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

$57,500

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,251 sqft

311 E Chestnut St, Olney, IL 62450

Est. Refi. Payment $441/mo*
Refinance Your Home
Currently Off Market - Sold Nov 16, 2020 for $38,000

Home Value

Trulia Estimate
$57.5K
Since last month
Decreased$4K (-6.5%)
Since last year
Decreased$5K (-8.3%)
Since last sale
Increased$20K (+51.8%)
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 +52% in the last 10 years
MonthEstimated value
2026
August 2026$58K
August 2026$58K
July 2026$62K
June 2026$66K
May 2026$67K
April 2026$70K
March 2026$71K
February 2026$66K
January 2026$61K
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
0.52
Single-Family Home
$77,500
07/29/26
3
1
1,094
0.15
Single-Family Home
$175,000
11/05/25
3
2
1,533
0.71
Single-Family Home
$75,000
07/13/26
3
1
1,045
0.33
Single-Family Home
$194,000
03/25/26
3
1
1,814
0.89
Single-Family Home
$94,000
04/20/26
3
1
1,380
0.29
Single-Family Home
$75,000
05/22/26
2
1
900
0.76
Single-Family Home
$98,000
01/14/26
2
1
1,110
0.32
Single-Family Home
$135,000
09/23/25
4
3
1,800
0.42
Single-Family Home
$124,000
08/18/26
3
1.5
1,385
0.53
Single-Family Home
$131,500
01/30/26
2
1
1,044

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
0.05
$168,000
4
2
2,434
Recently Sold
0.17
-
4
2
2,200
Off Market
0.16
$36,800
3
1
1,434
Off Market
0.17
$154,990
5
2
2,740
For Sale
0.22
$129,600
4
3
2,200
Off Market
0.19
$277,000
4
2.5
3,500
Off Market
0.23
$104,100
2
1
994
Off Market
0.26
$224,900
4
2.5
2,116
For Sale
0.28
$249,900
4
2
5,000
For Sale
0.29
$87,400
2
1.5
1,486
Off Market
0.29
$87,500
3
1
1,561
Off Market
0.32
$140,700
4
3
1,800
Off Market

Local Information

  • Map ViewExplore the area around 311 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
1914
Living Area
1,251 sqft
Price/Sqft
$46
Parking
Garage

About this House

This 3 bedroom, 1 bath home has loads of character. The living room and dining room have beautiful original wood trim and built-in cabinets. There is a staircase for easy access to an attic that is great for storage or could be finished for additional living space. There is also an unfinished basement with laundry. Outside is a large covered front porch and a cozy back porch off of the kitchen. There is so much potential in this charming historic home.
311 E Chestnut St, Olney, IL 62450 is a 3 bedroom, 1 bathroom, 1,251 sqft single-family home built in 1914. It last sold for $38,000 on Nov 16, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $57,500, with a rent estimate of $998/month.

Home Details for 311 E Chestnut St

Property Information

Year Built
Year Built: 1914
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Interior Features

Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Lot Information

Lot Area: 4560 sqft

Price and Tax history

DateEventPrice
Nov 16, 2020
Source: N/A
Sold
$38,000
Oct 5, 2020
Source: Agent Provided
Pending
$43,000
Oct 3, 2020
Source: Agent Provided
Listed For Sale
$43,000

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 311 E Chestnut St

  • What is 311 E Chestnut St estimated to be worth?
    Trulia's estimated value for 311 E Chestnut St in Olney, IL is $57,500.
  • What is the price history for 311 E Chestnut St?
    311 E Chestnut St in Olney, IL last sold for $38,000 in November 2020.
  • 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 311 E Chestnut St have laundry facilities?
    Yes, 311 E Chestnut St in Olney, IL has in-unit laundry.
  • How big is the lot at 311 E Chestnut St?
    The lot at 311 E Chestnut St in Olney, IL is about 0.10 acres (4,560 sq ft).

Apartments for Rent

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Off Market Homes Near 311 E Chestnut St

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Homes for sale near 311 E Chestnut St

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