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5 Beds
3 Baths
2,400 sqft

$310,000

31040 Penrose Road, STERLING IL, 61081

Price per sqft$129.17
Built in1877
Property size2,400 sqft
Property typeResidential

Overview

Active

Active And Available

Listed Jun 12, 2026

Updated 6 days ago

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 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.

$2,062/mo

Est. mortgage payment based on a $310,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202603501

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1 Acre

Other Property Details

Taxes
$3,120
Tax Frequency
Annually
Garage
Yes
View
Yes
MLS provider logo

Listing Contact: 815-677-1873 

Based on information from NorthWest Illinois Alliance of REALTORS® as of 9/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 NorthWest Illinois Alliance of REALTORS®. All rights reserved.

Data last updated 3:16 AM UTC, 9/29/2026

 

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