Listing provided courtesy of Re/Max of Rock ValleyNorthWest Illinois Alliance MLSMLS# 202603501MLS ProviderContact Information: Cell: 815-677-1873
  • 16 days on site
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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.

Source: NorthWest Illinois Alliance MLS, MLS#: 202603501

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  • Property Type
    Residential
  • Lot
    1.00 acres

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Becky Blackert
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  • Median Age
    44
  • Population Density
    167
  • College Educated
    30%
  • Estimated Median Income
    $55,459
  • Estimated Total Home Owners
    5,999
  • Estimated Total Renters
    2,660
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    2
  • Total Population
    20,910
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* 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.

Life at 31040 Penrose Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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