701 Olive St, Gillespie, IL 62033
Property image
Property image
OFF MARKET
Listed by Mark E Roberts, RE/MAX Alliance, (618) 635-2900 . Bought with RE/MAX Alliance

701 Olive St
Gillespie, IL 62033

  • 3 Beds
  • 2 Baths
  • 1,800 sqft (on 0.37 acres)

$202,800

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,382/mo*

$202,800

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,382/mo*
3 Beds
2 Baths
1,800 sqft
(on 0.37 acres)

Home Value

Trulia Estimate
$203K
Since last month
Increased$600 (+0.3%)
Since last year
Increased$10K (+5.3%)
Since last sale
Increased$11K (+5.7%)
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 +256% in the last 10 years
MonthEstimated value
2026
August 2026$203K
July 2026$203K
June 2026$201K
May 2026$200K
April 2026$200K
March 2026$198K
February 2026$194K
January 2026$196K
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
0.51
Single-Family Home
$209,000
06/26/26
3
2
2,002
0.14
Single-Family Home
$310,000
04/09/26
3
2.5
2,887
0.50
Single-Family Home
$130,000
01/09/26
3
3
1,384
0.78
Single-Family Home
$170,000
03/03/26
3
2
1,550
0.47
Single-Family Home
$148,000
11/19/25
3
2
1,180
0.52
Single-Family Home
$115,000
10/06/25
3
1.5
1,465
0.81
Single-Family Home
$215,000
08/14/26
3
2
1,600
0.70
Single-Family Home
$146,040
10/10/25
3
1.5
1,500
0.12
Single-Family Home
$65,000
06/03/26
2
1
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
0.12
$314,900
3
2
1,900
For Sale
0.14
$310,000
3
2.5
2,887
Recently Sold
0.12
$65,000
2
1
1,700
Recently Sold
0.19
$8,500
-
-
-
Recently Sold
0.20
$86,100
2
1
1,120
Off Market
0.23
$175,400
3
2
1,400
Off Market
0.23
$109,200
3
1
1,300
Off Market
0.24
$102,500
2
2
1,070
Off Market
0.25
$20,000
2
2
1,150
Recently Sold
0.32
-
3
1
1,291
Off Market
0.27
$112,400
3
1
1,223
Off Market

Local Information

  • Map ViewExplore the area around 701 Olive 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
1947
Lot Size
0.37 acres
Living Area
1,800 sqft
Price/Sqft
$113
Parking
Garage

About this House

Completely updated 3 bed, 2 bath home on a spacious corner lot! Step into a formal living area with an open feel—perfect for entertaining. Living room is open to all types of furniture and layouts. The bright dining room features large windows, ideal for natural light and plant lovers. Dining area has plenty of space for a full size table and chairs. A second family room in the back offers flexible space for a home office or playroom. Stylish laminate flooring flows throughout entire house. House has been recently painted and updated to modern color schemes. The kitchen boasts ample cabinets, generous counter space, and updated stainless steel appliances. Kitchen flows into the Dining area and is great space for family and friends. A full bath is conveniently located downstairs. Upstairs, the oversized primary bedroom features a walk-in closet, accompanied by two more generously sized bedrooms with large closets and another full bath. Enjoy outdoor living with two covered porches and a large backyard—perfect for gatherings, play, or gardening. The attached garage can fit any type of vehicles and offers extra space for workshop and tools. Basement is a dry poured basement and has an extra built in storm shelter for extra security. Great place for storage.This home combines space, style, and versatility on a prime lot!
701 Olive St, Gillespie, IL 62033 is a 3 bedroom, 2 bathroom, 1,800 sqft single-family home built in 1947. It last sold for $192,400 on Jul 25, 2025 (1% above the $189,900 asking price). It is currently off market. The Trulia Estimate is $202,800, with a rent estimate of $1,427/month.

Home Details for 701 Olive St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: BlockNumber of Rooms: 9Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bathroom, Bathroom 2, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1800 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Built-In Electric Oven, Refrigerator, Water Purifier, Water SoftenerDishwasherRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane Windows, Insulated Windows
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: CoveredExterior: Entry Steps/Stairs, Private Yard
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Attached,Covered,Gravel
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1800 Square FeetFinished Area (below surface): 730

Days on Market

Cumulative Days on Market: 43

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Vinyl SidingAttached To Another StructureDoes Not Include Home Warranty
Property Information
Parcel Number: 0300261700

Price & Status

Price
List Price: $189,900
Status Change & Dates
Off Market Date: Fri Jul 25 2025

Location

Direction & Address
City: GillespieCommunity: G T Seward Sub
School Information
Elementary School: Gillespie Dist 7Jr High / Middle School: Gillespie Dist 7High School: Gillespie Community High SchooHigh School District: GILLESPIE DIST 7

Building

Building Area
Building Area: 1800 Square Feet

HOA

Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA

Lot Information

Lot Area: 0.37 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

BasementMls Number: 25041243Above Grade Unfinished Area: 1800Showing Requirements: Appointment Only, Combination Lock Box, Lockbox

Price and Tax history

DateEventPrice
Jul 25, 2025
Source: MARIS #25041243
Sold
$192,400
Jun 19, 2025
Source: MARIS #25041243
Contingent
$189,900
Jun 13, 2025
Source: MARIS #25041243
Listed For Sale
$189,900
Jan 4, 2017
Source: MARIS #16057001
Sold
$98,900
May 11, 2014
Source: Agent Provided
ListingRemoved
$30,000

Market trends in Gillespie

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
17
4
MoM

Around this home

What Locals Say about Gillespie

At least 3 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 86 % Say it's walkable to restaurants

  • 80 % Say it's walkable to grocery stores

  • 80 % Say there are sidewalks

  • 74 % Say neighbors are friendly

  • 67 % Say car is needed

  • 67 % Say streets are well-lit

  • 57 % Say kids play outside

  • 56 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 29 % Say there's wildlife

  • 22 % Say there are community events

  • 20 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Susan W.
    "Black Diamond Days, 4th of the of July at Gillespie Lake. Christmas Walk. Football games, school events. "
  • Scott L.
    "Been in the neighborhood for 15+ years and it is still safe and quaint. Close to downtown but not too loud."
  • Scott L.
    "Nice little town to raise children. Has its problems but is close to a highway and surrounding towns."
  • Scott L.
    "It's on a main road so that makes it loud with traffic most days and nights. It is still a quaint neighborhood. Should be a nice place to live in 5-10 years."

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Frequently asked questions about 701 Olive St

  • What is 701 Olive St estimated to be worth?
    Trulia's estimated value for 701 Olive St in Gillespie, IL is $202,800.
  • What is the price history for 701 Olive St?
    701 Olive St in Gillespie, IL last sold for $192,400 in July 2025.
  • Is Gillespie a buyer's or seller's market?
    Gillespie is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 701 Olive St?
    The closest schools to 701 Olive St in Gillespie, IL are Benld Elementary School (Pre-K, rated 6/10), Gillespie High School (rated 4/10), Gillespie Middle School (rated 5/10).
  • Does 701 Olive St have air conditioning?
    Yes, 701 Olive St in Gillespie, IL has air conditioning.
  • Does 701 Olive St have a yard?
    Yes, 701 Olive St in Gillespie, IL has a yard.

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