1027 S Chicago Ave Freeport, IL 61032
Estimated payment $1,056/month
About This Home
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.
Listing Agent
Keller Williams Realty Signature License #475166479 Listed on: 03/02/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,541
Year Built
- Built in 1897
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Shingle Roof
- Stucco Exterior
Interior Spaces
- 1,488 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry on main level
Kitchen
- Stove
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Freeport 145 Elementary And Middle School
- Freeport 145 High School
Utilities
- Forced Air Heating System
- Electric Water Heater
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,541 | $13,763 | $1,590 | $12,173 |
| 2023 | $864 | $12,244 | $1,642 | $10,602 |
| 2022 | $1,520 | $12,244 | $1,642 | $10,602 |
| 2021 | $1,347 | $10,293 | $1,590 | $8,703 |
| 2020 | $1,339 | $10,293 | $1,590 | $8,703 |
| 2019 | $501 | $9,045 | $1,590 | $7,455 |
| 2018 | $502 | $8,828 | $1,590 | $7,238 |
| 2017 | $1,146 | $8,676 | $1,590 | $7,086 |
| 2016 | $1,145 | $8,766 | $1,590 | $7,176 |
| 2015 | $526 | $10,081 | $1,594 | $8,487 |
| 2013 | $777 | $12,501 | $1,682 | $10,819 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Rent | $1,395 | 0.0% | -- | |
| 03/02/2026 03/02/26 | For Sale | $175,000 | +146.5% | $118 / Sq Ft | |
| 06/12/2025 06/12/25 | Sold | $71,000 | 0.0% | $46 / Sq Ft | View Prior Sale |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- | |
| 10/15/2024 10/15/24 | For Sale | $71,000 | +512.1% | $46 / Sq Ft | |
| 01/19/2012 01/19/12 | Sold | $11,600 | -30.1% | $8 / Sq Ft | View Prior Sale |
| 12/22/2011 12/22/11 | Pending | -- | -- | -- | |
| 10/25/2011 10/25/11 | For Sale | $16,600 | -- | $11 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $186,000 | -- | |
| Warranty Deed | $11,600 | -- |
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202601104
APN: 18-14-31-476-032
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