$192,400
SOLD JUL 25, 2025

701 Olive St Gillespie, IL 62033

3 Beds
2 Baths
1,800 Sq Ft
0.37 Acres

Recently Sold

$107 Per Sq Ft

1% Above List Price

6 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • No HOA
  • Ben-Gil Elementary School Rated 9+
  • Private Yard
  • Covered Patio or Porch

About This Home

As of July 2025

Completely updated 3 bed, 2 bath home on a spacious corner lot! Step into a formal living area with an open feel—perfect for entertaining. Living room is open to all types of furniture and layouts. The bright dining room features large windows, ideal for natural light and plant lovers. Dining area has plenty of space for a full size table and chairs. A second family room in the back offers flexible space for a home office or playroom. Stylish laminate flooring flows throughout entire house. House has been recently painted and updated to modern color schemes. The kitchen boasts ample cabinets, generous counter space, and updated stainless steel appliances. Kitchen flows into the Dining area and is great space for family and friends. A full bath is conveniently located downstairs. Upstairs, the oversized primary bedroom features a walk-in closet, accompanied by two more generously sized bedrooms with large closets and another full bath. Enjoy outdoor living with two covered porches and a large backyard—perfect for gatherings, play, or gardening. The attached garage can fit any type of vehicles and offers extra space for workshop and tools. Basement is a dry poured basement and has an extra built in storm shelter for extra security. Great place for storage.This home combines space, style, and versatility on a prime lot!

Last Agent to Sell the Property

Mark Roberts

RE/MAX Alliance License #475.208136 Listed on: 06/12/2025

RE/MAX Alliance

Co-Listed By

Michael Bellovich

RE/MAX Alliance License #475157792

Last Buyer's Agent

Andrew Milkovich

RE/MAX Alliance License #475.201563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1947

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 150 x 108
  • Corner Lot
  • Level Lot
  • Open Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Electric Oven
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Ceilings are 8 Feet High
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gillespie Dist 7 Elementary And Middle School
  • Gillespie Community High Schoo

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-002-617-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Directions: Route 4 in Gillespie turn on Easton and head East on Easton to Olive St. House is first one on corner.
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Back Yard, Corner Lot, Front Yard, Level, Open Lot
  • Lot Size Acres: 0.3707
  • Co List Office Mls Id: MISRALL09
  • Co List Office Phone: 618-635-2900
  • Co List Office Phone: 618-635-2900
  • MLS Status: Closed
  • Subdivision Name: G T Seward Sub
  • Above Grade Finished Sq Ft: 1800
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Window Features: Double Pane Windows, Insulated Windows
  • MIS_RoomFlooring: Laminate
  • MIS_AboveGradeFinishedAreaSrchSqFt: 1800.00
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Laminate
  • PreviousStatus: Active Under Contract
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Ceramic Tile
  • MIS_PoolYN: 0
  • MIS_BelowGradeFinishedAreaSrchSqFt: 730.00
  • MIS_EfficiencyYN: 0
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: 8 ft + Pour, Block
  • Appliances: Dishwasher, Built-In Electric Oven, Refrigerator, Water Purifier, Water Softener
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 730
  • Fireplace: No
  • MIS_LowerLevelBathroomsFull: 0
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 0
  • MIS_UpperLevelBathroomsFull: 1
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 3

Exterior Features

  • Waterfront: No
  • Disclosures: Flood Plain No, Lead Paint, Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Entry Steps/Stairs, Private Yard
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Attached, Covered, Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: GILLESPIE DIST 7
  • Junior High Dist: GILLESPIE DIST 7
  • High School: Gillespie Community High Schoo
  • Middle Or Junior School: GILLESPIE DIST 7

Lot Info

  • Lot Dimensions: 150 x 108
  • Parcel Number: 03-002-617-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Jul 25, 2025
Sold by
Allen Chelsea M
Bought by
Larsen Kyle and Larsen Andra
Seller's Agent
Mark Roberts
RE/MAX Alliance
Buyer's Agent
Andrew Milkovich
RE/MAX Alliance
List Price
$189,900
Sold Price
$192,400
Premium/Discount to List
$2,500
1.32%
Views
8
Current Estimated Value
$202,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,907
Avg. Annual Appreciation
10.22%
Original Mortgage
$196,536
Outstanding Balance
$196,221
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$5,775

Purchase Details

Listed on
Aug 10, 2016
Closed on
Dec 12, 2016
Sold by
Mueller Ryan and Davis Melanie
Bought by
Allen Chelsea M
Seller's Agent
Judy Spencer Dona
Century 21 Reid Baugher Realty
Buyer's Agent
Joelle Leitschuh
Cisler & Associates Real Estate
List Price
$98,900
Sold Price
$98,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$99,126
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Hsbc Bank Usa
Bought by
Mueller Ryan and Davis Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- M County Title
Warranty Deed $99,000 Community Title
Warranty Deed $30,299 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,536 New Conventional
Previous Owner $99,126 New Conventional
Previous Owner $25,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2025 07/25/25 Sold $192,400 +1.3% $107 / Sq Ft
06/12/2025 06/12/25 For Sale $189,900 +92.0% $106 / Sq Ft
01/04/2017 01/04/17 Sold $98,900 0.0% $54 / Sq Ft View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $98,900 -- $54 / Sq Ft
Source: MARIS MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,213 $25,638 $3,446 $22,192
2023 $1,170 $23,739 $3,191 $20,548
2022 $1,170 $22,186 $2,982 $19,204
2021 $1,066 $26,735 $2,787 $23,948
2020 $1,048 $26,328 $2,732 $23,596
2019 $1,022 $19,360 $2,602 $16,758
2018 $973 $18,796 $0 $0
2017 $942 $18,038 $2,424 $15,614
2016 $937 $18,038 $2,424 $15,614
2015 $952 $18,038 $2,424 $15,614
2014 $964 $18,038 $2,424 $15,614
2013 $948 $18,976 $2,550 $16,426
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS25041243

MARIS MLS

APN: 03-002-617-00