502 Franklin Street Oregon, IL ^$ 194,900

502 Franklin Street

^$ 194,900

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502 Franklin Street

Oregon, IL, 61061

^$ 194,900

Studio Baths0.0 Sq 1,800

Monthly Estimate*

^$ 1,295

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Studio

Commercial Property for sale in Oregon, IL

for $194,900. This 1,800 square foot building was built in 1920 on a lot size of 0.066713.

Great downtown Oregon location for this retail/office building. This 1 level property has 1800+ sq ft currently used as a retail store. It has 3 separate entrances, 2 bathrooms (1 ADA compliant), 2 "retail shop" rooms with original hardwood 24.1x21.2 and 16.6 x12.6, 1 large room used as a classroom 21.2x13.3, office 12x8.3, another large room 17.1x13.3, 2nd office 12x8.3 and attic area with lots of potential is partially finished for use 17.7x13.3 & 14.4x13.7. Five mini-split electric heat & air units. New roof 2023, front sign posts are grandfathered in (actual sign will be removed), located in TIF district, pergola over patio, electrical redone in 2021, 3 newer windows, newer homemade main door, custom built beams on ceiling, barn doors on storage closet. Zoned commercial. Move your business right in!

Commercial Active

Price

^$ 194,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,568

Style

Lot Size

0.066713

Year Built

1920

Town/City

Oregon

County/Region

Ogle

MLS | Web ID

12008816

Features

General

Cooling Window Unit(s)

Roof Composition

Year Built 1920

Electric Service - 0 to 100 Amps

Tenant Pays Varies by Tenant

Stories 1

Township Nashua

Property SubType Mixed Use

Tax Year 2023

Gross Income 0

County Ogle

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions Washington to 5th to Franklin

City Oregon

NumberOfUnitsTotal 6

MLS Area Oregon

Lot Size Square Feet 2906

Street Name Franklin

Tax Annual Amount 2568.38

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 73

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 1800

Lot Dimensions 46X66

Exterior Cedar Frame

Interior

Street Suffix Street

* Excluded Features

List By

Re/Max Of Rock Valley

Broker

beckyadams@remax.net

Affordability Calculator

$1,509

Per Month

Monthly Principal & Interest: $1,295
Monthly Property Taxes: $214
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Oregon, IL

Average List Price ^$194,900

Percent of Sale Price 0%

About Oregon, IL

3,758 Population

-7% Since 2002

^$46,237 Median Income

43.01 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2024	$194,900		Listed Price

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502 Franklin Street, Oregon, IL, 61061 is a Commercial Property for sale at $194,900 with 1,800 sqft and a lot size of 0.066713. 502 Franklin Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 61061 which is in Oregon, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 6/5/2024.

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502 Franklin Street

Commercial Property for sale in Oregon, IL

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