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$295,000 Contingent
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Property Description
4-Unit Apartment Building - Turnkey Investment in Oregon, IL Excellent investment opportunity! Well-maintained 4-unit apartment building in the quaint town of Oregon, IL. Three units are currently occupied, and one two-bedroom unit is vacant and available for showings. Each unit features laundry hookups, stove, and refrigerator. No work needed-this property is fully updated and ready for a new owner. Strong rental history and desirable location near downtown amenities make this a great addition to any portfolio. Features: * 4 total units (3 occupied, 1 vacant for showings) * Each unit has 2 bedrooms * Laundry hookups in each unit * Appliances included: stove & refrigerator * Turnkey condition * Great rental income potential * Desirable small-town location
Full Property Details
Full Property Details for 207 N 7th St
General
- Price: $295,000
- Taxes: $6,724 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12495130
- Updated: 11/28/2025
- Added to Site: 113 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 6
- Parking Features: Unassigned, Off-Street, Yes
Location
- Area: Oregon
- County: Ogle
- Township: Nashua
- Driving Directions: Rt 2 Turn North on to Franklin St. Then right on N 7th St
School Information
- School District: 220
- Elem School District: 220
- Midd School District: 220
- High School District: 220
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.2
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 66 x 132
Financial Considerations
- Assessment Year: 1977
- Tax Amount: $6,724
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16031520120000
Listed by Crawford Realty, LLC
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Schools
Schools serving 207 N 7th St
School District:Oregon Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061 | PK-6 | 0.5 mi |
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061 | 9-12 | 0.4 mi |
David L Rahn Junior High School 105 West Brayton Road, Mount Morris, IL 61054 | 7-8 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 207 N 7th St
Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$295,000
-1.63%
MLS
10/31/2025
Price Reduced
$299,900
-1.67%
MLS
10/28/2025
Price Reduced
$305,000
-3.17%
MLS
10/16/2025
Listed
$315,000
21.62%
MLS
1/16/2025
Sold
$259,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 207 N 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,723
11%
$66,938
11%
2023
$6,031
11%
$60,505
16%
2021
$5,447
-6%
$52,255
-7%
2022
$5,774
10%
$56,002
12%
2020
$5,272
1%
$49,938
—
2019
$5,219
5%
$49,690
4%
2018
$4,958
—
$47,551
—
2017
$4,938
5%
$47,551
4%
2016
$4,723
-3%
$45,885
-3%
2015
$4,855
12%
$47,500
7%
2014
$4,344
—
$44,378
-5%
2013
$4,363
—
$46,586
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 207 N 7th St
207 N 7th Street, Oregon, IL 61061 (MLS# 12495130) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 207 N 7th Street is currently listed for $295,000 and was received on October 16, 2025. Want to learn more about 207 N 7th Street? Do you have questions about finding other Multi-Family real estate for sale in Oregon? You can browse all Oregon real estate or contact a Coldwell Banker agent to request more information.

