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$325,000
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Property Description
Discover a rare opportunity to own 66 feet of Rock River frontage in Oregon's sought after River District. Zoned commercial, this property offers truly endless potential whether you envision a full time residence, waterfront business, Airbnb, or a combination of both. Previously operated as a successful short term rental, it now serves as a comfortable year round home with 2 bedrooms and 2 bathrooms. Enjoy stunning river views from the wall of windows spanning the entire back of the home, along with an enclosed wrap around porch perfect for relaxing, entertaining, or taking in the ever changing scenery. Step outside to your private boat dock, complete with an engineered hoist and pulley system that raises and lowers at the push of a button, no removing docks for winter needed! A standout feature is the large heated outbuilding, equipped with upgraded electrical, an industrial crane, half bathroom, and ample space for storage, hobbies, or future commercial use. Located a short walk from downtown Oregon, this waterfront property blends convenience, versatility, and unmatched riverfront living. Let your imagination run, the possibilities here are truly limitless!
Full Property Details
Full Property Details for 207 S 1st St
General
- Price: $325,000
- Taxes: $9,490 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12531537
- Updated: 12/17/2025
- Added to Site: 36 day(s) ago
Interior
- Basement: Crawl Spac
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Water Softener
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service
Exterior
- Exterior Features: Dock
Parking
- Garage: Yes
- Garage Spaces: 6
- Total Spaces: 6
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Oregon
- County: Ogle
- Township: Nashua
- Driving Directions: 4th Street into Oregon, East on Washington, right onto 1st St
School Information
- School District: 220
- Elem School District: 220
- Midd School District: 220
- High School District: 220
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Electric, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,600
- Sq. Ft. Source: Estimated
- Year Built: 2004
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.26
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 70 x 70 x 190 x 172
Water Features
- Water Front: Yes
- Water Front Desc.: River Front
- Water Front View: Back of Property
Financial Considerations
- Parking Included: Yes
- Assessment Year: 2004
- Tax Amount: $9,490
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16031830050000
Listed by RE/MAX of Rock Valley
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Schools
Schools serving 207 S 1st St
School District:Oregon Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061 | PK-6 | 0.8 mi |
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061 | 9-12 | 0.7 mi |
David L Rahn Junior High School 105 West Brayton Road, Mount Morris, IL 61054 | 7-8 | 5.9 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 S 1st St
Date
Details
Price
Change
Source
12/11/2025
Listed
$325,000
36.84%
MLS
4/11/2022
Sold
$237,500
—
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 S 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,491
12%
$94,489
11%
2023
$8,465
30%
$84,928
16%
2021
$6,500
-20%
$73,349
-7%
2022
$8,105
30%
$78,608
12%
2020
$6,239
1%
$70,097
—
2019
$6,171
6%
$69,749
5%
2018
$5,813
—
$66,745
—
2017
$5,789
5%
$66,745
4%
2016
$5,497
-3%
$64,407
-3%
2015
$5,690
4%
$66,674
—
2014
$5,449
-1%
$66,674
-5%
2013
$5,525
—
$69,992
—
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 S 1st St
207 S 1st Street, Oregon, IL 61061 (MLS# 12531537) is a Single Family property with 2 bedrooms and 2 full bathrooms. 207 S 1st Street is currently listed for $325,000 and was received on December 11, 2025. Want to learn more about 207 S 1st Street? Do you have questions about finding other Single Family real estate for sale in Oregon? You can browse all Oregon real estate or contact a Coldwell Banker agent to request more information.

