NOT LISTED FOR SALE

3238 W Lily Creek Rd Freeport, IL 61032

Freeport Area

Estimated Value: $158,000 - $637,729

Studio
0.5 Bath
20,900 Sq Ft
$19/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2024

Last sale price $547,000 $26 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $3,003 / mo

166 Days on Market

Highlights

  • 56.85 Acre Lot
  • 6 Acres of Pasture
  • Baseboard Heating

About This Home

As of February 2024

REDUCED! 56.85 acres located on the West edge of Freeport. Property offers about 50 tillable acres with a 50' x 72' building with10 box stalls plus feed and tack room. A 73' x 192' building with an over 13000 sq. ft. riding arena, office space &living area in the upper level. A 40' x 80' pole shed for machinery & hay storage. Board horses, riding lessons, use the riding arena for competitions or utilize the buildings for your business. There is access from business 20. Property is a prime candidate for future development. Possibilities are endless for this property.

Last Agent to Sell the Property

Mike Mahoney

JIM SULLIVAN REALTY License #471.020030 Listed on: 06/12/2023

Last Buyer's Agent

Mike Mahoney

JIM SULLIVAN REALTY License #471.020030 Listed on: 06/12/2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,730

Year Built

  • Built in 1980

Lot Details

  • 56.85 Acre Lot
  • Property fronts a county road

Parking

  • Gravel Driveway

Home Design

  • 20,900 Sq Ft Home
  • Shingle Roof
  • Metal Roof
  • Metal Siding

Schools

  • Freeport Elementary School
  • Freeport Jr High Middle School
  • Freeport High School

Farming

  • 6 Acres of Pasture
  • Agricultural
  • Farm

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • 0.5 Bathroom
  • Outbuilding

Property Details

Property Type

Other

Est. Annual Taxes

$9,730

Year Built

Built in 1980

Lot Details

56.85 Acres

Listing Details

  • Road Frontage: County/City Road
  • Type: Agriculture
  • Electric: Circuit Breaker
  • Class: FARM
  • Estimated Below Grade Finished Sq Ft: 20900
  • General Features: Out Building(s)
  • Legal Description: PT NE1/4 SEC 27-27-7
  • Number of Main Level Half Bathrooms: 1
  • Type: Farm
  • Appliances That Stay or Are Included: None
  • Buildable Land: Yes
  • Agent Only_ L A1 User Code: F_147
  • Elementary School: Freeport
  • Estimated Total Finished Sq Ft: 20900
  • Garage Type Driveway: Gravel, None
  • Hold Earnest Money Y N: No
  • Pertinent Facts: REDUCED! 56.85 acres located on the West edge of Freeport. Property offers about 50 tillable acres with a 50' x 72' building with10 box stalls plus feed and tack room. A 73' x 192' building with an over 13000 sq. ft. riding arena, office space &living area in the upper level. A 40' x 80' pole shed for machinery & hay storage. Board horses, riding lessons, use the riding arena for competitions or utilize the buildings for your business. There is access from business 20. Property is a prime candidate for future development. Possibilities are endless for this property.
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Half Bathrooms: 1
  • Total Bathrooms: 0.5

Exterior Features

  • Exterior: Metal
  • Roof: Shingle, Metal

Utilities

  • Cooling: Wall Unit
  • Heating: Baseboard, Electric
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Number Of Acres: 56.85
  • Pasture Acres: 6

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2022
  • Taxes: 9730

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Feb 14, 2024
Sold by
Bought by
Seller's Agent
Mike Mahoney
JIM SULLIVAN REALTY
Buyer's Agent
Mike Mahoney
JIM SULLIVAN REALTY
List Price
$829,000
Sold Price
$547,000
Premium/Discount to List
-$282,000
-34.02%
Views
119
Current Estimated Value
$397,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,135
Avg. Annual Appreciation
-11.82%

Purchase Details

Closed on
Mar 31, 2010
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Freeport, IL

  • JOSH LONGAMORE Real Estate Agent - CHOICE REALTY OF FREEPORT LLC

    JOSH LONGAMORE

    CHOICE REALTY OF FREEPORT LLC

    (815) 908-5365

    157 Total Sales

    186 in Freeport

    $6K - $300K Price Range

    JOSH LONGAMORE
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  • Katie McPeek Real Estate Agent - JIM SULLIVAN REALTY

    Katie McPeek

    JIM SULLIVAN REALTY

    (815) 908-5486

    129 Total Sales

    4 in Freeport

    $60K - $280K Price Range

    Katie McPeek
     Section Image
  • Tracey DeCrane Real Estate Agent - RE/MAX Town Lake & Country

    Tracey DeCrane

    RE/MAX Town Lake & Country

    (815) 706-3940

    101 Total Sales

    5 in Freeport

    $81K - $315K Price Range

    Tracey DeCrane
     Section Image
  • Dave Larson Real Estate Agent - Keller Williams Realty Signature

    Dave Larson

    Responds Quickly

    Keller Williams Realty Signature

    (779) 368-2150

    133 Total Sales

    5 in Freeport

    $91K - $395K Price Range

    Dave Larson
     Section Image
  • Holly Nehls Real Estate Agent - Century 21 Affiliated

    Holly Nehls

    Century 21 Affiliated

    (608) 530-6379

    50 Total Sales

    1 in Freeport

    $165,000 Price

    Holly Nehls
     Section Image
  • John Juliano Real Estate Agent - Berkshire Hathaway HomeServices Crosby Starck RE

    John Juliano

    Berkshire Hathaway HomeServices Crosby Starck RE

    (815) 420-4433

    110 Total Sales

    24 in Freeport

    $29K - $180K Price Range

    John Juliano
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$564,000 --
$355,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $547,000 -24.6% $26 / Sq Ft
11/25/2023 11/25/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $725,120 -12.5% $35 / Sq Ft
06/12/2023 06/12/23 For Sale $829,000 -- $40 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,789 $109,193 $34,308 $74,885
2024 $9,433 $96,435 $31,490 $64,945
2023 $9,633 $93,983 $29,240 $64,743
2022 $9,730 $89,497 $25,252 $64,245
2021 $9,909 $89,497 $25,252 $64,245
2020 $10,026 $87,893 $23,648 $64,245
2019 $9,944 $86,277 $22,133 $64,144
2018 $9,782 $84,872 $20,778 $64,094
2017 $9,622 $83,654 $19,560 $64,094
2016 $9,238 $81,418 $18,453 $62,965
2015 $9,045 $80,308 $17,414 $62,894
2013 $8,162 $78,710 $15,581 $63,129
Source: Public Records

Agents Affiliated with this Home

  • Mike Mahoney Real Estate Agent - JIM SULLIVAN REALTY

    Seller's Agent in 2024

    Mike Mahoney

    JIM SULLIVAN REALTY

    (815) 266-1129

    108 Total Sales

    Mike Mahoney
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303181

NorthWest Illinois Alliance of REALTORS®

APN: 08-13-27-200-023

Illinois Stephenson County Freeport 61032

3238 W Lily Creek Rd, Freeport, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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