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Listing provided courtesy of RE/MAX of Rock ValleyMREDas Distributed by MLSGrid- MLS# 12676251MLS Provider

31040 Penrose RoadSterling, IL 61081

Single Family · 5 Beds · 3 Full Baths · 2,400 Sq. ft. | 1.00 Acres
$324,900 Active

31040 Penrose Road Overview

Time on Site:
16 days
Visits:
0

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.

Open Houses

  • PublicThu. Jul 25:00PM - 7:00PM CDT
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31040 Penrose Road Facts & Features

  • Type Single Family
  • Sq. ft. 2,400
  • Price/Sq.ft. $135
  • Lot 1.00 Acres

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 5

Building Information

  • New Construction: No
  • Year Built: 1877

Location/Region

  • County Or Parish: Whiteside
  • MLS Area Major: Sterling
  • Township: Jordan

Tax Information

  • Tax Annual Amount: $3,120.62
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 05133000030000
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Possible: 5

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
  • Basement: Unfinished, Full
  • Cooling: Central Air
  • Foundation Details: Stone
  • Heating: Propane, Forced Air
  • Interior Features: 1st Floor Full Bath
  • Laundry Features: Main Level
  • Living Area: 2400
  • Living Area Source: Appraiser
  • Other Equipment: Security System
  • Rooms Total: 8

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Attached, Detached, Garage
  • Parking Total: 4

Lot Information

  • Lot Size Acres: 1
  • Lot Size Dimensions: 264x165
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Asphalt

General Information

  • Sewer: Septic Tank

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 12X12

Room: Bedroom 3

  • Level: Main
  • Dimensions: 12X9

Room: Dining Room

  • Level: Main
  • Dimensions: 13X12

Room: Enclosed Porch

  • Level: Main
  • Dimensions: 16X11

Room: Kitchen

  • Level: Main
  • Dimensions: 13X13

Room: Living Room

  • Level: Main
  • Dimensions: 15X20

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

Room: Bedroom 4

  • Level: Second
  • Dimensions: 12X18

Room: Bedroom 5

  • Level: Second
  • Dimensions: 12X12

Room: Master Bedroom

  • Level: Second
  • Dimensions: 14X16

31040 Penrose Road Neighborhood

Community

61081 (STERLING) Demographics

44
Median Age
167
Population Density (per sq. mile)
30%
College Educated
$55,459
Estimated Median Income
5,999
Estimated Total Home Owners
2,660
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

31040 Penrose Road Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

31040 Penrose Road Market Data

Based on the last 30 days in this zip code

$225,913
Average List Price
$126
Average Price per Square Foot
27
Properties Sold
76
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

31040 Penrose Road History

Date Event Value Agent
6/19/2026Source: MRED Status Change
Active
6/13/2026Source: NorthWest Illinois Alliance MLS Added to Database
June 13, 2026
6/13/2026Source: MRED Added to Database
June 13, 2026