
Land with Home for Sale in Olney, Illinois
3881 E Tank Farm Ln, Olney, IL 62450
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.
Location
- Street address
- 3881 E Tank Farm Ln
- County
- Richland County
- School district
- Richland County CUSD 1
- Elevation
- 471 feet
Property details
- Acreage
- 40 acres
- MLS #
- MyStateMLS 11669586
- Posted
Parcels
- 06-17-200-004
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Attached Garage, Garage
Structure
- Stories
- 1
- Heating
- Electric, Forced Air
- Cooling
- Central Air
- Roof
- Metal
Interior
- Rooms
- Bathroom, Bedroom x 2, Dining Room, Living Room
- Flooring
- Tile
- Appliances
- Dryer, Refrigerator
- Features
- Walk-In Closet
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 11, 2026 | New listing | $435,000 | — | MyStateMLS |





























































































