3881 E. Tank Farm Lane, Olney, IL 62450

$435,000 List Price
Accepted Offer on 4/16/2026
2 Beds
1 Baths
1400 SF
Built In 2014
 
Listing ID 11669586
Property Type House w/Accessory
County Richland
Township Preston
Neighborhood Rural
School Richland County CUSD 1
Tax ID 06-17-200-004
FEMA Flood Map fema.gov/portal
Year Built 2014
   
Virtual Tour

40 Acres with Two Living Quarters!

A Sportsman's paradise near Olney! Escape to your own private retreat on 40 beautiful acres just north of Olney. This unique property features two separate living quarters , making it perfect for multi-generational living, guests, or rental income. The main home, built in 2014, is part of a spacious barndominium measure 72' x 42'.Inside you'll find nearly 1,400 sq. ft. of comfortable living space, including 2 bedrooms, 1 bath, laundry, and an open living, kitchen, and dining area. Attached is a 28' x 42' garage with three overhead doors, plus an additional 11' x 42' heated and cooled multi-purpose space. The home is connected to EJ water and includes a whole-house generator. The separate accessory living quarters have their own uitilities, offering excellent rental income potential or space for extended family. Outdoor enthusiasts will love the established trails throughout the wooded acreage, wide enough for side-by-side vehicles. The property is rich with wildlife and has a proven history of mature whitetail deer and eastern turkey. Additional features include: .Approximately12.5 acres of tillable ground .4.5-5 acres of hay ground providing additional income .Orchard with peach, cherry, pear, and apple trees .Blackberry bushes and asparagus .Greenhouse for gardening enthusiasts .An estimated $25,000 in harvestable timber Conveniently located approx. 2.5 miles north of Olney, this property offers the perfect blend of country privacy, recreation, and income potential.
Property Details
  • 2 Total Bedrooms
  • 1 Full Bath
  • 1400 SF (AG)
  • 1400 SF (Total)
  • 40.00 Acres
  • Built in 2014
  • 1 Story
  • Available 3/03/2026
Interior Features
  • Open Kitchen
  • Laminate Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Washer
  • Dryer
  • Ceramic Tile Flooring
  • Living Room
  • Dining Room
  • Walk-in Closet
  • Kitchen
  • Laundry
  • First Floor Bathroom
  • Forced Air
  • Electric Fuel
  • Central A/C
Exterior Features
  • Steel Siding
  • Metal Roof
  • Attached Garage
  • 4 Garage Spaces
  • Municipal Water
  • Private Septic
  • Patio
  • Covered Porch
  • Driveway
  • Trees
  • Generator
  • Shed
  • Guest House
  • Outbuilding
  • Handicap Features
Listed By
Richland County Realty
Office: 618-392-7032
Mobile: 618-843-7634
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