$62,500

beds

bath

1,442

square ft

203 S Wilson Street

Olney, Illinois 62450

Active / MLS #12624881 / Single Family / Olney

Listing information updated 5/12/2026 at 8:03am

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.

Full Features

Exterior Type:

Vinyl Siding

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas, Steam

Main Level Primary Bedroom:

Yes

Pool:

Age:

81-90 Years

Roof Type:

Asphalt

Parking Type:

Gravel,Yes

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,442

Lot Size:

Less Than .25 Acre

Room Information

Living Room:

17x16 - Main

Dining Room:

N/A

Kitchen:

14x10 - Main

Family Room:

N/A

Primary Bedroom:

13x12 - Main Level

2nd Bedroom:

12x11 - Main

3rd Bedroom:

27x16 - Second

4th Bedroom:

N/A

Laundry:

10x10 - Main Level

Taxes & Assessments

Tax Amount:

$885

Tax Year:

2024

Location

Zip Code:

62450

City:

Olney

County:

Richland

Schools

School District(s):

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Vinyl Siding

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas, Steam

Main Level Primary Bedroom:

Yes

Pool:

Age:

81-90 Years

Roof Type:

Asphalt

Parking Type:

Gravel,Yes

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,442

Lot Size:

Less Than .25 Acre

Living Room:

17x16 - Main

Dining Room:

N/A

Kitchen:

14x10 - Main

Family Room:

N/A

Primary Bedroom:

13x12 - Main Level

2nd Bedroom:

12x11 - Main

3rd Bedroom:

27x16 - Second

4th Bedroom:

N/A

Laundry:

10x10 - Main Level

Tax Amount:

$885

Tax Year:

2024

Zip Code:

62450

City:

Olney

County:

Richland

School District(s):

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: WILEY REALTY GROUP

Listing Office Phone: 618.508.4848

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/12/2026 at 8:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.