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.
For sale
$175,000
1027 S Chicago Ave, Freeport, IL 61032
3beds
1,488sqft
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
- 129 days |
- 135 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Olga Kampmeier,
Keller Williams Realty Signature
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202601104
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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
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $1,495-8.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2026 | Listed for rent | $1,639+17.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/12/2026 | Listing removed | $1,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/3/2026 | Listed for sale | $175,000+146.5%$118/sqft |
Source: | ||
| 2/27/2026 | Price change | $1,395-14.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/4/2026 | Listed for rent | $1,639$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2025 | Sold | $71,000+512.1%$48/sqft |
Source: | ||
| 1/19/2012 | Sold | $11,600$8/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $15,068 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 3/10Empire Elementary SchoolGrades: PK-4Distance: 1.6 mi
- 3/10Freeport Middle SchoolGrades: 7-8Distance: 0.7 mi
- 1/10Freeport High SchoolGrades: 9-12Distance: 0.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Stephenson County
- Freeport
- 61032
- 1027 S Chicago Ave





