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

Bedrooms1 Baths0.0

Monthly Estimate*

^$ 2,401

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Multi-Family Home for sale in Oregon, IL

for $390,000 with 1 bedroom. This home was built in 1887.

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

Property Type

Multi-Family

Taxes

^$ 6,572

Style

Year Built

1887

Town/City

Oregon

County/Region

Ogle

MLS | Web ID

12568259

Features

General

Year Built 1887

Stories Count 2

Tax Year 2024

Gross Income 46500

County Ogle

Net Operating Income 46500

Operating Expense 14608

Insurance Expense 3141

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 1495

Status Active

Directions South on 4th st and on corner of Jackson

City Oregon

Number Of Units Total 6

MLS Area Oregon

Tax Annual Amount 6572

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 3400

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 132x132x66x66

* Excluded Features

List By

Century 21 Affiliated - Rockford

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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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.

565567 Elementary School

567955 Middle School

Unknown High School 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. 400 N 4th Street has 1 bedrooms, 0.0 baths, and was built in 1887. 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.

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 2/20/2026.

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400 N 4th Street

Multi-Family Home for sale in Oregon, IL

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