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$199,000

205 Illinois St Penrose, CO 81240

3 beds
1 full
1,216 sqft
0.2 acres
$164 / sqft
House

Property details

About 205 Illinois St

Discover this beautifully renovated home in the heart of Penrose, perfect for first-time homeowners or savvy investors. The property features a 6-foot privacy-fenced yard with alley access and a spacious deck ideal for relaxation and entertaining. Inside, you'll find fresh vinyl plank flooring and new paint throughout. The expansive kitchen, complete with a breakfast bar and ample space for a dining table, flows seamlessly into the adjacent living area. The master bedroom boasts a walk-in closet and a newly installed custom-tiled shower. Two additional well-sized bedrooms offer generous closet space, while the second bathroom features a new tub/shower, vanity, and toilet. With recent upgrades and a competitive price, this home is an excellent opportunity to begin your homeownership journey or enhance your rental portfolio with a strong cap rate.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Propane
StatusActive
CoolingOther
Size1,216 sqft
Lot size0.1894 Acres
Year built1994
MLS #6352360

Summary

  • Full Bathrooms: 1
  • Flooring Type: Carpet, Vinyl
  • Fireplace: None
  • Total Bedroom Count: 3
  • Heating: Forced Air, Propane
  • Cooling: Other
  • List Price: $199,000
  • Price/SqFt: $163
  • Annual Tax Amount: $501
  • Tax Year: 2023
  • Lot: Level
  • Year Built: 1994
  • Living Area: 1,216 SqFt
  • Lot Size: 0.1894 Acres
  • MLS Number: 6352360
  • MLS Name: RoyalGorge
  • Office Name: Properties Of Colorado Inc
  • Office Phone: (719) 269-9600
  • Listing Agent: Tyson M. Cool, Stephen D. Cool

Copyright Royal Gorge Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$6,970$501
2022$7,861$569
2021$8,088$576
2020$6,050$368
2019$6,050$370
2018$4,700$287
2017$4,700$292

History based on county public records data.

Nearby schools

4

Penrose Elementary School

Public District KG-5

0.2 mi

100 Illinois St

5

Fremont Elementary School

Public District KG-5

5.9 mi

500 W 5th St

6

Lincoln School of Science And Technology

Public District KG-5

11.8 mi

420 Myrtle Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,513. The majority of Penrose, CO residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

44%
<35k
46%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

35%
Single, No Kids
10%
Single, with Kids
34%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
39%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 205 Illinois St

The listing price of 205 Illinois St property is $199,000.

The property 205 Illinois St is a house located in Penrose, Colorado, 81240.

Active Listing: 205 Illinois St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 205 Illinois St are: Penrose Elementary School (GreatSchools Rating 4/10), Fremont Elementary School (GreatSchools Rating 5/10), Lincoln School of Science And Technology (GreatSchools Rating 6/10), Mount View Core Knowledge Charter School (GreatSchools Rating 6/10), Harrison K-8 School (GreatSchools Rating 3/10), Canon City Middle School (GreatSchools Rating 4/10), Fremont High School (GreatSchools Rating 3/10), Canon City High School (GreatSchools Rating 4/10), Pueblo West High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $501 (source: MLS/based on county public records data).

The property at 205 Illinois St has 3 bedrooms and 2 bathrooms.

The property 205 Illinois St is 1,216 SqFt (source: MLS/tax record).

The year of construction for 205 Illinois St is 1994.

This home is located at 205 Illinois St in Penrose, CO and zip code 81240. This 1,216 square foot home, which was built in 1994, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $199,000.

While more than 2 listings in Penrose, CO in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of listings in Penrose, CO increased by 38.5% between May and June 2025. The median list price of listings available in June 2025 was $410,816, while the average time on the real estate market was 315 days.

From Rocket Homes Real Estate and based on county public records data.

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