31040 Penrose Road
STERLING, IL 61081
5
Bed
3
Bath
2,400Sqft
1Acre(Lot)
A rare blend of history, character, and modern updates, this one-of-a-kind home was originally built as the Fairview School in 1877 and has been tastefully reimagined into a spacious five-bedroom, three-bath residence. Situated on one acre at the corner of Polo Road and Penrose, the property offers a unique living experience with thoughtful improvements throughout. The remodeled kitchen features stone countertops, a wet bar, heated floors and custom pantry, while the inviting living spaces are highlighted by a fireplace, main floor laundry, and a convenient main floor bathroom. Recent updates include a new roof, stained siding, garage floors, and garage openers in 2022, along with a new front window and door in 2025. Outside, enjoy the hot tub, attached 2.5-car garage, and a detached barn
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 5Bathroom Information
Full Baths: 3Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener, Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Propane Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1877 Construction Materials: Wood Siding Private Pool: No
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Lot Information
Lot Size Acres: 1
-
Listing Price Information
Listing Price: $324900
-
Tax Information
Parcel Number: 0513300003 Tax Year: 2025 Annual Tax: $3120 Tax Legal Desc: Per Title
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Parking Information
Attached, DetachedGarage Information
Has Garage: Yes Garage Space: 4
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School Information
Elementary School: FranklinJunior High School: ChallandSenior High School: Sterling HS -
Location Information
WaterSource: Well, Private
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 25445 Indian Ridge Road, Sterling, IL, 61081 | $205,000 | 3 | 2 | 1,320 | 1,320 SqFt |
| 1315 7th Avenue, Sterling, IL, 61081 | $119,900 | 2 | 1 | 744 | 744 SqFt |
| 2205 Meadows Drive, Sterling, IL, 61081 | $395,000 | 3 | 3 | 2,393 | 2,393 SqFt |
| 24654 Hazel Road, Sterling, IL, 61081 | $265,000 | 5 | 2 | 1,944 | 1,944 SqFt |
| 711 5th Avenue, Sterling, IL, 61081 | $90,000 | 4 | 1 | 2,068 | 2,068 SqFt |
| 407 W 6th Street, Sterling, IL, 61081 | $89,900 | 4 | 2 | 1,326 | 1,326 SqFt |
| 15721 Lakeside Drive, Sterling, IL, 61081 | $299,900 | 4 | 4 | 3,123 | 3,123 SqFt |
| 1201 2nd Avenue, Sterling, IL, 61081 | $165,000 | 3 | 2 | 1,796 | 1,796 SqFt |
| 1303 Johnson Avenue, Sterling, IL, 61081 | $199,000 | 3 | 2 | 1,509 | 1,509 SqFt |
| 302 W 13th Street, Sterling, IL, 61081 | $175,000 | 4 | 2 | 1,918 | 1,918 SqFt |
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ByOwner last updated this listing 08/05/2026 @ 07:53
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