216 E Franklin Street

Olney, IL
$ 59,900 Beds 3 Baths 1 Sq 942
Monthly Estimate* How much can I afford?

This 3-bedroom, 1-bath home offers a functional layout and plenty of potential. With room to update and make it your own, this property could be a great fit for an owner-occupant, investor, or anyone looking for a home with value-add potential. Convenient Olney location close to everyday amenities. Sold as-is. Seller is highly motivated and ready to work with a serious buyer. Bring your offer and don't miss this opportunity to secure this home at a great value. Buyer to verify condition.

Active

  • Price
  • $ 59,900
  • City
  • Olney
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • RICHLAND
  • Half Bathrooms
  • 0
  • Area
  • Olney
  • Lot Size
  • Zip
  • 62450
  • Sqr Footage
  • 942
  • Taxes
  • $ 926
  • Style
  • MLS#
  • 12750244
Listed By: eXp Realty
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 942
Sewer Public Sewer
Heating Natural Gas,Forced Air
Cooling Central Air
Possession Closing
Association Fee Includes None
Construction Materials Vinyl Siding
Township Olney
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Richland
New Construction No
Property Type Residential
Total Rooms 6
Full Baths 1
Status Active
Directions From U.S. Route 50,head north on North West Street into town. Continue straight,then turn right onto East Franklin Street. The property at 216 East Franklin St will be on your right.
City Olney
High School District 1
MLS Area Olney
Tax Annual Amount 926
Standard Status Active
Middle/Junior School District 1
Elementary School District 1
Property Type Detached Single

Interior Features

Basement None
Total Bedrooms 3
Room Type No additional rooms
LivingAreaSource Landlord/Tenant/Seller
Total Baths 1
Bedrooms Possible 3

Exterior Features

Parking Features Yes
Water Source Lake Michigan
Total Parking 1
Lot Dimensions 6717
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Dekalb, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/4/2026 Listed $59,900

Property vs Zip Code Average in 62450

Price
AVG $60K
$60K
Taxes
AVG $926
$926

Areas That We Cover

216 E Franklin Street Olney, IL is a Single Family Home for sale at $59900 with 942 sqft and a lot size of Acre(s). 216 E Franklin Street Olney has 3 bedrooms, 1 baths . The property's zip code is 62450 which is in Olney, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.