Gorgeous c.1900 Illinois Queen Anne For Sale $89K

OHU50K Notes $89,000

Gorgeous c.1900 Illinois Queen Anne For Sale. This is one stunning Victorian. The interior is an old house lovers dream! The backyard has a lovely grassy lawn that is fully fenced.

Yard featured at 642 W Stephenson St, Freeport, IL, 61032

Realtor Comments

Step into the timeless charm of this stately five-bedroom, two-bath Victorian home, rich with character and beautiful original woodwork throughout. A welcoming foyer with a dedicated sitting area sets the tone, leading into the formal living room and spacious dining room, creating the perfect setting for everyday living and effortless entertaining. An additional flex space off the living room provides an ideal location for a home office, reading nook, or playroom. The generously sized kitchen offers ample cabinetry, counter space, and storage, while a convenient main-floor full bath and access to the backyard complete the main level. Upstairs, you’ll find five well-proportioned bedrooms, gorgeous hardwood floors, and a second full bath. A finished attic space, accessible from the hallway, offers endless possibilities for a hobby room, studio, or additional living area. The unfinished lower level provides abundant storage and room for future expansion. Outside, mature landscaping surrounds the property, complemented by a spacious fenced yard and a two-stall detached garage. While this home could benefit from some TLC, it presents an incredible opportunity to restore and personalize a true Victorian gem. Conveniently located near shopping, downtown amenities, restaurants, and major highways, this property is ready for its next chapter. Some photos are virtually staged but there are no alterations to the home.

5 bed
2 bath
Build date 1982

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.

642 W Stephenson St, Freeport, IL $89,000

Contact Realtor: Milena Cojkic
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Pros

1. Very affordable housing

Home prices in Freeport are significantly below state and national averages. It’s one of the more affordable small cities in northern Illinois, making it appealing to retirees, first-time buyers, and remote workers.

2. Lower cost of living

Housing, utilities, and many everyday expenses tend to be cheaper than in larger Illinois cities such as Chicago.

3. Small-town feel with basic amenities

With about 23,000 residents, Freeport offers less traffic, shorter commutes, and a slower pace of life than major metro areas.

4. Parks and outdoor recreation

Residents often praise Krape Park, which features trails, playgrounds, a carousel, and seasonal activities. Nearby outdoor destinations in northern Illinois and southern Wisconsin are also accessible.

5. Location for regional travel

Freeport sits within driving distance of Rockford, Madison, Dubuque, and southern Wisconsin attractions, giving residents access to larger-city services without living in a large metro area.

Cons

1. Limited job market

This is probably the biggest drawback. Freeport lost much of its manufacturing base over the years, and many residents commute elsewhere or work remotely. Career opportunities are more limited than in larger cities.

2. Population decline

The city has experienced a gradual population decrease, which can be a sign of economic stagnation and can affect retail, services, and long-term growth prospects.

3. Crime concerns

Crime statistics are mixed depending on the source and neighborhood. Property crime is often around or below national averages, but violent crime rates are generally higher than many comparable small Illinois communities. Safety can vary significantly by neighborhood.

4. Limited nightlife and entertainment

If you’re looking for a vibrant restaurant scene, major cultural events, professional sports, or extensive nightlife, Freeport will likely feel quiet. Residents often travel to Rockford or elsewhere for more entertainment options.

5. School reputation

School quality is one of the more common concerns raised by residents and prospective movers. Experiences vary by school and family circumstances, but the district generally does not rank among Illinois’s strongest-performing systems.

6. Distance from major economic centers

Freeport is somewhat isolated compared with communities closer to Chicago’s suburbs. That contributes to lower housing costs but also means fewer nearby employment opportunities.