c.1907 Illinois Mansion For Sale - W.T. Rawleigh House Under $165K

OHU50K Notes $164,900

Built around 1907, this Illinois mansion for sale has both Prairie and Mission style influences. This home is striking! There is so much history within its walls and so much detail throughout the home.

Lawn featured at 836 W Stephenson St, Freeport, IL, 61032

Realtor Comments

A rare opportunity to own and restore one of the area’s architectural treasures. This stately stone residence showcases extraordinary original craftsmanship rarely found today, including a dramatic grand foyer with sweeping staircase, extensive quarter sawn oak woodwork, built in seating and cabinetry, coffered ceilings, leaded and stained glass windows, decorative fireplaces, hardwood floors, and impressive period details throughout. Offering expansive living spaces, multiple fireplaces, oversized bedrooms, unique architectural features, and a floor plan full of character, this historic home is ready for its next chapter. While significant renovation is required, much of the original woodwork and craftsmanship remain intact, providing the perfect canvas for restoration. Ideal for investors, preservation enthusiasts, or anyone seeking a one of a kind property with unmatched historic charm and potential. Bring your vision and restore this landmark residence to its former grandeur. This is a property. Please independently verify all rooms sizes, taxes, schools, etc.

5 bed
4 bath
Build date 1900

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

836 W Stephenson St, Freeport, IL 61032 $164,900

Contact Realtor: Larry Holen
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History

This was the home residence of home goods manufacturer William Thomas “W.T.” Rawleigh (1870-1951), built about 1907. Per Find-A-Grave, “Rawleigh began peddling patent medicines in 1889 and founded the W. T. Raleigh Company, whose brand of home remedies and related products are still marketed. At one time he edited a newspaper. Rawleigh was Mayor of Freeport, Illinois from 1909 to 1911 before serving the Illinois State House of Representatives from 1911 to 1912. He was a delegate to the 1932 Republican National Convention.”

Pros

Affordable housing. Home prices are well below the national average, making it possible to buy a larger home or property for less than in many parts of Illinois.
Low cost of living. Housing, utilities, and many everyday expenses are relatively affordable.
Historic character. Freeport has attractive older neighborhoods with Victorian and early 20th-century homes, plus a historic downtown.
Healthcare access. FHN provides a range of healthcare services locally, reducing the need to travel for many routine medical needs.
Outdoor recreation. Parks, bike trails, golf courses, and the nearby Jane Addams Trail provide opportunities for walking, cycling, and enjoying nature.
Convenient location. Residents can reach Rockford, Madison, and Chicago for additional jobs, shopping, and entertainment while enjoying a quieter home base.
Moderate traffic. Daily commutes are generally short and easy compared with larger metropolitan areas.

Cons

Limited job market. Manufacturing remains important, but there are fewer opportunities in some professional and technology fields than in larger cities.
Population decline. Like many Rust Belt communities, Freeport has seen a gradual decline in population, which has affected parts of the local economy.
Property taxes. Illinois is known for relatively high property taxes, and homeowners should factor that into the overall cost of living.
Cold winters. Winters bring snow, ice, and below-freezing temperatures, while summers can be warm and humid.
Neighborhood variation. Some areas are well maintained and highly desirable, while others have higher vacancy rates or aging housing stock. Visiting neighborhoods in person is worthwhile before buying.
Limited nightlife and entertainment. There are local restaurants and community events, but fewer options than in larger cities.