511 E Olive St
Decatur, IL 62526
- 4 Beds
- 1 Bath
- 1,546 sqft
4 Beds
1 Bath
1,546 sqft
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $30,000 | 09/26/25 | 2 | 1 | 1,335 | |
0.22 | Single-Family Home | $20,000 | 03/05/26 | 2 | 1 | 1,048 | |
0.37 | Single-Family Home | $60,000 | 01/05/26 | 3 | 1 | 1,012 | |
0.45 | Single-Family Home | $25,000 | 09/16/25 | 3 | 1 | 1,092 | |
0.28 | Single-Family Home | $50,000 | 11/17/25 | 5 | 3 | 1,395 | |
0.32 | Single-Family Home | $115,000 | 12/02/25 | 2 | 2 | 1,539 | |
0.52 | Single-Family Home | $100,200 | 01/20/26 | 3 | 1.5 | 1,548 |
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 | $30,800 | 2 | 1 | 729 | Off Market | |
0.11 | - | 2 | 1 | 884 | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.15 | - | 2 | 1 | 1,335 | Off Market | |
0.15 | $15,000 | 2 | 1 | 912 | For Sale | |
0.18 | $117,900 | 4 | 4 | 2,400 | Off Market | |
0.19 | $660,000 | Studio | - | - | Off Market | |
0.21 | $45,900 | 3 | 1 | 1,008 | Off Market | |
0.22 | $20,000 | 2 | 1 | 1,048 | Recently Sold | |
0.26 | - | - | - | - | Off Market | |
0.25 | - | 2 | 1 | 829 | Off Market |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1885
Living Area
1,546 sqft
About this House
INVESTOR ALERT! This package includes 25 properties all located in Decatur. All are currently rented, 9 properties are Section 8 tenants. Properties included are 1408 E Olive, 450 E Olive, 443 E Olive, 527 E Olive, 263 E Olive, 451 E Olive, 545 S 19th St, 1173 E Harrison, 1854 N Maple, 1420 E Division, 1605 N Walnut Grove, 2121 W Waggoner, 1057 W Howard, 1645 N Monroe, 645 W Sawyer, 1565 N Wilson, 1023 S Silas, 1075 S Silas, 913 W View, 1789 N Lowber, 825 E Lincoln, 1201 W King, 1404 E Cantrell, 2002 N College Will be sold as a package only. Current annual net rent roll $165,390.27
511 E Olive St, Decatur, IL 62526 is a 4 bedroom, 1 bathroom, 1,546 sqft single-family home built in 1885. It last sold for $900,000 on Dec 20, 2024 (3% below the $924,000 asking price). It is currently off market. The Trulia Estimate rent is $1,099/month.
Last check for updates: about 14 hours ago
Listed by Sandra Yelovich, (217) 855-1196
Brinkoetter REALTORS®
Bought with: Austin Deaton, (217) 620-1843, Brinkoetter REALTORS®
Originating MLS: Central Illinois Board Of REALTORS
Source: CIBR, MLS#6243987

Home Details for 511 E Olive St
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Interior Details Basement: Unfinished,FullNumber of Rooms: 6Types of Rooms: Bedroom, Full Bath, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Appliances & Utilities Appliances: Gas Water Heater, None |
Heating & Cooling Heating: GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Two |
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Exterior Home Features Roof: AsphaltFoundation: Basement |
Parking & Garage No Garage |
Frontage Road Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1546 Square Feet |
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Cumulative Days on Market: 17 |
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Year Built Year Built: 1885 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Construction Materials: Aluminum Siding |
Property Information Parcel Number: 041211108010 |
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Price List Price: $924,000 |
Status Change & Dates Off Market Date: Thu Sep 26 2024Possession Timing: Closing |
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MLS Status: Closed |
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Direction & Address City: DecaturCommunity: Ha Woods Add |
School Information Elementary School District: Decatur Dist 61Jr High / Middle School District: Decatur Dist 61High School District: Decatur Dist 61 |
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Building Area Building Area: 1546 Square Feet |
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Association for this Listing: Central Illinois Board Of REALTORS |
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Lot Area: 5662.8 sqft |
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Special Conditions: None |
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BasementMls Number: 6243987Living Area Range Units: Square FeetAbove Grade Unfinished Area: 1546 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 20, 2024 Source: CIBR #6243987 | Sold | $900,000 |
Sep 27, 2024 Source: CIBR #6243987 | Pending | $924,000 |
Sep 17, 2024 Source: CIBR #6243987 | PendingToActive | $924,000 |
Sep 1, 2024 Source: CIBR #6243987 | Pending | $924,000 |
Aug 22, 2024 Source: CIBR #6243987 | Contingent | $924,000 |
Aug 8, 2024 Source: CIBR #6243987 | Listed For Sale | $924,000 |
Jun 2, 2024 Source: CIBR #6230505 | Sold | $90,000 |
Apr 4, 2024 Source: CIBR #6230505 | Pending | $100,000 |
Dec 12, 2023 Source: CIBR #6230505 | Listed For Sale | $100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $706 | $7,297 |
Home facts updated by county records
Market trends in Decatur
Last updated July 2026
Avg. sale price
$116K
$12.08KMoM
Sale-to-List Price
99.4%
0.6%MoM
Price per sq ft
$80
$3MoM
Available listings
292
29MoM
Around this home
What Locals Say about Decatur
At least 298 Trulia users voted on each feature.
88 % Say car is needed
86 % Say parking is easy
85 % Say yards are well-kept
82 % Say it's dog friendly
68 % Say there's holiday spirit
63 % Say kids play outside
63 % Say there are sidewalks
60 % Say it's quiet
53 % Say neighbors are friendly
53 % Say streets are well-lit
51 % Say people would walk alone at night
50 % Say there's wildlife
44 % Say they plan to stay for at least 5 years
36 % Say it's walkable to grocery stores
33 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Copyright Central Illinois Board of REALTORS® (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.
Frequently asked questions about 511 E Olive St
- What is the price history for 511 E Olive St?511 E Olive St in Decatur, IL last sold for $900,000 in December 2024.
- Is Decatur a buyer's or seller's market?Decatur is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Decatur?The median sale price in Decatur is $116K. That is up $12.08K from the prior month.
- What do residents say about Decatur?Residents describe Decatur, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Decatur, IL.
- Does 511 E Olive St have air conditioning?Yes, 511 E Olive St in Decatur, IL has air conditioning.
- How big is the lot at 511 E Olive St?The lot at 511 E Olive St in Decatur, IL is about 0.13 acres (5,663 sq ft).

