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$65,000
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Property Description
Don't miss this unique chance to own a fully leased, income-generating property in the heart of Chana. Anchored by a long-term tenant-the U.S. Postal Service-this versatile building also features a spacious 3-bedroom apartment upstairs and a massive 1,500 sq ft garage space below. The apartment offers generous living space and rental income potential, while the garage provides flexibility-use it for personal storage or convert it into additional revenue as storage rentals. With tenants covering their own utilities and stable cash flow in place, this is a smart investment for both seasoned and first-time investors. Whether you're looking to expand your portfolio or start strong with a dependable asset, this property delivers on location, functionality, and income potential. Schedule your showing today!
Full Property Details
Full Property Details for 300 Main St
General
- Sold For: $65,000
- Taxes: $2,392 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12398398
- Added to Site: 287 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Chana
- County: Ogle
- Driving Directions: South Chana Rd to Center to Main
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,400
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 8,022
- Lot Dimensions: 45 x 88 x 122 x 122
Financial Considerations
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1920
- Tax Amount: $2,392.84
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Scavenger, Sewer
Disclosures and Reports
- Property ID: 17153100030000
Listed by RE/MAX of Rock Valley
Sold by Re/Max of Rock Valley
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Schools
Schools serving 300 Main St
School District:Oregon Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061 | PK-6 | 6.7 mi |
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061 | 9-12 | 6.6 mi |
David L Rahn Junior High School 105 West Brayton Road, Mount Morris, IL 61054 | 7-8 | 11.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 300 Main St
Date
Details
Price
Change
Source
8/18/2025
Sold
$65,000
-21.21%
MLS
7/24/2025
Price Reduced
$82,500
-8.33%
MLS
6/19/2025
Listed
$90,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
300 Main Street, Chana, IL 61015 (MLS# 12398398) is a Commercial property that was sold at $65,000 on August 18, 2025. Want to learn more about 300 Main Street? Do you have questions about finding other Commercial real estate for sale in Chana? You can browse all Chana real estate or contact a Coldwell Banker agent to request more information.

