400 N 4th Street Oregon, IL ^$ 390,000

400 N 4th Street

^$ 390,000

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Recently Listed

400 N 4th Street

Oregon, IL, 61061

^$ 390,000

Studio Baths0.0 Sq 4,054

Monthly Estimate*

^$ 2,401

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Studio

Multi-Family Home for sale in Oregon, IL

for $390,000. This home is 4,054 square feet.

A must see investment opportunity! This classic and historic 6-unit apartment building is very well maintained with each unit offering its own charm, with original lamps, wall mounted shelving, hardwood floors; a place where people want to lease and stay. The building sits on a double corner lot. New roof in 2024- new windows- hardwood floor in some units and separate utilities in the basement, with additional storage for each tenant. Steady cash flow- monthly rent income $ 4045 EST Yr Income $ 46,500. Great unique property to add to portfolio!

Multi-Family Active

Price

^$ 390,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,572

Style

2 Story

Town/City

Oregon

County/Region

Ogle

MLS | Web ID

202600749

Features

General

Sewer City

Heating Forced Air Natural Gas

Cooling None

Utilities 3400

Possession Closing

Roof Shingle

Water City

Water Heater Gas

Electric Circuit Breaker

Style 2 Story

Class MULTIFAMILY

Type 5+ Units

Parcel Number 1603113011

HUD No

Tax Year 2024

Status ACTIVE and AVAILABLE

Subdivision IL

Sale/Rent For Sale

Status Detail 0

Short Sale No

Primary City Oregon

Year Built 1887

High School Oregon High

City OREGON

Taxes 6572

School District Oregon 220

Elementary School Oregon Elementary

Middle School Oregon

Legal Description lots 7 & 8 Blk 62 B T Phelps's Add city Of Oregon

DOM 7

Postal Code 61061

Price Per Sq Ft Total AG 96.2

Exterior

Exterior Siding

Parking Spaces 6

Interior

# of Units 6

* Excluded Features

List By

Carlos Serna

Listing Agent

Century 21 Affiliated

Broker

sernarealty@gmail.com

Affordability Calculator

$2,949

Per Month

Monthly Principal & Interest: $2,401
Monthly Property Taxes: $548
Monthly Home Insurance: --

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Interest Rate

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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 ^$315,375

Percent of Sale Price 19%

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
2/13/2026	$390,000		Listed Price

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400 N 4th Street, Oregon, IL, 61061 is a Multi-Family Home for sale at $390,000 with 4,054 sqft. 400 N 4th 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 2/20/2026.

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400 N 4th Street

Multi-Family Home for sale in Oregon, IL

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