Gibson City IL Commercial for Sale
$1,300,000
200 N Melvin Street Gibson City, IL 60936
- Type:
- General Commercial
- Sq.Ft.:
- 32,448
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.47 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 11617011
View additional info
Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
GIBSON CITY - FOR SALE -34 UNITS - The property is part of the Section 515 program through the U.S. Dept. of Agriculture. The rents are subsidized through this program. All buyers should be knowledgeable and qualified to purchase. Qualified buyers should have working knowledge of these types of government subsidized programs and qualified with the USDA to purchase. Financials available for qualified buyers. This property is being sold as a package with 10 additional units in Colfax, Illinois. The MLS# for that property is MLS#11617016.
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Gibson City Real Estate
The median home value in Gibson City, IL is $139,000. This is higher than the county median home value of $115,800. The national median home value is $338,100. The average price of homes sold in Gibson City, IL is $139,000. Approximately 69.46% of Gibson City homes are owned, compared to 26.87% rented, while 3.68% are vacant. Gibson City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gibson City real estate agent to arrange a tour today!
Gibson City, Illinois has a population of 3,593. Gibson City is more family-centric than the surrounding county with 40.23% of the households containing married families with children. The county average for households married with children is 30.68%.
The median household income in Gibson City, Illinois is $47,091. The median household income for the surrounding county is $55,011 compared to the national median of $69,021. The median age of people living in Gibson City is 43.8 years.
Gibson City Weather
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 37.6 inches per year, with 18.4 inches of snow per year.