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$175,000
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Property Description
Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Updated 2-story home with 3-bedroom and 2-bathrooms with main floor laundry! Features include new vinyl plank flooring, updated bathroom, vinyl windows on main floor, and 100-amp electrical service. 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.
Full Property Details
Full Property Details for 1027 S Chicago Ave
General
- Price: $175,000
- Taxes: $1,541 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12581735
- Updated: 3/8/2026
- Added to Site: 47 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Total Spaces: 2
Location
- Area: Freeport
- County: Stephenson
- Township: Freeport
- Driving Directions: On US 20, make a left onto E Empire Street and right onto S Chicago Ave.
School Information
- School District: 145
- Elem School District: 145
- Midd School District: 145
- High School District: 145
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Stucco
- Exterior Const.: Stucco
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 1,488
- Sq. Ft. Source: Assessor
- Year Built: 1897
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 71 x 105
Financial Considerations
- Assessment Year: 1897
- Tax Amount: $1,541
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18143147603200
Listed by Keller Williams Realty Signature
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Schools
Schools serving 1027 S Chicago Ave
School District:Freeport School District 145
| Name | Grades | Distance |
|---|---|---|
Empire Elementary School 1325 West Empire Street, Freeport, IL 61032 | PK-4 | 1.6 mi |
Freeport Middle School 701 West Empire Street, Freeport, IL 61032 | 7-8 | 0.7 mi |
Freeport High School 701 West Moseley Street, Freeport, IL 61032 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1027 S Chicago Ave
Date
Details
Price
Change
Source
3/02/2026
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1027 S Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,541
78%
$13,763
12%
2023
$864
-43%
$12,244
—
2022
$1,520
8%
$12,244
19%
2021
$1,404
5%
$10,293
—
2020
$1,339
167%
$10,293
14%
2019
$501
—
$9,045
2%
2018
$502
-56%
$8,828
2%
2017
$1,146
—
$8,676
-1%
2016
$1,145
118%
$8,766
-13%
2015
$526
—
$10,081
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1027 S Chicago Ave
1027 S Chicago Avenue, Freeport, IL 61032 (MLS# 12581735) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1027 S Chicago Avenue is currently listed for $175,000 and was received on March 02, 2026. Want to learn more about 1027 S Chicago Avenue? Do you have questions about finding other Single Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

