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

$20,000

Last sold price
  • 4 Beds
  • 2 Baths
  • 2,200 sqft

601 E Chestnut St, Olney, IL 62450

Currently Off Market - Sold Dec 29, 2023 for $20,000

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
203 N East St, Olney, IL
0.20
Single-Family Home
$135,000
09/23/25
4
3
1,800
312 N Mill St, Olney, IL
0.25
Single-Family Home
$142,500
03/31/26
4
3.5
2,464
530 S East St, Olney, IL
0.32
Single-Family Home
$124,000
08/18/26
3
1.5
1,385
719 E Cherry St, Olney, IL
0.24
Single-Family Home
$80,000
08/28/25
2
1
966
213 S Morgan St, Olney, IL
0.21
Single-Family Home
$168,000
05/15/26
4
2
2,434
403 N Fair St, Olney, IL
0.43
Single-Family Home
$194,000
03/25/26
3
1
1,814
701 S East St, Olney, IL
0.41
Single-Family Home
$35,000
06/08/26
2
2
1,700

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
123 S Mill St, Olney, IL 62450
0.08
$105,200
2
1
994
Off Market
202 N Mill St, Olney, IL 62450
0.18
$82,500
2
1.5
1,486
Off Market
203 N East St, Olney, IL 62450
0.20
$140,700
4
3
1,800
Off Market
403 S Elliott St, Olney, IL 62450
0.19
$154,990
5
2
2,740
For Sale
213 S Morgan St, Olney, IL 62450
0.21
$168,000
4
2
2,434
Recently Sold
309 N Elliott St, Olney, IL 62450
0.24
$132,100
4
3
2,200
Off Market
312 N Mill St, Olney, IL 62450
0.25
$142,500
4
3.5
2,464
Recently Sold
415 S Elliott St, Olney, IL 62450
0.21
$277,000
4
2.5
3,500
Off Market
328 N Elliott St, Olney, IL 62450
0.27
$249,900
4
2
5,000
For Sale
402 S Morgan St, Olney, IL 62450
0.24
$36,800
3
1
1,434
Off Market
719 E Cherry St, Olney, IL 62450
0.24
$83,600
2
1
966
Off Market

Local Information

  • Map ViewExplore the area around 601 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
1922
Living Area
2,200 sqft

About this House

Welcome to your future home in the heart of Olney, Illinois! This cozy 4-bedroom, 2-bathroom property is now available for sale, offering an excellent opportunity for homeowners and investors alike. This property is being offered in its current condition, providing you with the chance to customize and update it according to your preferences and needs. Whether you're looking to invest, renovate, or make it your forever home, this property has incredible potential.
601 E Chestnut St, Olney, IL 62450 is a 4 bedroom, 2 bathroom, 2,200 sqft single-family home built in 1922. It last sold for $20,000 on Dec 29, 2023 (20% below the $24,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,386/month.
Last check for updates: about 7 hours ago
Listed by Derek Morgan, (866) 534-3726
USRealty.com, LLP
Bought with: Non-Member Non-Member, Non-Member
Originating MLS: Capital Area Association of Realtors
Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1025219
Based on information submitted to the MLS GRID as of 2026-08-27 00:17:35 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Home Details for 601 E Chestnut St

Interior Features

Interior Details
Basement: Partial,UnfinishedNumber of Rooms: 11Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Additional Level, Kitchen, Lower Level, Main Level, Third Floor, Upper Level
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2200 Square Feet
Heating & Cooling
Heating: ElectricHas HeatingHeating Fuel: Electric
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Exterior Home Features
Roof: Shingle
Parking & Garage
No CarportNo GarageNo Attached Garage
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 42

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Not a New Construction
Property Information
Parcel Number: 1103204265

Price & Status

Price
List Price: $24,900

Active Status

MLS Status: Sold

Location

Direction & Address
City: OlneyCommunity: Olney
School Information
High School: East Richland

Building

Building Area
Building Area: 2200 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Capital Area Association of Realtors

Lot Information

Lot Area: 7930 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: CA1025219

Price and Tax history

DateEventPrice
Dec 29, 2023
Source: RMLS Alliance as distributed by MLS GRID #CA1025219
Sold
$20,000
Nov 20, 2023
Source: RMLS Alliance as distributed by MLS GRID #CA1025219
Pending
$24,900
Nov 8, 2023
Source: RMLS Alliance as distributed by MLS GRID #CA1025219
PriceChange
$24,900
Price decreased by 34%
Oct 30, 2023
Source: RMLS Alliance as distributed by MLS GRID #CA1025219
PriceChange
$38,000
Price decreased by 5%
Oct 6, 2023
Source: RMLS Alliance as distributed by MLS GRID #CA1025219
Listed For Sale
$39,900

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
2MoM

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"
    1
    Flag
  • BR
    "It’s small and quaint. Most people know each other. Low crime rate. Known for their white squirrels "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 601 E Chestnut St

  • What is the price history for 601 E Chestnut St?
    601 E Chestnut St in Olney, IL last sold for $20,000 in December 2023.
  • 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.
  • What are the closest schools to 601 E Chestnut St?
    The closest schools to 601 E Chestnut St in Olney, IL are East Richland Elementary School (rated 6/10), East Richland High School (rated 8/10), East Richland Middle School (rated 7/10).
  • How big is the lot at 601 E Chestnut St?
    The lot at 601 E Chestnut St in Olney, IL is about 0.18 acres (7,930 sq ft).

Apartments for Rent

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Off Market Homes Near 601 E Chestnut St

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