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Single Family ResidenceResidential
$75,732$57 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $20,500 on Mar 27, 2013

550 W ADDISON ST

FREEPORT, IL 61032
3
Beds
1
Baths
1,322 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1913
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$76K
$71K low$81K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$20,500 · Mar 27, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,937 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$21,891 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,394
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,497
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$13,513
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$65,673

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySTEPHENSON
Lot (acres)The size of the land the home sits on, from county records.0.15
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Freeport High SchoolF
High · Grades 9–12 · 0.6 mi
M
Freeport Middle SchoolD+
Middle · Grades 7–8 · 0.7 mi
E
Empire Elementary SchoolD+
Elementary · Grades PK–4 · 1.1 mi

District: Freeport School District 145

Neighborhood · ZIP 61032These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.29

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.28,326
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.191 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$56,467
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$69,841
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

550 W Addison St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 92% of homes in Stephenson County
  • Costs less per square foot than 88% of homes in Freeport 61032
  • Smaller than 75% of homes in Stephenson County
  • Has a smaller lot than 81% of homes in Stephenson County
  • Older than 69% of homes in Stephenson County

What homes are worth in Freeport 61032

Each bar is how many homes fall in that price range. The marker is this home.

This home
$49K$434K

This home is worth more than 12% of homes in Freeport 61032.

How it measures up in Freeport 61032

The dot is this home. The mark in the middle is the typical home in Freeport 61032.

Estimated value$75,732
CheaperTypical $141,039Pricier

Pricier than 12% of homes nearby

Price per ft²$57
CheaperTypical $94Pricier

Pricier than 12% of homes nearby

Living area1,322 ft²
SmallerTypical 1,537 ft²Bigger

Bigger than 35% of homes nearby

Lot size0.15 ac
SmallerTypical 0.25 acBigger

Bigger than 27% of homes nearby

Year built1913
OlderTypical 1949Newer

Newer than 32% of homes nearby

How 550 W Addison St ranks against every home in each area.
MeasureThis homeFreeport 61032Stephenson County
Estimated valuepricier than$75,73212% of homes8% of homes
Price per ft²pricier than$5712% of homes15% of homes
Living areabigger than1,322 ft²35% of homes25% of homes
Lot sizebigger than0.15 ac27% of homes19% of homes
Year builtnewer than191332% of homes31% of homes

About 550 W Addison St

How much is 550 W Addison St, Freeport, IL worth?

The TopHap Estimate for 550 W Addison St, Freeport, IL is $75,732 as of Aug 30, 2026. The likely range is $70,529 to $80,935. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 550 W Addison St, Freeport, IL last sell?

550 W Addison St, Freeport, IL last sold on Mar 27, 2013 for $20,500, according to the county's recorded deed.

How big is 550 W Addison St, Freeport, IL?

550 W Addison St, Freeport, IL has 3 bedrooms, 1 bathrooms, 1,322 square feet of living space and a 0.15-acre lot.

When was 550 W Addison St, Freeport, IL built?

550 W Addison St, Freeport, IL was built in 1913, making it 113 years old. The building has 2 stories.

What schools serve 550 W Addison St, Freeport, IL?

550 W Addison St, Freeport, IL is assigned to Freeport High School (high), rated F; Freeport Middle School (middle), rated D+; Empire Elementary School (elementary), rated D+. All sit in Freeport School District 145. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 550 W Addison St, Freeport, IL compare to other homes in Freeport 61032?

Among the 10,790 homes in Freeport 61032, it is worth more than 12% of them ($75,732 against a typical $141,039), its price per square foot is higher than 12% of them ($57 against a typical $94), it is bigger than 35% of them (1,322 ft² against a typical 1,537 ft²), its lot is bigger than 27% of them (0.15 ac against a typical 0.25 ac) and it is newer than 32% of them (1913 against a typical 1949). Measured against all of Stephenson County, it is worth more than 8% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 550 W Addison St, Freeport, IL?

The 2025 property tax bill for 550 W Addison St, Freeport, IL was $1,937. The county assessed it at $21,891.

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