505 W 2nd South Street
Mount Olive, IL 62069
- – beds
- – baths
- 960 sqft
- 10,498 sqft lot
- $26 per sqft
- 1950 build
- – on site
Explore this charming 2-bedroom, 1.5-bath home with a newer roof, some replacement windows, and a large yard. Conveniently located near I-55 for easy highway access, this property offers a mix of small-town living and accessibility. The home, featuring hardwood floors throughout, has the potential to be refinished to its former beauty, adding character to the space. The kitchen boasts old-school sturdy cabinets with a cottage-like charm, perfect for enhancing with butcher block tops. Additionally, the property includes a small garage outside that needs a new roof but is structurally sound. With alley access and a basement half bath, this home provides added convenience and potential for various uses. Utilities are on and functional, and the sewer has been replaced. Perfect for a flip, this property presents an excellent opportunity to transform into a profitable investment or a cozy and inviting living space that combines character with modern updates.
Last checked:
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Checking…
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Last updated May 13, 2025
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MLS# 25031186 —
The Building
-
Year Built:1950
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Construction Materials:Frame
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Architectural Style:Bungalow
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Roof:Architectural Shingle
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Basement:Bathroom, Block, Full, Unfinished
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Basement:false
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Above Grade Finished Area:960 Sqft
Interior
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Levels:One and One Half
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Rooms Total:5
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Fireplace:false
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Living Area:960
Financial & Terms
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Possession:Close Of Escrow
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Listing Terms:Cash, Conventional
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Home Warranty:false
Location
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Longitude:-89.7335
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Latitude:39.070545
The Property
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Property Condition:Fixer
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Property Sub Type:Single Family Residence
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Property Type:Residential
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Parcel Number:02-001-115-00
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Lot Features:Back Yard, Few Trees, Level
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Lot Size Acres:0.241
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Lot Size Area:0.24
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Lot Size Units:Acres
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Lot Size Square Feet:10,498 Sqft
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Lot Size Dimensions:100 x 140
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Lot Size Source:Public Records
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Waterfront:false
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Development Status:Completed
Listing Agent
- Contact info:
- Agent phone:
- (618) 407-1234
- Office phone:
- (618) 407-1234
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,550
Heating & Cooling
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Cooling:Central Air
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Heating:Forced Air, Natural Gas
Utilities
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Sewer:Public Sewer
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Electric:Ameren
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Water Source:Public
Schools
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Elementary School:Mount Olive Dist 5
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Middle School:Mount Olive Dist 5
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High School:Mt Olive Community High School
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High School District:Mount Olive Dist 5
The Community
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Subdivision Name:G G Arkebauers 3rd Add
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Association:false
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Association Fee Includes:Other
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Pool:No
Parking
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Garage:false
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Carport:false
Monthly cost estimate
Asking price
$25,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$133
|
| Taxes | $129 |
| Insurance | $6 |
| Utilities | N/A |
| Total | $268/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/13/25
May 13, 2025
|
Listed / Active | MARIS | $25,000 |
