709 Franklin Street Oregon, IL ^$ 790,000

709 Franklin Street

^$ 790,000

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Recently Listed

709 Franklin Street

Oregon, IL, 61061

^$ 790,000

Studio Baths0.0 Sq 11,922

Monthly Estimate*

^$ 4,864

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Studio

Multi-Family Home for sale in Oregon, IL

for $790,000. This home is 11,922 square feet.

Rare investment opportunity in the heart of Oregon! This exceptional offering includes a fully occupied 11-unit apartment building with off-street parking and excellent rental history, plus a stunning all-brick historic two-story homeâoriginally the Oregon Bible College. The spacious brick residence features 5 bedrooms and a beautiful gourmet kitchen, blending historic charm with modern functionality. Situated on a prominent corner lot close to downtown shopping and Oregon schools, this unique property offers both immediate income and long-term value. A truly one-of-a-kind investment in the scenic, charming community of Oregon.

Multi-Family Active

Price

^$ 790,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 21,878

Style

3+ Story

Town/City

Oregon

County/Region

Ogle

MLS | Web ID

202600285

Features

General

Sewer City

Heating Forced Air Natural Gas

Cooling Central Air

Utilities 1805

Possession Other Remarks

Roof Shingle

Water City

Water Heater Gas

Zoning Multifamiley

Electric Circuit Breaker

Style 3+ Story

Class MULTIFAMILY

Type 5+ Units

Parcel Number 1604291005

HUD No

Tax Year 2024

Basement Type Full

Status ACTIVE and AVAILABLE

Subdivision IL

Sale/Rent For Sale

Status Detail 0

Short Sale No

Primary City Oregon

Year Built 0

High School Oregon High

City OREGON

Taxes 21878

School District Oregon 220

Elementary School Oregon Elementary

Middle School Oregon

Legal Description Per Title

DOM 0

Postal Code 61061

Price Per Sq Ft Total AG 66.26

Exterior

Exterior Brick/Stone Concrete Block

Parking Spaces 11

Interior

# of Units 11

* Excluded Features

List By

Carla Benesh

Listing Agent

Re/Max Of Rock Valley

Broker

carla@carlabenesh.com

Affordability Calculator

$6,687

Per Month

Monthly Principal & Interest: $4,864
Monthly Property Taxes: $1,823
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Multi-family listings in Oregon, IL

Average List Price ^$225,500

Percent of Sale Price 71%

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.

2138298 Elementary School

2138105 Middle School

Oregon High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$790,000		Listed Price

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709 Franklin Street, Oregon, IL, 61061 is a Multi-Family Home for sale at $790,000 with 11,922 sqft. 709 Franklin Street is a studio with 0.0 baths. 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 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/18/2026.

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709 Franklin Street

Multi-Family Home for sale in Oregon, IL

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