

Last Buyer's Agent

Kelly McMasters

RE/MAX ULTIMATE License #471.022090 Listed on: 11/06/2025

RE/MAX ULTIMATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range Hood
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • No Hot Water

Additional Features

  • Front Porch
  • 6,970 Sq Ft Lot

Community Details

  • Woodburys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-05-103-021

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 2068.0
  • Lot Size Acres: 0.16
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 2
  • Subdivision Name: Woodburys Add
  • Year Built: 1913
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1034.0
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Appliances: No Hot Water, Range Hood
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bath in Primary Bedroom, Main Level Primary
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 2

Exterior Features

  • Construction Type: Stucco
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Danville District #118

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 23-05-103-021
  • Zoning: R-1

Tax Info

  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2025
Closed on
Feb 13, 2026
Sold by
Old National Bank
Bought by
Tran Kenneth and Vu Hong
Seller's Agent
Kelly McMasters
RE/MAX ULTIMATE
Buyer's Agent
Kelly McMasters
RE/MAX ULTIMATE
List Price
$70,000
Sold Price
$37,000
Premium/Discount to List
-$33,000
-47.14%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93715.08%

Purchase Details

Closed on
Sep 5, 2025
Sold by
Sheriff Of Vermilion County
Bought by
Old National Bank
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $18,500 None Listed On Document
Sheriffs Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2026 02/17/26 Sold $37,000 -26.0% $18 / Sq Ft
01/29/2026 01/29/26 Pending -- -- --
01/27/2026 01/27/26 Price Changed $50,000 -23.1% $24 / Sq Ft
11/21/2025 11/21/25 Price Changed $65,000 -7.1% $31 / Sq Ft
11/06/2025 11/06/25 For Sale $70,000 -- $34 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $23,113 $3,840 $19,273
2023 -- $19,850 $3,298 $16,552
2022 $0 $17,576 $2,920 $14,656
2021 $0 $16,274 $2,704 $13,570
2020 $569 $15,724 $2,613 $13,111
2019 $0 $15,724 $2,613 $13,111
2018 $0 $15,646 $2,600 $13,046
2015 -- $13,895 $2,309 $11,586
2014 $551 $13,895 $2,309 $11,586
2013 $551 $13,895 $2,309 $11,586
Source: Public Records

Agents Affiliated with this Home

  • Kelly McMasters

    Seller's Agent in 2026

    Kelly McMasters

    RE/MAX

    (217) 431-7000

    91 in this area

    159 Total Sales

    Kelly McMasters
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6256031

APN: 23-05-103-021

Illinois Vermilion County Danville 61832

1202 N Gilbert St, Danville, IL

Sold

Detached

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