400 N 4th St Oregon, IL 61061
Estimated payment $2,558/month
Highlights
- Popular Property
- Balcony
- Forced Air Heating System
- Oregon High School Rated 9+
- Storage
About This Home
A must see investment opportunity! This classic and historic 6-unit apartment building is very well maintained with each unit offering its own charm, with original lamps, wall mounted shelving, hardwood floors; a place where people want to lease and stay. The building sits on a double corner lot. New roof in 2024- new windows- hardwood floor in some units and separate utilities in the basement, with additional storage for each tenant. Steady cash flow- monthly rent income $ 4045 EST Yr Income $ 46,500. Great unique property to add to portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,572
Year Built
- Built in 1887
Home Design
- Shingle Roof
- Siding
Interior Spaces
- 4,054 Sq Ft Home
- 2-Story Property
- Storage
- Washer and Dryer Hookup
- Basement
Kitchen
- Stove
- Range
Parking
- 6 Car Parking Spaces
- Additional Parking
Outdoor Features
- Balcony
Schools
- Oregon Elementary School
- Oregon Middle School
- Oregon High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Gas Water Heater
Community Details
- 6 Units
- 2-Story Building
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,572 | $65,430 | $10,477 | $54,953 |
| 2023 | $6,073 | $60,927 | $9,756 | $51,171 |
| 2022 | $5,815 | $56,393 | $9,030 | $47,363 |
| 2021 | $5,485 | $52,620 | $8,426 | $44,194 |
| 2020 | $5,533 | $52,408 | $8,052 | $44,356 |
| 2019 | $5,477 | $52,147 | $8,012 | $44,135 |
| 2018 | $5,203 | $49,901 | $7,667 | $42,234 |
| 2017 | $5,182 | $49,901 | $7,667 | $42,234 |
| 2016 | $4,956 | $48,153 | $7,398 | $40,755 |
| 2015 | $4,879 | $49,847 | $7,658 | $42,189 |
| 2014 | $4,900 | $49,847 | $7,658 | $42,189 |
| 2013 | $4,869 | $52,327 | $8,039 | $44,288 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $390,000 | -- | $96 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202600749
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Ask me questions while you tour the home.