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.
Gibson City is located in Illinois. Gibson City, Illinois has a population of 3,339. Gibson City is more family-centric than the surrounding county with 36.78% of the households containing married families with children. The county average for households married with children is 28.94%.
The median household income in Gibson City, Illinois is $41,218. The median household income for the surrounding county is $50,851 compared to the national median of $57,652. The median age of people living in Gibson City is 40 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 38.4 inches per year, with 21.8 inches of snow per year.