216 E Franklin Street, Olney, IL

$75,000

Overview

  • 348416
  • Property ID
  • Updated On:
  • April 20, 2026
  • 3
  • Bedrooms
  • 1
  • Bathrooms
  • 942 ft2
  • Property Size

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.

Bathrooms
1
Bedrooms
3
Climate Control
Air Conditioning
Heating
Floor Area
500-1,000 sqft
Other Features
Central Air
Forced Air
Lake Michigan
Natural Gas
Public Sewer
Vinyl Siding

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$384.54
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 290.79

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Information for the property at 216 E Franklin Street, Olney, IL, 62450 (Property ID: 348416) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi