31040 Penrose Rd

2,400 Sq. Ft.
$135 / Sq. Ft.
2,400
Sq. Ft.
$135
per Sq. Ft.

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...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.
  1. Listed by JD Gieson • Re/Max of Rock Valley
    P: (815)-732-9100 C: (815)-677-1873 jdgieson15@gmail.com

Property Details for 31040 Penrose Road

Style
1.5 Story
Garage
4.0
Garage Type/Driveway
Attached, Detached
LISTING UPDATED: 06/13/2026 08:21 PM

Property Details for 31040 Penrose Road

StatusActive And Available
MLS #202603501
Days on Market1
Taxes$3,120 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeHouse / 1.5 Story
Year Built1877
Lot Size1.00 AC / 43,560 SF
CountyWhiteside County

Location

Listing Courtesy of Re/Max of Rock Valley
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Building Information for 31040 Penrose Road

Stories-Year Built1877Building Size-Lot Size1.00 AC / 43,560 SF

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$1,879 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,619

Property Taxes

$260

HOA Dues

$0

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Property Information for 31040 Penrose Road

Summary
Location and General Information
  • City: STERLING
  • State: IL
  • Zip: 61081
  • Geo Quality: 0.95
  • Geo Zoom Level: 18.0
  • Geo Address Line: 31040 Penrose Rd
  • Geo Primary City: Sterling
  • Geo Subdivision: IL
  • Geo Postal Code: 61081
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 31040 Penrose Road
  • County: Whiteside County
  • Zip Code: 61081
  • Year Built: 1877
  • School District: Sterling School District #5
  • Elementary School 1: Franklin
  • Middle School: Challand
  • High School: Sterling HS
  • Township: Jordan
Taxes and HOA
  • HOA Fee: $0
  • Tax Year: 2025
  • Taxes: $3,120
Property
Lot Information
  • Lot Acreage: 1.0
  • Property Type: Country View
  • Road Frontage: County/City Road
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 2400
  • Est Above Grade SqFt: 2400
Property and Assessments
  • Class: HOUSE
  • Type: House
  • Status: ACTIVE and AVAILABLE
  • Ownership Type: Fee Simple
  • PIN: 0513300003
  • HUD: No
Utilities
  • Water: Well
  • Sewer: Septic
  • Electric: Circuit Breaker
Interior and Exterior Features
Exterior Features
  • Exterior: Wood
  • General Features: County Taxes, Laundry 1st Floor, Security System
  • Roof: Shingle
Interior Features
  • Stove/Range Fuel: Gas
  • Basement: Yes
  • Basement Type: Full
  • Water Heater: Gas
  • Bedrooms: 5
  • Full Baths: 3
  • Half Baths: 0
  • # Full Baths Upper Lvl: 2
  • # 1/2 Baths Upper Lvl: 0
  • # Full Baths Main Lvl: 1
  • # 1/2 Baths Main Lvl: 0
  • # Full Baths Lower Lvl: 0
  • # 1/2 Baths Lower Lvl: 0
  • Total Baths: 3.0
  • Fireplace: No
  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Appl Stay/Incl: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Interior Features: Bar-Wet
Room Information
Master Bedroom
  • Master Bedroom Level: Second
Bedroom 2
  • Bedroom 2 Length: 12
  • Bedroom 2 Width: 12
  • Bedroom 2 Level: Main
Bedroom 3
  • Bedroom 3 Length: 12
  • Bedroom 3 Width: 9
  • Bedroom 3 Level: Main
Bedroom 4
  • Bedroom 4 Length: 12
  • Bedroom 4 Width: 12
  • Bedroom 4 Level: Walk Out
Dining Room
  • Dining Room: Yes
  • Dining Room Length: 13
  • Dining Room Width: 12
  • Dining Room Level: Main
  • Dining Room Level: Main
Family Room
  • Family Room: No
  • Family Room Level: N/A
Kitchen
  • Kitchen Length: 13
  • Kitchen Width: 13
  • Kitchen Level: Main
Living Room
  • Living Room: Yes
  • Living Room Length: 15
  • Living Room Width: 20
  • Living Room Level: Main
Recreation Room
  • Rec Room: No
Additional Rooms
  • Addl Room 5 Length: 16
  • Addl Room 5 Width: 11
  • Addl Room 5 Name: Breezeway
  • Addl Room 5 Level: Main
  • Addl Room 6 Name: Bed 5
  • Addl Room 6 Level: Upper
  • Addl Room 6 Length: 12
  • Addl Room 6 Width: 18
Rental
Rent Information
  • Lease: No

Property History for 31040 Penrose Road

DateEvent & SourcePriceAppreciation
Jun 13, 2026

Listed (Active)

MRED #12676251

$324,900
Jun 12, 2026

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202603501

$324,900
DateEvent & SourcePrice
06/13/2026

Listed (Active)

MRED #12676251

$324,900
06/12/2026

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202603501

$324,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 31040 Penrose Road

Taxable ValueLand$5,446Additions$47,425Total$52,871
Tax Record2025$3,121 ($260 / month)
Home Facts
Beds0Lot Size43,560 SqFtStyleSingle Family ResidenceCountyWHITESIDEAPN0513300003

Schools near 31040 Penrose Road

This home is within Sterling Community Unit School District 5.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Challand Middle School
Public6 to 8

Sterling High School
Public9 to 12

Jefferson Elementary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

31040 Penrose Road is a single family home for sale in Sterling, IL 61081. This property was listed for sale on June 13, 2026 by Re/Max of Rock Valley, it's currently listed at $324,900. This listing's school district is Sterling Community Unit School District 5. Nearby schools include Franklin Elementary School, Challand Middle School and Sterling High School. 31040 Penrose Road is a 5-bed, 3-bath, 2,400 sqft single family home built in 1877.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max of Rock Valley

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/13/2026 08:21 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.