Why rent when you can own? This 3-bedroom home offers incredible value at just $62,500 and is perfect for buyers seeking an affordable home that is ready for a little TLC or investors looking for a solid return. Located on a low-traffic street, you'll enjoy a quieter setting with minimal upkeep thanks to the small yard, ideal for anyone who prefers low-maintenance living. The exterior features maintenance-free vinyl siding, replacement windows, and a nice patio out back for relaxing or entertaining. Inside, you'll find a spacious living room that flows into a functional galley-style kitchen with updated countertops, ample cabinetry, and included appliances. The main floor offers two nicely sized bedrooms connected by a convenient Jack-and-Jill closet. Upstairs, the expansive 432 sq. ft. bedroom provides endless possibilities-use it as a large primary suite, or easily convert it into multiple rooms to suit your needs. The laundry room, located at the back of the home, offers an impressive amount of storage space-something you don't often find at this price point. Whether you're looking for an affordable place to call home or a smart investment opportunity, this property checks the boxes. Need help with financing? We're here to guide you every step of the way.
Active
$62,500
203 S Wilson St, Olney, IL 62450
3beds
1,442sqft
Single Family Residence
Built in 1940
-- sqft lot
$-- Zestimate®
$43/sqft
$-- HOA
What's special
Low-traffic streetTwo nicely sized bedroomsSmall yardIncluded appliancesFunctional galley-style kitchenUpdated countertopsAmple cabinetry
- 52 days |
- 564 |
- 29 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Phil Wiley 618-676-7445,
WILEY REALTY GROUP
Source: MRED as distributed by MLS GRID,MLS#: 12624881
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Second
- Area: 432 Square Feet
- Dimensions: 27X16
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14X10
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17X16
Heating
- Natural Gas, Steam
Cooling
- None
Appliances
- Laundry: Electric Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,442
- Total interior livable area: 1,442 sqft
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1.5
Lot
- Dimensions: 50x100x13x100
- Features: Irregular Lot, Level
Details
- Additional structures: None
- Parcel number: 11104203012
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Olney
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $11,651
- Annual tax amount: $885
- Date on market: 5/12/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,196/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $62,500$43/sqft |
Source:  MRED as distributed by MLS GRID #12624881 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $885 +5.4% | $11,651 +8% |
| 2023 | $840 +4.8% | $10,788 +8% |
| 2022 | $801 -0.3% | $9,989 +5% |
| 2021 | $804 +1% | $9,513 +2% |
| 2020 | $796 -1% | $9,326 |
| 2019 | $803 +1.5% | $9,326 |
| 2018 | $792 +1.6% | $9,326 +1% |
| 2017 | $779 +3.7% | $9,233 +5% |
| 2016 | $751 +3% | $8,793 +4% |
| 2015 | $729 +4.5% | $8,455 +2% |
| 2014 | $698 +11.9% | $8,289 +9.2% |
| 2013 | $624 +0.5% | $7,591 |
| 2011 | $620 -0.1% | $7,591 -1% |
| 2010 | $621 | $7,668 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 62450
Nearby schools
GreatSchools rating
- 6/10East Richland Elementary SchoolGrades: K-5Distance: 2.1 mi
- 7/10East Richland Middle SchoolGrades: 6-8Distance: 1.6 mi
- 8/10East Richland High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: 1
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Richland County
- Olney
- 62450
- 203 S Wilson St
Nearby cities
Nearby zip codes
Other Olney Topics
