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$390,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 20 hours ago
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Office license 477012643. Buyer to verify each unit dimentions SQ. values provided are aprox sq ft . Has been fully rented for some time and unit 6 is left vacant for showings. Rest of units can be seen after accepted contract during the inspeciton/attorney review. 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!

Full Property Details for 400 N 4th St

General

  • Price: $390,000
  • Taxes: $6,572 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: 2606
  • MLS ID: 202600749
  • Updated: 2/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Refrigerator, Stove/Cooktop

Parking

  • Total Spaces: 6

Location

  • Area: Ogle County
  • County: Ogle
  • Subdivision: IL

School Information

  • School District: Oregon 220
  • Elementary School: Oregon Elementary
  • Middle School: Oregon
  • High School: Oregon High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: City
  • Water: City
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: 2 Story
  • Exterior Const.: Siding
  • Basement: Yes
  • Roof: Shingle
  • Square Feet: 4,054
  • Year Built: 1887

Unit Information

Unit 1

  • Square Feet: 500
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Square Feet: 650
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Square Feet: 550
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Square Feet: 550
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Financial Considerations

  • Price Per Sq. Ft.: $96.2
  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $6,572
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: lots 7 & 8 Blk 62 B T Phelps's Add city Of Oregon
  • Flood plain: Yes

Listed by Century 21 Affiliated

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— 400 N 4th St —

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Cell: 815-262-3919

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 400 N 4th St

School District:Oregon Community Unit School District 220
NameGradesDistance
Oregon Elementary School
1150 Jefferson Street, Oregon, IL 61061
PK-60.7 mi
Oregon High School, Oregon, IL
210 South 10th Street, Oregon, IL 61061
9-120.6 mi
David L Rahn Junior High School
105 West Brayton Road, Mount Morris, IL 61054
7-85.5 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 400 N 4th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Listed
$390,000
178.57%
MLS
9/04/2020
Sold
$140,000
—
Public Record
Get Price Alerts and Save Property
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 for 400 N 4th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,572
8%
$65,430
7%
2023
$6,073
4%
$60,927
8%
2022
$5,815
6%
$56,393
7%
2021
$5,485
-1%
$52,620
—
2020
$5,533
1%
$52,408
1%
2019
$5,477
5%
$52,147
5%
2018
$5,203
—
$49,901
—
2017
$5,182
5%
$49,901
4%
2016
$4,956
-3%
$48,153
-3%
2015
$5,095
4%
$49,847
—
2014
$4,879
—
$49,847
-5%
2013
$4,900
—
$52,327
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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400 N 4th Street, Oregon, IL 61061 (MLS# 202600749) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 400 N 4th Street is currently listed for $390,000 and was received on February 13, 2026. Want to learn more about 400 N 4th 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.

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