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For sale
  • $175,000

    1027 S Chicago Ave, Freeport, IL 61032

    3beds
    1,488sqft
    : 
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    Single Family Residence
    Built in 1897
    7,405 Square Feet Lot
    $168,000 Zestimate®
    $118/sqft
    $-- HOA

    What's special

    Updated bathroomMain floor laundryNew vinyl plank flooring
    Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Updated 2-story home with 3-bedroom and 2-bathrooms with main floor laundry! Features include new vinyl plank flooring, updated bathroom, vinyl windows on main floor, and 100-amp electrical service. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $175,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month’s rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.
    129 days
    |
    135
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Olga Kampmeier,

    Keller Williams Realty Signature

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202601104MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 182.21
      • Dimensions: 13.7 x 13.3
      Bedroom 2
      • Level: Upper
      • Area: 114.13
      • Dimensions: 11.3 x 10.1
      Bedroom 3
      • Level: Basement
      • Area: 102.72
      • Dimensions: 10.7 x 9.6
      Dining room
      • Level: Main
      • Area: 149.16
      • Dimensions: 13.2 x 11.3
      Kitchen
      • Level: Main
      • Area: 184.3
      • Dimensions: 19 x 9.7
      Living room
      • Level: Main
      • Area: 183.54
      • Dimensions: 13.8 x 13.3
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Refrigerator, Stove/Cooktop, Electric Water Heater
      • Laundry: Main Level
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,488
      • Total interior livable area: 1,488 sqft
      • Finished area above ground: 1,488
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 7,405 Square Feet
      • Features: City/Town
      Details
      • Parcel number: 181431476032

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Shingle
      Condition
      • Year built: 1897

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: City/Community
      • Water: City/Community

      Community & HOA

      Community
      • Subdivision: IL
      Location
      • Region: Freeport

      Financial & listing details

      • Price per square foot: $118/sqft
      • Tax assessed value: $41,289
      • Annual tax amount: $1,541
      • Price range: $175K - $175K
      • Date on market: 3/3/2026
      • Cumulative days on market: 130 days
      • Ownership: Fee Simple

        Estimated market value

        $168,000

        $160,000 - $176,000

        $1,521/mo

        Price history

        DateEventPrice
        6/26/2026Price change$1,495-8.8%$1/sqft
        Source: Zillow Rentals Report a problem
        4/24/2026Listed for rent$1,639+17.5%$1/sqft
        Source: Zillow Rentals Report a problem
        3/12/2026Listing removed$1,395$1/sqft
        Source: Zillow Rentals Report a problem
        3/3/2026Listed for sale$175,000+146.5%$118/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202601104 Report a problem
        2/27/2026Price change$1,395-14.9%$1/sqft
        Source: Zillow Rentals Report a problem
        2/4/2026Listed for rent$1,639$1/sqft
        Source: Zillow Rentals Report a problem
        6/12/2025Sold$71,000+512.1%$48/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202503332 Report a problem
        1/19/2012Sold$11,600$8/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #110145 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,541 +78.3%$13,763 +6%
        2023$864 -43.1%$12,989 +6.1%
        2022$1,520 +12.8%$12,244 +15.2%
        2021$1,347 +0.6%$10,624 +3.2%
        2020$1,339 +167.2%$10,293 +13.8%
        2019$501 -0.2%$9,045 +2.5%
        2018$502 -56.2%$8,828 +1.8%
        2017$1,146 +0.1%$8,676 -1%
        2016$1,145 +117.9%$8,766 -13%
        2015$526 -32.4%$10,081 -19.4%
        2013$777 $12,501 -15.7%
        2010-- $14,833 -1.6%
        2009-- $15,068

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 61032

        Getting around

        64 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Freeport 145
        • Middle: Freeport 145
        • High: Freeport 145
        • District: Freeport 145

        Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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