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$275,000

530 Illinois St Penrose, CO 81240

3 beds
1 full
1,344 sqft
0.5 acres
$205 / sqft
House

Property details

About 530 Illinois St

Welcome to this beautifully updated 3 Bedroom 2 Bathroom home on a generous 1/2 acre lot in the charming town of Penrose, CO. Ideally located directly across the street from Penrose park and minutes from highway 115, this property offers peaceful views and easy access to outdoor activities. Whether you're enjoying the park's green spaces or taking advantage of the close proximity to Pueblo, Canon City, or Colorado Springs via Highway 115, the home offers the perfect balance of privacy and convenience. Enjoy a fresh, modern aesthetic with new flooring, new windows, new roof, fresh paint, updated fixtures and high end finishes. The updated kitchen is equipped with new appliances, spacious countertops and plenty of cabinetry for storage. 2 full Bathrooms, each have a sleek contemporary design with full tile surrounds and modern cabinetry. Open concept living and dining, perfect for entertaining or relaxing with family, the space is bright, airy and inviting. The extensive front and back deck provide ample outdoor living space. The expansive yard offers endless possibilities for outdoor activities. This home has been thoughtfully updated with attention to detail and modern comfort, making it move in ready and perfect for your next chapter.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,344 sqft
Lot size0.52 Acres
Year built1978
ParkingDetached
MLS #1206308

Summary

  • Full Bathrooms: 1
  • Flooring Type: Vinyl
  • Total Bedroom Count: 3
  • Parking: Detached
  • Heating: Forced Air
  • Cooling: None
  • List Price: $275,000
  • Price/SqFt: $204
  • Annual Tax Amount: $765
  • Tax Year: 2023
  • Lot: Level
  • Year Built: 1978
  • Living Area: 1,344 SqFt
  • Lot Size: 0.52 Acres
  • MLS Number: 1206308
  • MLS Name: RoyalGorge
  • Office Name: Properties Of Colorado Inc
  • Office Phone: (719) 269-9600
  • Listing Agent: Laura M. Krueck, Ben B. Krueck

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: 7/21/2025, 1:45:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 29, 2024
Home Sold
$157,500
Apr 13, 2006
Home Sold
$98,100

Tax history

YearAssessmentProperty Tax
2023$10,632$765
2022$10,841$785

History based on county public records data.

Nearby schools

4

Penrose Elementary School

Public District KG-5

0.5 mi

100 Illinois St

5

Fremont Elementary School

Public District KG-5

6.0 mi

500 W 5th St

6

Lincoln School of Science And Technology

Public District KG-5

11.9 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 most common annual income of people living in Penrose, CO is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

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 530 Illinois St

The listing price of 530 Illinois St property is $275,000.

The property 530 Illinois St is a house located in Penrose, Colorado, 81240.

Active Listing: 530 Illinois St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 530 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), Harrison K-8 School (GreatSchools Rating 3/10), Mount View Core Knowledge Charter School (GreatSchools Rating 6/10), 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 $765 (source: MLS/based on county public records data).

The last sale was on April 29, 2024 for $157,500 (source: MLS/tax record).

The property at 530 Illinois St has 3 bedrooms and 2 bathrooms.

The property 530 Illinois St is 1,344 SqFt (source: MLS/tax record).

The year of construction for 530 Illinois St is 1978.

This home is located at 530 Illinois St in Penrose, CO and zip code 81240. This 1,344 square foot home, which was built in 1978, sits on a 0.52 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $275,000.

Penrose, CO housing market in June 2025 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. Between May and June 2025, Penrose, CO real estate market has seen increase in the number of listings by 38.5%. Listings spent 315 days on the market in June 2025, and had a median list price of $410,816 during the same period.

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

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