Discover a unique opportunity on South Lott Boulevard in Gibson City. This Illinois State Police-owned property is being offered strictly as is, with no guarantees, representations, or warranties of any kind. The three-bedroom, two-bath ranch retains the footprint of a traditional single-level home, yet previous smoke and fire damage is visible throughout, and personal belongings remain inside. The seller will not perform any cleanup or repairs, and all removal and restoration will be the responsibility of the purchaser. Caution should be exercised when entering, as the property will require substantial work. All offers must be submitted using the Illinois State Police purchase contract. A deposit of twenty-five hundred dollars in earnest money will be required at acceptance. Closing may take up to sixty days and will be completed through a title company to ensure proper conveyance. Although the property is sold as is, any back taxes, liens, or outstanding obligations will be satisfied so that title transfers free and clear. This opportunity is available to cash buyers or those utilizing creative financing only. Ideal for investors, rehab specialists, or buyers seeking a project with long-term potential, this home offers a chance to restore and reimagine a property in a well-established community. Serious, pre-qualified buyers are encouraged to inquire.
Closed
$34,000
523 S Lott Blvd, Gibson City, IL 60936
3beds
1,075sqft
Single Family Residence
Built in 1975
8,000 Square Feet Lot
$33,400 Zestimate®
$32/sqft
$1,354 Estimated rent
Home value
$33,400
Estimated sales range
Not available
$1,354/mo
Zestimate® history
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List your homeWhat's special
Three-bedroom two-bath ranch
Zillow last checked:
Listing updated:
Listed by:
Rory Hertzberg 815-954-3937,
Village Realty, Inc
Bought with:
Jeanette During
TOWN & COUNTRY REALTY,LLP
Source: MRED as distributed by MLS GRID,MLS#: 12529474
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Vinyl)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12X15
Bedroom 2
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 126 Square Feet
- Dimensions: 9X14
Bedroom 3
- Features: Flooring (Other)
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14X18
Family room
- Features: Flooring (Other)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Kitchen
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Laundry
- Features: Flooring (Hardwood)
- Level: Main
- Area: 24 Square Feet
- Dimensions: 4X6
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 330 Square Feet
- Dimensions: 11X30
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Crawl Space,None
Interior area
- Total structure area: 0
- Total interior livable area: 1,075 sqft
Property
Parking
- Total spaces: 1
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 8,000 Square Feet
- Dimensions: 50 X 160
Details
- Parcel number: 09111145201100
- Zoning: SINGL
- Special conditions: Court Approval Required
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Gibson City
Financial & listing details
- Price per square foot: $32/sqft
- Tax assessed value: $33,650
- Annual tax amount: $2,479
- Date on market: 12/8/2025
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $34,000+4.6%$32/sqft |
Source:  MRED as distributed by MLS GRID #12529474 Report a problem | ||
| 12/22/2025 | Pending sale | $32,500$30/sqft |
Source: MRED as distributed by MLS GRID #12529474 Report a problem | ||
| 12/8/2025 | Listed for sale | $32,500-18.8%$30/sqft |
Source: MRED as distributed by MLS GRID #12529474 Report a problem | ||
| 9/15/2021 | Sold | $40,000-41.2%$37/sqft |
Source: MRED as distributed by MLS GRID #11031501 Report a problem | ||
| 3/17/2006 | Sold | $68,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,721 +9.8% | $33,650 +12.6% |
| 2023 | $2,479 +9.4% | $29,890 +7% |
| 2022 | $2,266 -10.1% | $27,930 +4% |
| 2021 | $2,520 +41.8% | $26,860 +5% |
| 2020 | $1,778 +3.9% | $25,580 +5% |
| 2019 | $1,710 +46.6% | $24,360 +92.6% |
| 2017 | $1,167 +0.2% | $12,650 -46.5% |
| 2016 | $1,164 | $23,650 |
| 2015 | $1,164 +5719.9% | $23,650 |
| 2014 | $20 -98.3% | $23,650 |
| 2013 | $1,205 -0.7% | $23,650 |
| 2012 | $1,214 +2.7% | $23,650 |
| 2011 | $1,181 | $23,650 |
Find assessor info on the county website
Neighborhood: 60936
Nearby homes
- $104,1003 bd1 ba1.8k sqft511 S Lott Blvd, Gibson City, IL 60936Off Market
- $90,8003 bd1 ba720 sqft525 S Lott Blvd, Gibson City, IL 60936Off Market
- $134,9003 bd2 ba1.4k sqft507 S Lott Blvd, Gibson City, IL 60936Off Market
- $26,8503 bd1 ba1.1k sqft505 S Lott Blvd, Gibson City, IL 60936Off Market
- $89,5003 bd1 ba1k sqft224 E 3rd St, Gibson City, IL 60936Off Market
- $140,9003 bd1 ba1.2k sqft514 S Church St, Gibson City, IL 60936Off Market
- $131,6003 bd1 ba1.6k sqft503 S Lott Blvd, Gibson City, IL 60936Off Market
- $64,2003 bd1 ba792 sqft516 S Church St, Gibson City, IL 60936Off Market
Nearby schools
GreatSchools rating
- 5/10Gibson City-Melvin-Sibley Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Gcms Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10GCMS High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Gibson City Elementary School
- Middle: Gibson City Junior High School
- High: Gibson City High School
- District: 5
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Ford County
- Gibson City
- 60936
- 523 S Lott Blvd
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