1016 E  Chestnut St, Olney, IL 62450
Property image
Property image
OFF MARKET

$68,000

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,652 sqft

1016 E Chestnut St, Olney, IL 62450

Currently Off Market - Sold May 8, 2019 for $50,000

Home Value

Trulia Estimate
$68K
Since last month
Decreased$6K (-8.2%)
Since last year
Decreased$9K (-11.7%)
Since last sale
Increased$18K (+36.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +88% in the last 10 years
MonthEstimated value
2026
August 2026$68K
August 2026$68K
July 2026$74K
June 2026$78K
May 2026$81K
April 2026$84K
March 2026$85K
February 2026$80K
January 2026$82K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Single-Family Home
$75,000
07/13/26
3
1
1,045
0.33
Single-Family Home
$98,000
01/14/26
2
1
1,110
0.39
Single-Family Home
$175,000
11/05/25
3
2
1,533
0.23
Single-Family Home
$135,000
09/23/25
4
3
1,800
0.35
Single-Family Home
$124,000
08/18/26
3
1.5
1,385
0.18
Single-Family Home
$180,000
05/22/26
4
3
2,240
0.65
Single-Family Home
$194,000
03/25/26
3
1
1,814
0.30
Single-Family Home
$142,500
03/31/26
4
3.5
2,464
0.61
Single-Family Home
$191,000
09/12/25
3
2
1,909
0.98
Single-Family Home
$77,500
07/29/26
3
1
1,094

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$99,900
3
1.5
1,419
For Sale
0.13
$175,000
4
2.5
2,025
Off Market
0.12
$72,200
2
1
797
Off Market
0.15
$99,900
3
1
1,105
For Sale
0.20
$29,500
2
1
1,364
Off Market
0.23
$83,600
2
1
966
Off Market
0.23
$140,700
4
3
1,800
Off Market
0.24
$104,100
2
1
994
Off Market
0.27
$97,400
3
1
1,498
Off Market
0.24
$74,800
1
1
792
Off Market
0.26
$87,100
2
1.5
1,486
Off Market
0.29
$114,600
3
1
1,550
Off Market

Local Information

  • Map ViewExplore the area around 1016 E Chestnut St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1945
Living Area
1,652 sqft
Price/Sqft
$41

About this House

This single-family home is located at 1016 E Chestnut St, Olney, IL. 1016 E Chestnut St is in Olney, IL and in ZIP code 62450. This property has 3 bedrooms, 1 bathroom and approximately 1,652 sqft of floor space. This property has a lot size of 10600 sqft and was built in 1945.
1016 E Chestnut St, Olney, IL 62450 is a 3 bedroom, 1 bathroom, 1,652 sqft single-family home built in 1945. It last sold for $50,000 on May 8, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $68,000, with a rent estimate of $1,118/month.

Home Details for 1016 E Chestnut St

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: VinylPorch

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Single Family Home

Interior Features

Appliances & Utilities
Cable ReadyRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central
Interior Details
Ceiling Fan

Lot Information

Lot Area: 10598 sqft

Price and Tax history

DateEventPrice
May 8, 2019
Source: MRED as distributed by MLS GRID #EB419080
Sold
$50,000
Mar 10, 2019
Source: Agent Provided
PriceChange
$51,900
Price decreased by 13%
Dec 3, 2018
Source: Agent Provided
PriceChange
$59,900
Price decreased by 5%
Jul 14, 2018
Source: Agent Provided
Listed For Sale
$62,900

Market trends in Olney

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
36
2
MoM

Around this home

What Locals Say about Olney

At least 31 Trulia users voted on each feature.
  • 90 % Say parking is easy

  • 90 % Say yards are well-kept

  • 87 % Say people would walk alone at night

  • 79 % Say it's dog friendly

  • 76 % Say there's wildlife

  • 75 % Say car is needed

  • 74 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 70 % Say it's quiet

  • 61 % Say there are sidewalks

  • 60 % Say neighbors are friendly

  • 54 % Say it's walkable to restaurants

  • 51 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to grocery stores

  • 29 % Say streets are well-lit

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ladymystictenchi85
    "we have white squirrels, and a county fair. lots of fishing holes and swimming pool. most people are friendly"
  • BR
    "It’s small and quaint. Most people know each other. Low crime rate. Known for their white squirrels "

LGBTQ Local Legal Protections

Frequently asked questions about 1016 E Chestnut St

  • What is 1016 E Chestnut St estimated to be worth?
    Trulia's estimated value for 1016 E Chestnut St in Olney, IL is $68,000.
  • What is the price history for 1016 E Chestnut St?
    1016 E Chestnut St in Olney, IL last sold for $50,000 in May 2019.
  • Is Olney a buyer's or seller's market?
    Olney is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Olney?
    Residents describe Olney, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Olney, IL.
  • Does 1016 E Chestnut St have air conditioning?
    Yes, 1016 E Chestnut St in Olney, IL has air conditioning.
  • How big is the lot at 1016 E Chestnut St?
    The lot at 1016 E Chestnut St in Olney, IL is about 0.24 acres (10,600 sq ft).

Apartments for Rent

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Off Market Homes Near 1016 E Chestnut St

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Homes for sale near 1016 E Chestnut St

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