$175,000

1470 S Demeter Dr Freeport, IL 61032

Estimated payment $1,245/month

Total Views 370
4 Beds
2 Baths
1,786 Sq Ft
$98 Price per Sq Ft

About This Home

Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Updated 3-bedroom, 2 bathroom home with an attached 2-car garage. Features include new vinyl plank flooring, updated bathrooms, updated kitchen with newer kitchen cabinets and 100-amp electrical service. Main floor laundry. 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

Olga Kampmeier

Keller Williams Realty Signature License #475166479 Listed on: 03/22/2026

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,897

Year Built

  • Built in 1945

Lot Details

  • 0.36 Acre Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,786 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • Laundry on main level

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,897

Year Built

Built in 1945

Lot Details

0.36 Acres

Listing Details

  • Interior Amenities: Other/None
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: Pantry, Dimensions: 6.6x5.8, On Level: Main
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Exemptions: Owner
  • General Features: Laundry 1st Floor, Main Floor Primary
  • Legal Description: LOT 21 BLK 1 DEMETER HEIGHTS SUB
  • Lot Acreage: 0.36
  • Lvt Date: 03/22/2026
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: 110092
  • Egress: No
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1786
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Updated 3-bedroom, 2 bathroom home with an attached 2-car garage. Features include new vinyl plank flooring, updated bathrooms, updated kitchen with newer kitchen cabinets and 100-amp electrical service. Main floor laundry. 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.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1786
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 4
  • Basement Type: Partial
  • Master Bedroom: Dimensions: 14.5x10.8, On Level: Main
  • Bedroom 2: Dimensions: 17.7x11.10, On Level: Upper
  • Bedroom 3: Dimensions: 13.3x11.10, On Level: Upper
  • Bedroom 4: Dimensions: 9.6x8.2, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 13x11.1
  • Family Room: Yes, On Level: Main, Dimensions: 19.6x12.1
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 16.6x8.7, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 23.7x17
  • Recreation Room: No
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Building Info

  • Year Built: 1945

Tax Info

  • Year: 2024
  • Taxes: 3897

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,897 $40,709 $4,593 $36,116
2023 $3,077 $29,645 $4,742 $24,903
2022 $2,935 $29,645 $4,742 $24,903
2021 $3,460 $26,428 $4,594 $21,834
2020 $3,439 $26,428 $4,594 $21,834
2019 $2,599 $25,714 $4,594 $21,120
2018 $2,523 $25,099 $4,594 $20,505
2017 $2,466 $24,667 $4,594 $20,073
2016 $2,471 $24,921 $4,594 $20,327
2015 $2,446 $24,995 $4,599 $20,396
2013 $2,398 $26,056 $4,851 $21,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2026 03/22/26 For Rent $1,395 0.0% --
03/22/2026 03/22/26 For Sale $175,000 +103.5% $98 / Sq Ft
06/12/2025 06/12/25 Sold $86,000 0.0% $44 / Sq Ft View Prior Sale
10/23/2024 10/23/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $86,000 -- $44 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $186,000 --
Warranty Deed $35,000 --
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202601556

NorthWest Illinois Alliance of REALTORS®

APN: 18-18-01-201-016

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