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Contingent
  • Price cut: $1.4K (5/20)
    $67,500

    601 E Lafayette St, Olney, IL 62450

    3beds
    1,216sqft
    : 
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    Single Family Residence
    Built in 1940
    6,554 Square Feet Lot
    $-- Zestimate®
    $56/sqft
    $-- HOA

    What's special

    This cute 3-bedroom home is ready for your personal touches! Don't let the affordable price fool you-situated on a nice corner lot, this property has so much to offer. The rounded front door highlights the classic 1940s character, while the living room features original hardwood floors and an arched entryway into the informal dining room. Large windows in both rooms allow plenty of natural light to flow through the space. The galley kitchen makes cooking convenient, and the two main-floor bedrooms are a comfortable size. One bedroom includes a washer and dryer hookup for easy, main-level laundry. The upstairs bedroom is spacious and includes a bonus room perfect for storage or a small office. A large screened-in sunroom adds valuable living space for most of the year and leads directly to the covered patio-ready for springtime enjoyment. The detached 2-car garage provides covered parking and extra space for tools, lawn equipment, or hobbies. A partial basement offers even more storage options. With a metal-roofed garage, vinyl siding, central heat and air, and a great corner lot, this 3-bedroom home delivers tremendous value. Potential buyers are encouraged to ask about financing options and available grants they may qualify for.
    211 days
    |
    158
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Phil Wiley 618-676-7445,

    WILEY REALTY GROUP

    Source: MRED as distributed by MLS GRID,MLS#: EB460613MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Screened Porch, Storage
      Primary bedroom
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 11X12
      Bedroom 2
      • Features: Flooring (Vinyl)
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 11X12
      Bedroom 3
      • Features: Flooring (Other)
      • Level: Second
      • Area: 100 Square Feet
      • Dimensions: 10X10
      Dining room
      • Features: Flooring (Vinyl)
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 14X13
      Kitchen
      • Features: Flooring (Vinyl)
      • Level: Main
      • Area: 90 Square Feet
      • Dimensions: 9X10
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12X14
      Screened porch
      • Features: Flooring (Vinyl)
      • Level: Main
      • Area: 152 Square Feet
      • Dimensions: 8X19
      Storage
      • Features: Flooring (Other)
      • Level: Second
      • Area: 154 Square Feet
      • Dimensions: 11X14
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Unfinished,Egress Window,Partial
      Interior area
      • Total structure area: 1,576
      • Total interior livable area: 1,216 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes, Detached, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 1.5
      • Patio & porch: Deck, Patio, Screened
      Lot
      • Size: 6,554 Square Feet
      • Dimensions: 58x113
      • Features: Corner Lot, Level
      Details
      • Parcel number: 1103406005
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Frame
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Olney

      Financial & listing details

      • Price per square foot: $56/sqft
      • Tax assessed value: $17,071
      • Annual tax amount: $224
      • Date on market: 12/19/2025
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,054/mo

        Price history

        DateEventPrice
        6/26/2026Contingent$67,500$56/sqft
        Source: MRED as distributed by MLS GRID #EB460613 Report a problem
        5/20/2026Price change$67,500-2%$56/sqft
        Source: MRED as distributed by MLS GRID #EB460613 Report a problem
        4/30/2026Listed for sale$68,900$57/sqft
        Source: MRED as distributed by MLS GRID #EB460613 Report a problem
        3/27/2026Contingent$68,900$57/sqft
        Source: MRED as distributed by MLS GRID #EB460613 Report a problem
        11/29/2025Listed for sale$68,900+68%$57/sqft
        Source: RMLS Alliance as distributed by MLS GRID #EB460613 Report a problem
        4/1/2021Sold$41,000-16.3%$34/sqft
        Source: Agent Provided Report a problem
        3/23/2021Pending sale$49,000$40/sqft
        Source: My State MLS #10943712 Report a problem
        12/10/2020Price change$49,000-6.7%$40/sqft
        Source: Racklin Realty Inc. #10943712 Report a problem
        10/6/2020Listed for sale$52,500$43/sqft
        Source: Racklin Realty Inc. #10943712 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$223 -2.4%$17,071 +8%
        2023$229 -3%$15,807 +8%
        2022$236 -64.8%$14,636 +5%
        2021$671 $13,939 -11%
        2020-- $15,666
        2019-- $15,666
        2018-- $15,666 +1%
        2017-- $15,511 +5%
        2016-- $14,773 +4%
        2015-- $14,205 +2%
        2014-- $13,926 +9.2%
        2013-- $12,753
        2011-- $12,753 -1%
        2010-- $12,881
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        Getting around

        29 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Richland County Elementary Schoo
        • Middle: Richland County Middle School
        • High: Richard County High School
        • 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.

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