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701 Olive Street

Gillespie, IL 62033

3 beds
2 baths
1,800 sqft
16,148 sqft lot
$105 per sqft
1947 build
– on site

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!

Listing courtesy of MARIS / RE/MAX Alliance

Last checked: Checking… • Last updated Jun 13, 2025 •

MLS# 25041243 —

The Building

Year Built:

1947
Year Built Source:

Other
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Contemporary
Exterior Features:

Entry Steps/Stairs, Private Yard
Window Features:

Double Pane Windows, Insulated Windows
Patio And Porch Features:

Covered
Basement:

true
Basement:

8 ft + Pour, Block
Above Grade Finished Area:

1,800 Sqft
Below Grade Finished Area:

730

Interior

Rooms Total:

9
Levels:

Two
Fireplace:

false
Living Area Source:

Other
Living Area:

1800

Financial & Terms

Listing Terms:

Cash, Conventional, FHA, USDA, VA Loan
Lease Considered:

false
Home Warranty:

false

Location

Longitude:

-89.806541
Latitude:

39.122288

The Property

Property Sub Type:

Single Family Residence
Property Type:

Residential
Parcel Number:

03-002-617-00
Lot Features:

Back Yard, Corner Lot, Front Yard, Level, Open Lot
Lot Size Acres:

0.3707
Lot Size Dimensions:

150 x 108
Lot Size Source:

Public Records
Waterfront:

false
Property Attached:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$1,170

Beds

Upper Level Bedrooms:

3
Bedrooms Total:

3

Baths

Bathrooms Total:

2
Main Level Bathrooms Full:

1
Upper Level Bathrooms Full:

1
Bathrooms Full:

2

Heating & Cooling

Cooling:

Central Air
Heating:

Forced Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Built-In Electric Oven, Refrigerator, Water Purifier, Water Softener

Schools

Elementary School:

Gillespie Dist 7
Middle School:

Gillespie Dist 7
High School:

Gillespie Community High Schoo
High School District:

Gillespie Dist 7

The Community

Subdivision Name:

G T Seward Sub
Association:

false
Pool:

No

Parking

Parking Features:

Attached, Covered, Gravel
Garage Size Description:

30 x 25
Garage Spaces:

2
Garage:

true
Carport:

false

Monthly cost estimate

Asking price

$189,900

Expense	Monthly cost
Mortgage	$1,016
Taxes	$97
Insurance	$52
Utilities	$163 See report
Total	$1,328/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/12/25 Jun 12, 2025	Listed / Active	MARIS	$189,900	92.0% (10.9% / YR)
1/4/17 Jan 4, 2017		MARIS	$98,900	226.4% (62.8% / YR)
5/29/13 May 29, 2013		MARIS	$30,299

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This house located in Gillespie, IL 62033 is currently for sale for $189,900. 701 Olive Street is a 1,800 square foot house with 3 beds and 2 baths that has been on Estately for 3 days. This house is in the attendance area of Gillespie High School, Gillespie Middle School, and Ben-Gil Elementary School.

Listing Courtesy of: MARIS and RE/MAX Alliance.

Based on information submitted to the MLS GRID. 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.

Information from Third Parties, Deemed Reliable but Not Verified.