Welcome to this unique and versatile 4-bedroom, 2-bath bi-level home offering approximately 1,700 square feet of living space. Designed with flexibility in mind, the upper and lower levels each feature bedrooms, a full bath, living space, and kitchen areas, creating endless possibilities for large families, multi-generational living, guest accommodations, hobby space, home offices, entertaining or even a short term rental option. The home's thoughtful layout provides privacy and functionality while maintaining the feel of a single-family residence. The lower-level kitchen area could easily serve as a wet bar, game room, or entertaining space, allowing future owners to tailor the home to their needs. Whether you're looking for room to spread out, space for extended family, a home that offers flexible living arrangements, large bedrooms, and plenty of outdoor space, this property delivers. Conveniently located in the heart of Oregon, you'll enjoy easy access to schools, parks, shopping, dining, and all the charm this scenic community has to offer. Don't miss this opportunity to own a home with the space, versatility, and potential to fit a variety of lifestyles.
Active
Price cut: $10K (7/20)
$158,000
503 S 2nd St, Oregon, IL 61061
4beds
1,700sqft
Single Family Residence
Built in 1985
8,167 Square Feet Lot
$155,200 Zestimate®
$93/sqft
$-- HOA
What's special
Large bedroomsPlenty of outdoor space
- 39 days |
- 1,047 |
- 42 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Terri Maynard 815-970-6134,
Bearrows Real Estate & Auction Co
Source: MRED as distributed by MLS GRID,MLS#: 12685937
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Second
- Area: 180 Square Feet
- Dimensions: 12X15
Bedroom 2
- Level: Second
- Area: 120 Square Feet
- Dimensions: 10X12
Bedroom 3
- Level: Lower
- Area: 90 Square Feet
- Dimensions: 9X10
Bedroom 4
- Level: Lower
- Area: 99 Square Feet
- Dimensions: 9X11
Family room
- Level: Lower
- Area: 345 Square Feet
- Dimensions: 23X15
Kitchen
- Level: Second
- Area: 150 Square Feet
- Dimensions: 15X10
Living room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Heating
- Baseboard
Cooling
- Window Unit(s)
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 0
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 8,167 Square Feet
- Dimensions: 66x123.75
Details
- Parcel number: 16033300130000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Oregon
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $122,475
- Annual tax amount: $4,101
- Date on market: 7/9/2026
- Ownership: Fee Simple
Estimated market value
$155,200
$147,000 - $163,000
$1,470/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $158,000-6%$93/sqft |
Source:  MRED as distributed by MLS GRID #12685937 Report a problem | ||
| 7/9/2026 | Listed for sale | $168,000+48%$99/sqft |
Source: MRED as distributed by MLS GRID #12685937 Report a problem | ||
| 2/10/2023 | Sold | $113,500-4.6%$67/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202207234 Report a problem | ||
| 1/27/2023 | Pending sale | $119,000$70/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202207234 Report a problem | ||
| 1/5/2023 | Listed for sale | $119,000$70/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202207234 Report a problem | ||
| 1/2/2023 | Pending sale | $119,000$70/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202207234 Report a problem | ||
| 11/7/2022 | Listed for sale | $119,000+138%$70/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202207234 Report a problem | ||
| 9/11/2018 | Sold | $50,000+79.2%$29/sqft |
Source: Public Record Report a problem | ||
| 5/20/2016 | Sold | $27,900$16/sqft |
Source: Agent Provided Report a problem | ||
| 4/23/2016 | Listed for sale | $27,900$16/sqft |
Source: Homepath Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,101 +11.8% | $40,825 +11% |
| 2023 | $3,667 +81.3% | $36,787 +87.6% |
| 2022 | $2,022 +6% | $19,611 +7.2% |
| 2021 | $1,908 +3.3% | $18,299 +4.6% |
| 2020 | $1,846 +90.2% | $17,487 +87.8% |
| 2018 | $971 +0.4% | $9,310 |
| 2017 | $967 -66.5% | $9,310 +3.6% |
| 2016 | $2,889 +32.6% | $8,984 -68.2% |
| 2015 | $2,179 | $28,262 |
| 2014 | $2,179 -1.9% | $28,262 -4.7% |
| 2013 | $2,222 | $29,669 -3.4% |
| 2012 | -- | $30,713 -5.8% |
| 2011 | -- | $32,600 -14.3% |
| 2010 | -- | $38,050 -2.4% |
| 2009 | -- | $38,986 |
| 2008 | $2,716 +17.5% | $38,986 +3.9% |
| 2007 | $2,311 | $37,523 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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