$189,000

213 N 4th St Oregon, IL 61061

Estimated payment $1,237/month

5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Heating System Uses Natural Gas
  • 4-minute walk to Oregon Park District Kiwanis Park
  • Oregon High School Rated 9+

About This Home

3-Unit Multi-Family Near Downtown Oregon! Fantastic investment opportunity just steps from downtown Oregon! This well-maintained 3-unit property offers excellent cash flow with recent updates and desirable amenities. Main Unit: Spacious 3-bedroom, 2-bathroom apartment beautifully updated in 2023 with modern finishes and generous living space. Additional Units: One-bedroom main floor unit plus a charming studio upstairs - perfect for consistent rental income. Property highlights include: New roof (2024) and new windows throughout Off-street parking and outdoor space for tenants Separate utilities with one water bill (paid by landlord). Whether you're looking to add to your portfolio or step into multi-family ownership, this property is a smart move in a prime location!

Listing Agent

Rebecca Hazzard

RE/MAX of Rock Valley License #471019445 Listed on: 10/02/2025

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1912

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66x71
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • 2-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,814

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 66X71
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 2814.18
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,814 $28,018 $3,810 $24,208
2023 $2,663 $26,713 $5,038 $21,675
2022 $2,549 $24,725 $4,663 $20,062
2021 $2,405 $23,071 $4,351 $18,720
2020 $2,328 $22,048 $4,158 $17,890
2019 $2,304 $21,938 $4,137 $17,801
2018 $2,189 $20,993 $3,959 $17,034
2017 $2,180 $20,993 $3,959 $17,034
2016 $2,085 $20,257 $3,820 $16,437
2015 $2,053 $20,970 $3,954 $17,016
2014 $1,788 $20,970 $3,954 $17,016
2013 $1,796 $25,095 $4,151 $20,944
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2025 10/02/25 For Sale $189,000 +432.4% --
10/30/2014 10/30/14 Sold $35,500 -11.0% --
09/22/2014 09/22/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $39,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $35,500 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,000 New Conventional
Previous Owner $90,459 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12477994

Midwest Real Estate Data (MRED)

APN: 16-03-155-001