4-Unit Apartment Building - Turnkey Investment in Oregon, IL Excellent investment opportunity! Well-maintained 4-unit apartment building in the quaint town of Oregon, IL. Three units are currently occupied, and one two-bedroom unit is vacant and available for showings. Each unit features laundry hookups, stove, and refrigerator. No work needed-this property is fully updated and ready for a new owner. Strong rental history and desirable location near downtown amenities make this a great addition to any portfolio. Features: * 4 total units (3 occupied, 1 vacant for showings) * Each unit has 2 bedrooms * Laundry hookups in each unit * Appliances included: stove & refrigerator * Turnkey condition * Great rental income potential * Desirable small-town location
Closed
$290,000
207 N 7th St, Oregon, IL 61061
8beds
--sqft
Multi Family
Built in 1977
-- sqft lot
$289,000 Zestimate®
$--/sqft
$727 Estimated rent
Home value
$289,000
$275,000 - $303,000
$727/mo
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listing courtesy of:
Cynthia Adcock 815-677-0934,
Crawford Realty, LLC
Bought with:
Raj Patel
REMAX Legends
Source: MRED as distributed by MLS GRID,MLS#: 12495130
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Features
- Basement: None
Property
Parking
- Total spaces: 6
- Parking features: Unassigned, Off Street, Yes
Lot
- Size: 8,712 sqft
- Dimensions: 66X132
Details
- Parcel number: 16031520120000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Oregon
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Sold | $290,000-1.7% |
Source:  MRED as distributed by MLS GRID #12495130 Report a problem | ||
| 11/28/2025 | Contingent | $295,000 |
Source: MRED as distributed by MLS GRID #12495130 Report a problem | ||
| 11/21/2025 | Price change | $295,000-1.6% |
Source: MRED as distributed by MLS GRID #12495130 Report a problem | ||
| 10/31/2025 | Price change | $299,900-1.7% |
Source: MRED as distributed by MLS GRID #12495130 Report a problem | ||
| 10/28/2025 | Price change | $305,000-3.2% |
Source: MRED as distributed by MLS GRID #12495130 Report a problem | ||
| 10/16/2025 | Listed for sale | $315,000+21.6% |
Source: MRED as distributed by MLS GRID #12495130 Report a problem | ||
| 1/16/2025 | Sold | $259,000 |
Source: MRED as distributed by MLS GRID #12221770 Report a problem | ||
| 12/7/2024 | Contingent | $259,000 |
Source: MRED as distributed by MLS GRID #12221770 Report a problem | ||
| 12/6/2024 | Listed for sale | $259,000+72.7% |
Source: MRED as distributed by MLS GRID #12221770 Report a problem | ||
| 5/3/2021 | Sold | $150,000-10.4% |
Source: Public Record Report a problem | ||
| 4/13/2021 | Pending sale | $167,500 |
Source: NorthWest Illinois Alliance of REALTORS® #202004001 Report a problem | ||
| 3/23/2021 | Price change | $167,500-5.6% |
Source: NorthWest Illinois Alliance of REALTORS® #202004001 Report a problem | ||
| 11/24/2020 | Price change | $177,500-1.3% |
Source: RE/MAX of Rock Valley #10792178 Report a problem | ||
| 9/25/2020 | Price change | $179,900-2.8% |
Source: RE/MAX of Rock Valley #10792178 Report a problem | ||
| 7/31/2020 | Listed for sale | $185,000 |
Source: RE/MAX of Rock Valley #10792178 Report a problem | ||
| 7/27/2020 | Pending sale | $185,000 |
Source: RE/MAX of Rock Valley #10792178 Report a problem | ||
| 7/23/2020 | Listed for sale | $185,000+13.5% |
Source: Re/Max of Rock Valley #202004001 Report a problem | ||
| 11/2/2006 | Sold | $163,000+1064.3% |
Source: Public Record Report a problem | ||
| 1/4/2005 | Sold | $14,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,723 +11.5% | $66,938 +10.6% |
| 2023 | $6,031 +4.4% | $60,505 +8% |
| 2022 | $5,774 +6% | $56,002 +7.2% |
| 2021 | $5,447 +3.3% | $52,255 +4.6% |
| 2020 | $5,272 +6.3% | $49,938 +5% |
| 2018 | $4,958 +0.4% | $47,551 |
| 2017 | $4,938 +1.7% | $47,551 +3.6% |
| 2016 | $4,855 +11.8% | $45,885 -3.4% |
| 2015 | $4,344 -0.4% | $47,500 +7% |
| 2014 | $4,363 +0.6% | $44,378 -4.7% |
| 2013 | $4,335 | $46,586 -3.4% |
| 2012 | -- | $48,226 -5.8% |
| 2011 | -- | $51,190 -3.2% |
| 2010 | -- | $52,893 -2.4% |
| 2009 | -- | $54,194 |
| 2008 | $4,396 +20.9% | $54,194 +3.9% |
| 2007 | $3,638 | $52,160 |
Find assessor info on the county website
Neighborhood: 61061
Nearby schools
GreatSchools rating
- 6/10Oregon Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 7/10Oregon High SchoolGrades: 7-12Distance: 0.4 mi
Schools provided by the listing agent
- District: 220
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Ogle County
- Oregon
- 61061
- 207 N 7th St
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