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Frank Sheley
REALTOR®
(815) 262-1256

216 E Franklin Street , Olney, IL 62450

$75,000
  • 216 E Franklin Street , Olney, IL 62450 Main Photo

42 Total Photos [Click to View All]

New to the Market New
BEDS3 BATHS1 full SQUARE FEET942 MLS#12624678
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 1

Property Description

Move-in ready with immediate potential, this property offers a flexible opportunity for a wide range of buyers. Whether you're looking for a primary residence, rental investment, or your next renovation project, this home delivers a solid foundation to build on. The interior is functional and livable as-is, allowing for a seamless move-in experience, while still offering room for cosmetic updates to elevate value over time. For investors, this creates an ideal scenario for a light-value-add flip or a rent-ready asset with upside. With the option to update at your own pace or enjoy the home in its current condition, this property presents a practical and strategic opportunity in today's market.

216 E Franklin Street | MLS# 12624678

This single family home located at 216 E Franklin Street , Olney, IL 62450 is currently listed for sale with an asking price of $75,000. This property has 3 bedrooms and 1 full baths with 942 sq. ft. E Franklin Street is located within the District 1 school district. Search Olney real estate on franksheley.dickersonnieman.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Heating: Natural Gas, Forced Air
Lot Size: 6,717
Taxes: $926

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: None
Exterior: Vinyl Siding
Lot Dimensions: 6717
Parcel#: 11103407018000
Sewer: Public Sewer
Total Rooms: 6
Township: Olney
Water: Lake Michigan

Room Sizes

Bedroom 2: 11X7
Bedroom 3: 11X10
Dining Room: 15X15
Kitchen: 11X12
Laundry: 4X5
Living Room: 15X13
Primary Bedroom: 11X10

Local Schools

School District: District 1

Listed By / Shown By

Listed By

Agency Name: EJC REAL ESTATE SERVICES
Agency Phone: 773-236-7844

Shown By

Agent Name: Frank Sheley
Agent Phone: (815) 262-1256
Agency Title: Dickerson & Nieman Realtors

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Estimate Your Payment

Estimated Payment

$ 265.96 per month $166.92 Principal & Interest $77.17 Property Tax $21.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 04/21/2026. The listing information on this page last changed on 04/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/21/2026 12:17:57 AM EST) or MRED MLS (last updated Tue 04/21/2026 12:11:57 AM EST) or SCWMLS (last updated Mon 04/20/2026 11:54:33 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/20/2026 10:15:22 PM EST) or Northern Illinois Commercial Association Realtors (last updated Mon 04/20/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Dickerson & Nieman Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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