508 S Cherry St, Mount Olive, IL 62069
Property image
Property image
OFF MARKET
Listed by Bryce A Brow, Bev George & Associates, (618) 288-0000 . Bought with Third Street Realty

508 S Cherry St
Mount Olive, IL 62069

  • 3 Beds
  • 1 Bath
  • 1,010 sqft (on 0.32 acres)

$80,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $593/mo*
Refinance Your Home

$80,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $593/mo*
Refinance Your Home
3 Beds
1 Bath
1,010 sqft
(on 0.32 acres)

Home Value

Trulia Estimate
$80.4K
Since last month
Decreased$400 (-0.5%)
Since last year
Decreased$4K (-4.6%)
Since last sale
Increased$14K (+21%)
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 +95% in the last 10 years
MonthEstimated value
2026
August 2026$83K
July 2026$83K
June 2026$81K
May 2026$80K
April 2026$80K
March 2026$80K
February 2026$80K
January 2026$77K
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
310 W 4th South St, Mount Olive, IL
0.07
Single-Family Home
$63,000
04/06/26
4
1
1,300
114 W 3rd South St, Mount Olive, IL
0.12
Single-Family Home
$60,000
12/05/25
2
1
950
206 N Walnut St, Mount Olive, IL
0.43
Single-Family Home
$50,000
02/10/26
3
1
1,017
114 W 2nd South St, Mount Olive, IL
0.18
Single-Family Home
$55,000
03/06/26
1
1
1,200
514 Putnam St, Mount Olive, IL
0.47
Single-Family Home
$65,000
12/05/25
3
1
1,339
309 W 1st South St, Mount Olive, IL
0.27
Single-Family Home
$69,000
09/18/25
3
1.5
1,400
201 N Cherry St, Mount Olive, IL
0.40
Single-Family Home
$69,000
02/12/26
2
1
1,100

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
310 W 4th South St, Mount Olive, IL 62069
0.07
$63,000
4
1
1,300
Recently Sold
411 S Walnut St, Mount Olive, IL 62069
0.08
$145,000
2
1
924
Off Market
312 W 4th South St, Mount Olive, IL 62069
0.09
$195,000
3
2
1,800
Recently Sold
304 W 3rd South St, Mount Olive, IL 62069
0.11
$63,500
2
1
1,050
Off Market
115 W 5th South St, Mount Olive, IL 62069
0.07
$135,000
2
1
1,221
Recently Sold
111 W 4th South St, Mount Olive, IL 62069
0.11
$117,500
3
2
1,843
Recently Sold
114 W 3rd South St, Mount Olive, IL 62069
0.12
$60,000
2
1
950
Recently Sold
309 W 3rd South St, Mount Olive, IL 62069
0.15
$61,688
3
1
1,257
Foreclosure
302 W 6th St S, Mount Olive, IL 62069
0.11
$204,200
3
1.5
1,920
Off Market
114 W 2nd South St, Mount Olive, IL 62069
0.18
$55,000
1
1
1,200
Recently Sold
211 W 2 S, Mount Olive, IL 62069
0.20
$139,400
3
2
1,568
Off Market

Local Information

  • Map ViewExplore the area around 508 S Cherry St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1945
Lot Size
0.32 acres
Living Area
1,010 sqft
Price/Sqft
$80
Parking
Garage

About this House

Big trees on a big level lot sits this adorable little cottage just waiting for her next owners. Move in ready. Everything you need on one floor, no steps! Detached garage and room for a workshop. Clean well cared for home, great starter home or excellent opportunity to downsize! Roof is new, including plywood, vents, gutters and ice shield! New hot water heater and expansion tank. Gas range, refrigerator, washer and dryer included! Listing broker has attempted to offer accurate data. Info presented is deemed reliable but not guaranteed. Buyer and buyers agent are responsible for verifying accuracy of all information.
508 S Cherry St, Mount Olive, IL 62069 is a 3 bedroom, 1 bathroom, 1,010 sqft single-family home built in 1945. It last sold for $68,500 on Sep 15, 2023 (2% below the $70,000 asking price). It is currently off market. The Trulia Estimate is $80,400, with a rent estimate of $1,149/month.

Home Details for 508 S Cherry St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 8
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1010 Square Feet
Appliances & Utilities
Appliances: Dryer, Range, Refrigerator, Washer, Gas Water HeaterDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
Levels, Entrance, & Accessibility
Levels: One

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageParking Spaces: 1Parking: Detached
Frontage
Road Surface Type: GravelNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1010 Square Feet

Days on Market

Cumulative Days on Market: 144

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow,Other
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 0200133000

Price & Status

Price
List Price: $70,000
Status Change & Dates
Off Market Date: Fri Sep 15 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: Mount OliveCommunity: Arkebauers Third Add
School Information
Elementary School: Mount Olive Dist 5Jr High / Middle School: Mount Olive Dist 5High School: Mt Olive Community High SchoolHigh School District: MOUNT OLIVE DIST 5

Building

Building Area
Building Area: 1010 Square Feet

HOA

Association for this Listing: Southwestern Illinois Board of REALTORS

Lot Information

Lot Area: 0.32 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: Subject to Financing, Subject to InspectionListing Terms: Cash, Conventional

Business

Business Information
Ownership: Private

Miscellaneous

Mls Number: 23042392Above Grade Unfinished Area: 1010Showing Requirements: Show at Will, Lockbox

Price and Tax history

DateEventPrice
Sep 15, 2023
Source: MARIS #23042392
Sold
$68,500
Aug 14, 2023
Source: MARIS #23042392
Contingent
$70,000
Aug 7, 2023
Source: MARIS #23042392
PriceChange
$70,000
Price decreased by 7%
Jul 19, 2023
Source: MARIS #23042392
Listed For Sale
$75,000
Jul 17, 2023
Source: RMLS Alliance as distributed by MLS GRID #CA1021776
ListingRemoved

Market trends in Mount Olive

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
16
4MoM

Around this home

What Locals Say about Mount Olive

At least 6 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say kids play outside

  • 100 % Say people would walk alone at night

  • 90 % Say yards are well-kept

  • 88 % Say car is needed

  • 80 % Say neighbors are friendly

  • 70 % Say it's dog friendly

  • 70 % Say it's quiet

  • 67 % Say there are sidewalks

  • 60 % Say it's walkable to restaurants

  • 60 % Say there's holiday spirit

  • 60 % Say streets are well-lit

  • 42 % Say it's walkable to grocery stores

  • 33 % Say there are community events

  • 29 % Say there's wildlife

  • 29 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Bsdkr
    "I have lived in this neighborhood for 13 years . My neighbors are great! Most people have at least one dog and some are cat lovers. Yards are well keep t."
    2
    Flag

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Frequently asked questions about 508 S Cherry St

  • What is 508 S Cherry St estimated to be worth?
    Trulia's estimated value for 508 S Cherry St in Mount Olive, IL is $80,400.
  • What is the price history for 508 S Cherry St?
    508 S Cherry St in Mount Olive, IL last sold for $68,500 in September 2023.
  • Is Mount Olive a buyer's or seller's market?
    Mount Olive is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Mount Olive?
    Residents describe Mount Olive, IL as easy to park in, well-kept, and neighborly. Most residents say you need a car. See recently sold homes in Mount Olive, IL.
  • Does 508 S Cherry St have air conditioning?
    Yes, 508 S Cherry St in Mount Olive, IL has air conditioning.
  • Does 508 S Cherry St have laundry facilities?
    Yes, 508 S Cherry St in Mount Olive, IL has in-unit laundry.

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