Yep, the engine, at least. When I was 7, in 1976, for Christmas I got the 1976 Lionel Rock Island Line O27 set with the 0-4-0. beats me where the cars went but I'm thankful I still have the locomotive. I have bene wanting to make a shelf to hang on the wall of the layout room to place it where it can be seen.
It's a little corroded from being in storage in attics and sheds since the 1990s, but I bet it'd run if I had the track and transformer. I really didn't put a lot of miles on the thing back then as I never had a permanent place to run it as a kid.
I also have a wood locomotive toy my dad made for me long before that. I must have cherished it as a kid as I didn't beat it up much (something I usually did with toys I really loved as a kid)