$855 Closing Credit¹
#CA1036366, Pam Perkins, Listing office: exp Realty, LLC
$50,000 List price
705 Olive St Galesburg, IL 61401
$594
Closing credit¹
3 beds
1 full, 1 partial
1,360 sqft
0.3 acres
$37 / sqft
House
Property details
About 705 Olive St
Three bedroom home with open staircase, dining room and 2 car garage on large lot. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
Size1,360 sqft
BasementYes
Lot size0.3 Acres
Year built1891
ParkingDetached
MLS #CA1036041
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached
- Heating: Natural Gas, Forced Air
- List Price: $50,000
- Price/SqFt: $36
- Annual Tax Amount: $679
- Tax Year: 2023
- Lot: Level
- Directions: Olive to 705
- Year Built: 1891
- Living Area: 1,360 SqFt
- Lot Size: 0.3 Acres
- MLS Number: CA1036041
- MLS Name: RMLSA
- Office Name: Western Illinois Realty LLC
- Listing Agent: LeAnne McKee
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.
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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: 6/20/2025, 12:50:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$50,000
705 Olive St
$594
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $13,290 | $679 |
| 2022 | $12,250 | $663 |
| 2020 | $11,560 | $692 |
| 2019 | $11,330 | $697 |
| 2018 | $9,490 | $695 |
| 2017 | $9,210 | $701 |
History based on county public records data.
Nearby schools
5
Steele School
Public District KG-4
0.8 mi
•1480 W Main St
5
Silas Willard Elementary School
Public District KG-4
1.2 mi
•460 Fifer St
2
Lombard Middle School
Public District 5-6
2.1 mi
•1220 E Knox 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 $32,375. The majority of Galesburg, IL residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
53%
<35k
37%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
68%
Single, No Kids
6%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Horse Races
Extreme Sports
Where do the neighbors shop?
Family Dollar
Stein Mart
Sam's Club
Where do the neighbors go to eat?
Church's Chicken
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Cadillac
Buick
Oldsmobile
What do the neighbors listen to?
Jazz
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 705 Olive St
The listing price of 705 Olive St property is $50,000.
The property 705 Olive St is a house located in Galesburg, Illinois, 61401.
Active Listing: 705 Olive St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 705 Olive St are: Steele School (GreatSchools Rating 5/10), Silas Willard Elementary School (GreatSchools Rating 5/10), Lombard Middle School (GreatSchools Rating 2/10), Knoxville Jr High School (GreatSchools Rating 3/10), Central Intermediate School (GreatSchools Rating 5/10), United Jr High School (GreatSchools Rating 6/10), Galesburg High School (GreatSchools Rating 2/10), Knoxville Sr High School (GreatSchools Rating 7/10), Abingdon-Avon High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $679 (source: MLS/based on county public records data).
The property at 705 Olive St has 3 bedrooms and 1 full and 1 half bathrooms.
The property 705 Olive St is 1,360 SqFt (source: MLS/tax record).
The year of construction for 705 Olive St is 1891.
This home is located at 705 Olive St in Galesburg, IL and zip code 61401. This 1,360 square foot home, which was built in 1891, sits on a 0.30 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $50,000.
While more than 9 listings in Galesburg, IL in May 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 25 were sold below. The inventory of homes for sale in Galesburg, IL between April and May 2025 increased by 10.1%. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $107,000.
From Rocket Homes Real Estate and based on county public records data.