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New Construction Homes in Olney, IL

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    Call for Price Lot/Land

    000, Olney, IL 62450

    • 2.76 Acres

    Live and Online at Auction Date: 09/01/26 Auction Time: 11:00 AM CTAuction Held At: Parkside Inn & Suites, 367 N West Street, Olney, IL 62450Property Preview: Scheduled Showings by AppointmentEntire Farm Description:Located in Richland County, Illinois, Ranch & Farm Auctions will offer three outstanding tracts totaling 2.76 acres at East Fork Lake and the Richland Golf Club. This auction

    Josh Malone Whitetail Properties Real Estate

    000, Olney, IL 62450
  • /51

    $680,000 Lot/Land

    5301 N Ridge Rd, Olney, IL 62450

    • 80 Acres
    • $8,500 per Acre

    Located just 8.5 miles from Olney and 6.5 miles from Noble, this versatile 80 acre property is a rare find that offers strong income potential, exceptional hunting, and excellent access, making it ideal for farmers, hunters, and land investors. Whether you're looking to expand your farming operation, secure a proven recreational retreat, or diversify your portfolio with productive ground, this

    Josh Malone Whitetail Properties Real Estate

    5301 N Ridge Rd, Olney, IL 62450
  • /39

    Call for Price Lot/Land

    367 N West St, Olney, IL 62450

    • 2.76 Acres

    Live and Online at Auction Date: 09/01/26 Auction Time: 11:00 AM CTAuction Held At: Parkside Inn & Suites, 367 N West Street, Olney, IL 62450Property Preview: Scheduled Showings by AppointmentEntire Farm Description:Located in Richland County, Illinois, Ranch & Farm Auctions will offer three outstanding tracts totaling 2.76 acres at East Fork Lake and the Richland

    Josh Malone Whitetail Properties Real Estate

    367 N West St, Olney, IL 62450
  • /5

    $60,000 Lot/Land

    5389 N Fairway Rd, Olney, IL 62450

    • 1 Acre
    • $60,000 per Acre

    1 Acre or 44000 Square Feet lot. Call, text or email Lee or Kevin for more information

    Lee Scherer Scherer Real Estate

    5389 N Fairway Rd, Olney, IL 62450
  • /8

    $10,000 Lot/Land

    401 & 407 W Chestnut St, Olney, IL 62450

    • 15,681 Sq Ft
    • $27,778 per Acre

    Welcome to your new blank slate! Two lots for sale together or separate. The larger lot, 407, is listed at $7,000 and the smaller lot, 401, is listed at $3,000. Buy one, buy both – the choice is yours! Great location – only a few blocks from downtown! Call today to check it out!

    Wes Smith Stence Realty

    401 & 407 W Chestnut St, Olney, IL 62450

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Olney, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Olney, IL hold their value?
Yes, especially in fast-growing areas of Olney, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.
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