#25035906, Listing office: RE/MAX Alliance
Property details
About 506 W Walnut St
Welcome to this charming 2-bedroom, 1-bath home. From the moment you step inside, you'll fall in love with the character and warmth this home offers. The spacious living room and bedrooms boast beautiful original wood floors, an eye-catching exposed brick column, and tall ceilings that create an open feeling throughout. The front bay window floods the living space with natural light, making it feel even more welcoming. The kitchen offers an abundance of cabinet space, and includes all appliances, ready for you to move right in. The home sits on an oversized lot, giving you endless possibilities for outdoor living. The fully privacy-fenced backyard offers a peaceful retreat complete with a cozy fire pit area, perfect for relaxing evenings. A handy storage shed adds extra convenience, and the unfinished basement provides even more space for storage. This home offers the perfect blend of original charm, modern updates, and room to grow. Don't miss your chance to own this delightful property!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusAccepting Backup Offers
(Pending Continue to Show)
(Pending Continue to Show)
CoolingCentral Air, Ceiling Fan(s)
Size816 sqft
BasementYes
Year built
ParkingParking Pad
MLS #CA1036051
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Range Hood, Range, Refrigerator
- Basement: Yes
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 2
- Parking: Parking Pad
- Architectural Style: Ranch
- Heating: Forced Air
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $119,000
- Price/SqFt: $145
- Annual Tax Amount: $664
- Tax Year: 2023
- Lot: Level
- Directions: 55 to Gillespie IL-16 West, left on Macoupin St, to Right on W Walnut St.
- Living Area: 816 SqFt
- MLS Number: CA1036051
- MLS Name: RMLSA
- Office Name: The Real Estate Group, Inc.
- Listing Agent: Matt Garrison
Listings courtesy of RMLS Alliance as distributed by 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. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 18, 2023 | Home Sold | $71,000 |
| Feb 28, 2023 | Home Sold | $42,500 |
| Nov 10, 2016 | Home Sold | $14,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $9,679 | $664 |
| 2022 | $9,045 | $642 |
| 2021 | $8,453 | $628 |
| 2020 | $7,900 | $592 |
| 2019 | $7,524 | $594 |
| 2018 | $7,524 | $589 |
History based on county public records data.
Nearby schools
8
Ben-Gil Elementary School
Public District PK-5
0.5 mi
•340 Kelly St
5
Staunton Elementary School
Public District PK-5
7.5 mi
•801 N Deneen St
5
Russell Elementary School
Public District 4-5
9.6 mi
•705 N Jefferson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,613. Residents of Gillespie, IL typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
40%
<35k
44%
35k-100k
15%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
16%
Single, with Kids
26%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 506 W Walnut St
The listing price of 506 W Walnut St property is $119,000.
The property 506 W Walnut St is a house located in Gillespie, Illinois, 62033.
Accepting Backup Offers: 506 W Walnut St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 506 W Walnut St are: Ben-Gil Elementary School (GreatSchools Rating 8/10), Staunton Elementary School (GreatSchools Rating 5/10), Russell Elementary School (GreatSchools Rating 5/10), Gillespie Middle School (GreatSchools Rating 6/10), Mt Olive Elementary School (GreatSchools Rating 3/10), Staunton Jr High School (GreatSchools Rating 6/10), Gillespie High School (GreatSchools Rating 6/10), Mt Olive High School (GreatSchools Rating 4/10), Staunton High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $664 (source: MLS/based on county public records data).
The last sale was on May 18, 2023 for $71,000 (source: MLS/tax record).
The property at 506 W Walnut St has 2 bedrooms and 1 bathroom.
The property 506 W Walnut St is 816 SqFt (source: MLS/tax record).
The year of construction for 506 W Walnut St is 0.
This home is located at 506 W Walnut St in Gillespie, IL and zip code 62033. This 816 square foot home was built in 0. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $119,000.
In June 2025 more than 0 listings in Gillespie, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of listings in Gillespie, IL increased by 5.9% between May and June 2025. While the average time on the market in June 2025 was 29 days, the median list price was $117,500.
From Rocket Homes Real Estate and based on county public records data.