Discover a rare opportunity to own 66 feet of Rock River frontage in Oregon’s sought after River District. Zoned commercial, this property offers truly endless potential whether you envision a full-time residence, waterfront business, Airbnb, or a combination of both. Previously operated as a successful short-term rental, it now serves as a comfortable year round home with 2 bedrooms and 2 bathrooms. Enjoy stunning river views from the wall of windows spanning the entire back of the home, along with an enclosed wrap around porch perfect for relaxing, entertaining, or taking in the ever changing scenery. Step outside to your private boat dock, complete with an engineered hoist and pulley system that raises and lowers at the push of a button, no removing docks for winter needed! A standout feature is the large heated outbuilding, equipped with upgraded electrical, an industrial crane, half bathroom, and ample space for storage, hobbies, or future commercial use. Located a short walk from downtown Oregon, this waterfront property blends convenience, versatility, and unmatched riverfront living. Let your imagination run, the possibilities here are truly limitless!
Sold for $300,000
Street View
$300,000
207 S 1st St, Oregon, IL 61061
2beds
1,600sqft
Single Family Residence
Built in 2004
0.26 Acres Lot
$310,800 Zestimate®
$188/sqft
$1,655 Estimated rent
Home value
$310,800
$258,000 - $376,000
$1,655/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Rebecca Hazzard 815-509-8432,
Re/Max Of Rock Valley
Bought with:
Elizabeth Gaffney, 475.200385
Epique Realty
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202507539
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Bedroom 2
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Kitchen
- Level: Main
- Area: 260
- Dimensions: 13 x 20
Living room
- Level: Main
- Area: 450
- Dimensions: 15 x 30
Heating
- Baseboard, Electric
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Water Softener, Electric Water Heater
- Laundry: Main Level
Features
- Walk-In Closet(s)
- Windows: Window Treatments
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 1,600
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Detached, Tandem
- Garage spaces: 6
Features
- Patio & porch: Deck, Deck-Covered, Porch 3 Season, Enclosed
- Exterior features: Dock
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
Lot
- Size: 0.26 Acres
- Features: City/Town
Details
- Additional structures: Outbuilding
- Parcel number: 1603183005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Siding
- Roof: Shingle
Condition
- Year built: 2004
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City/Community
- Water: City/Community
Community & neighborhood
Location
- Region: Oregon
- Subdivision: IL
Other
Other facts
- Price range: $300K - $300K
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Sold | $300,000-4.8%$188/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202507539 Report a problem | ||
| 1/29/2026 | Pending sale | $315,000$197/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202507539 Report a problem | ||
| 1/21/2026 | Price change | $315,000-3.1%$197/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202507539 Report a problem | ||
| 12/11/2025 | Listed for sale | $325,000$203/sqft |
Source:  MRED as distributed by MLS GRID #12531537 Report a problem | ||
| 3/2/2022 | Pending sale | $325,000$203/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202107969 Report a problem | ||
| 2/25/2022 | Contingent | $325,000$203/sqft |
Source: MRED as distributed by MLS GRID #11327962 Report a problem | ||
| 2/18/2022 | Price change | $325,000-12.1%$203/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202107969 Report a problem | ||
| 1/4/2022 | Price change | $369,900-1.4%$231/sqft |
Source: MRED as distributed by MLS GRID #11266849 Report a problem | ||
| 12/7/2021 | Price change | $375,000-2.6%$234/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202107969 Report a problem | ||
| 11/9/2021 | Listed for sale | $385,000$241/sqft |
Source: MRED as distributed by MLS GRID #11266849 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,491 +12.1% | $94,489 +11.3% |
| 2023 | $8,465 +4.4% | $84,928 +8% |
| 2022 | $8,105 +24.7% | $78,608 +7.2% |
| 2021 | $6,500 +4.2% | $73,349 +4.6% |
| 2020 | $6,239 +7.3% | $70,097 +5% |
| 2018 | $5,813 +0.4% | $66,745 |
| 2017 | $5,789 +1.7% | $66,745 +3.6% |
| 2016 | $5,690 +4.4% | $64,407 -3.4% |
| 2015 | $5,449 -1.4% | $66,674 |
| 2014 | $5,525 -1.6% | $66,674 -4.7% |
| 2013 | $5,614 | $69,992 -3.4% |
| 2012 | -- | $72,455 -5.8% |
| 2011 | -- | $76,908 -3.2% |
| 2010 | -- | $79,467 -2.4% |
| 2009 | -- | $81,421 |
| 2008 | $5,834 +5% | $81,421 +3.9% |
| 2007 | $5,557 | $78,365 |
Find assessor info on the county website
Neighborhood: 61061
Nearby schools
GreatSchools rating
- 6/10Oregon Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 7/10Oregon High SchoolGrades: 7-12Distance: 0.7 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.
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- Illinois
- Ogle County
- Oregon
- 61061
- 207 S 1st St
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