Residential

Olney, IL Residential Land & Home Lots for Sale

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Residential Land Lots Package
Updated: Jan 11
Residential Land Lots Package

401-407 West Chestnut Street, Olney, IL 62450

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15,682 sqft
Two residential lots sold together or separately: lot 407 and lot 401
Lot 407 listed at $7,000
Lot 401 listed at $3,000
Both lots are only a few blocks from downtown
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Olney, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Development Lot Next to Park
Residential Development Lot Next to Park

1003 Ash Street, Lawrenceville, IL 62439

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0.24 AC lot

Multi-lot property with utilities on site, ready for a new home or development near Wishnick Park.

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Residential Development Land Parcel
Residential Development Land Parcel

1003 Ash Street, Lawrenceville, IL 62439

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0.23 AC lot

Residential land totaling four combined lots includes utilities on site and existing shed and enclosed carport.

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Residential Land in Flora, Illinois
Residential Land in Flora, Illinois

1 & 3 Holly Lane, Flora, IL 62839

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0.60 AC lot

Two combined parcels of land in a desirable neighborhood.

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Residential Double Lot
Residential Double Lot

1 & 3 Holly Lane, Flora, IL 62839

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Double residential lot offers city utility availability for new home placement.

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Olney, IL Residential Land & Home Lots Market Trends and Statistics

Explore 1 residential land & home lots for sale in Olney, IL on our real estate platform. These investment opportunities span a total of 15,682 square feet of properties for sale, with an estimated market value of $10,000.

Sale prices for home sites in Olney, IL average $10,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 2
Hunting land 2
Commercial land 1
Recreation land 1
Residential land & home lots 1

Demographics Overview

Population 12K
Population Growth (5Y) +1.4%
Median Household Income $60,133
College Educated 27.7%

Taxes & Financing

Tax Rate (average for all types) 7.55%
Average Loan-to-Value 65.0%

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