$119,000

506 W Walnut St Gillespie, IL 62033

$1,413
Closing credit¹
2 beds
1 full
816 sqft
$146 / sqft
House

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, Central
StatusActive
CoolingCeiling Fan(s)
Size816 sqft
BasementYes
Year built
ParkingParking Pad
MLS #CA1036051

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Interior: Ceiling Fan(s)
  • Total Bedroom Count: 2
  • Parking: Parking Pad
  • Exterior: Fenced Yard, Porch
  • Architectural Style: Ranch
  • Heating: Forced Air, Central
  • Cooling: 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

IDX 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.

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: 4/29/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style home with covered porch, fence, and a front yard

$119,000

506 W Walnut St

$1,413

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 18, 2023
Home Sold
$71,000
Feb 28, 2023
Home Sold
$42,500
Nov 10, 2016
Home Sold
$14,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,613. Typical income of Gillespie, IL residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically 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?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew 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.

Active Listing: 506 W Walnut St is For Sale (Active/New) which means the seller is accepting offers.

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.

Over 0 listings were sold over their listed price in March 2025 in Gillespie, IL. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Gillespie, IL increased by 7.7% between February and March 2025. Listings spent 94 days on the market in March 2025, and had a median list price of $115,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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