Rare investment opportunity in the heart of Oregon! This exceptional offering includes a fully occupied 11-unit apartment building with off-street parking and excellent rental history, plus a stunning all-brick historic two-story home—originally the Oregon Bible College. The spacious brick residence features 5 bedrooms and a beautiful gourmet kitchen, blending historic charm with modern functionality. Situated on a prominent corner lot close to downtown shopping and Oregon schools, this unique property offers both immediate income and long-term value. A truly one-of-a-kind investment in the scenic, charming community of Oregon.
Sold for $720,000
$720,000
709 Franklin St, Oregon, IL 61061
--beds
--baths
11,922sqft
5+ Units
Built in ----
-- sqft lot
$803,900 Zestimate®
$60/sqft
$804 Estimated rent
Home value
$803,900
$643,000 - $1.00M
$804/mo
Zestimate® history
Owner options
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$804/mo
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$804/mo
Rent Zestimate®
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$5,032/mo
Est. payment
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$5,032/mo
Est. payment
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List your homeWhat's special
Spacious brick residenceBeautiful gourmet kitchenProminent corner lotOff-street parking
Zillow last checked:
Listing updated:
Listed by:
Carla Benesh 815-985-6235,
Re/Max Of Rock Valley
Bought with:
Carla Benesh, 471010258
Re/Max Of Rock Valley
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202600285
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Gas Water Heater
Features
- Basement: Full
Interior area
- Total structure area: 11,922
- Total interior livable area: 11,922 sqft
- Finished area above ground: 11,922
- Finished area below ground: 0
Property
Parking
- Total spaces: 11
Features
- Levels: Three Or More
- Stories: 3
Details
- Additional parcels included: 1603156001
- Parcel number: 1604291005
- Zoning: Multifamiley
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Brick/Stone, Concrete Block
- Roof: Shingle
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & neighborhood
Location
- Region: Oregon
- Subdivision: IL
Other
Other facts
- Price range: $720K - $720K
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $720,000-8.9%$60/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202600285 Report a problem | ||
| 2/9/2026 | Pending sale | $790,000$66/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202600285 Report a problem | ||
| 1/16/2026 | Listed for sale | $790,000$66/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202600285 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 61061
Nearby schools
GreatSchools rating
- 6/10Oregon Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 7/10Oregon High SchoolGrades: 7-12Distance: 0.3 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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$803,900
2% more
+$16,078
With Zillow Showcase(estimated)
$819,978
- Illinois
- Ogle County
- Oregon
- 61061
- 709 Franklin St
Nearby cities
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