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31040 Penrose Road

STERLING, IL 61081

$324,900 $1,369/Mo

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Overview

Bed

Bath

2,400

Sqft

Acre(Lot)

Description

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, 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 with loft and wood burner, providing endless possibilities for a workshop, storage, or hobby space. With a full basement and a rich history that can't be replicated, this is a truly special property ready for its next chapter.

Property Details

Property Type : Residential

Price : $324,900

AD Id : 84842250

MLS Id : 202603501

Beds : 5

Lot Size : 1 Acre

Living Area Size : 2,400

Year Built : 1877

Garage : 4

County : Whiteside

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Full Baths: 3

Room 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

Building Information

Year Built: 1877 Construction Materials: Wood Siding Private Pool: No

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

Parking Information

Attached, Detached

Garage Information

Has Garage: Yes Garage Space: 4

School Information

Elementary School: Franklin

Junior High School: Challand

Senior High School: Sterling HS
Location Information

WaterSource: Well, Private

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
901 East 21st Street, Sterling, IL, 61081	$215,000	3	2	1,502	1,502 SqFt
1905 20th Avenue, Sterling, IL, 61081	$189,999	3	2	1,750	1,750 SqFt
1309 13th Avenue, Sterling, IL, 61081	$122,900	2	1	684	684 SqFt
2203 20th Avenue, Sterling, IL, 61081	$169,900	3	2	1,924	1,924 SqFt
1205 Wilson Street, Sterling, IL, 61081	$128,900	3	1	972	972 SqFt
2503 Megan Court #B, Sterling, IL, 61081	$155,000	2	2	1,293	1,293 SqFt
310 E 14th Street, Sterling, IL, 61081	$165,000	2	1	1,286	1,286 SqFt
1309 8th Avenue, Sterling, IL, 61081	$119,900	2	1	738	738 SqFt
23041 Moline Road, Sterling, IL, 61081	$210,000	2	1	1,400	1,400 SqFt
1304 Riverview Road, Sterling, IL, 61081	$174,900	3	1	1,275	1,275 SqFt

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ByOwner last updated this listing 06/16/2026 @ 23:46

MLS: 202603501 LISTED BY: JD Gieson, Re/Max of Rock Valley 815-732-9100 SOURCE: NorthWest Illinois Alliance of REALTORS