A must see fully rented 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!
For sale
$390,000
400 N 4th St, Oregon, IL 61061
--beds
--baths
4,054sqft
Est.:
5+ Units
Built in 1887
-- sqft lot
$358,000 Zestimate®
$96/sqft
$-- HOA
What's special
Original lampsDouble corner lotNew windowsHardwood floorsWall mounted shelving
- 37 days |
- 775 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: March 01, 2026 at 12:11pm
Listed by:
Carlos Serna 815-262-3919,
Century 21 Affiliated
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202600749
Tour with a local agent
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove/Cooktop, Gas Water Heater
Features
- Has basement: Yes
Interior area
- Total structure area: 4,054
- Total interior livable area: 4,054 sqft
- Finished area above ground: 4,054
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Details
- Parcel number: 1603113011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Siding
- Roof: Shingle
Condition
- Year built: 1887
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & HOA
Community
- Features: Storage Area
- Subdivision: IL
Location
- Region: Oregon
Financial & listing details
- Price per square foot: $96/sqft
- Annual tax amount: $6,572
- Price range: $390K - $390K
- Date on market: 2/13/2026
- Cumulative days on market: 157 days
Estimated market value
$358,000
$337,000 - $376,000
$1,058/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Listed for sale | $390,000-2.5%$96/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202600749 Report a problem | ||
| 1/28/2026 | Listing removed | $400,000$99/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202506045 Report a problem | ||
| 1/14/2026 | Price change | $400,000-3.6%$99/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202506045 Report a problem | ||
| 9/30/2025 | Listed for sale | $415,000$102/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202506045 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,601/mo
Principal & interest
$1941
Property taxes
$660
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Climate risks
Neighborhood: 61061
Nearby schools
GreatSchools rating
- 7/10Oregon Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 9/10Oregon High SchoolGrades: 7-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Oregon Elementary
- Middle: Oregon
- High: Oregon High
- District: Oregon 220
Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 61061
- Illinois
- Ogle County
- Oregon
- 61061
- 400 N 4th St
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