709 Franklin Street, Oregon, IL 61061 - Photo 1

1/1

$720,000

Sold
Closed
Multi-Family

1/1

Property Description

90 Days to close. All measurements are estimated and should be confirmed by buyer. Listing office license #478.026891. Earnest money payable to Kenzley Title at 119 S 4th St Oregon IL 61061 or or online at http://www.kenzleytitlegroup.com then Kenzley EPay. Schedule all showings, appraisals, inspections, re-inspections and walk through online or call the office at 815-732-9100. Rents: #7 $750, #8 $700, #9 $700, #10 $625, #11 $700. Rare investment opportunity in the heart of Oregon! This exceptional offering includes a fully occupied 11-unit apartment building with off-street parking and excellent rental history, plus a stunning all-brick historic two-story home-originally the Oregon Bible College. The spacious brick residence features 5 bedrooms and a beautiful gourmet kitchen, blending historic charm with modern functionality. Situated on a prominent corner lot close to downtown shopping and Oregon schools, this unique property offers both immediate income and long-term value. A truly one-of-a-kind investment in the scenic, charming community of Oregon.

Full Property Details

Full Property Details for 709 Franklin St

General

Sold For: $720,000
Taxes: $21,878 (2024)
Status: Closed
Type: Multi-Family
Source: 2606
MLS ID: 202600285
Added to Site: 126 day(s) ago

Interior

Appliances: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer

Parking

Total Spaces: 11

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: Central Air
Heating Type: Forced Air, Natural Gas
Water Heater: Gas

Utilities

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

Structural Information

Architectural Style: 3+ Story
Exterior Const.: Brick/Stone, Concrete Block
Basement: Yes
Basement Desc.: Full
Roof: Shingle
Square Feet: 11,922

Unit Information

Unit 1

Total Bathrooms: 1
Bedrooms: 2

Unit 2

Total Bathrooms: 1
Bedrooms: 2

Unit 3

Total Bathrooms: 1
Bedrooms: 2

Unit 4

Total Bathrooms: 1
Bedrooms: 2

Unit 5

Total Bathrooms: 1
Bedrooms: 2

Unit 6

Total Bathrooms: 1
Bedrooms: 2

Lot Features

Zoning: Multifamiley

Financial Considerations

Price Per Sq. Ft.: $60.39
For Sale/Rent/Lease: For Sale
Expenses: $2,303
Tax Amount: $21,878
Tax Year: 2024

Disclosures and Reports

Legal Description: Per Title

Listed and Sold by Re/Max of Rock Valley

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Listing agent

— 709 Franklin St —

Re/Max of Rock Valley

Phone: 815-985-6235

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Schools

Schools serving 709 Franklin St

School District:Oregon Community Unit School District 220

Name	Grades	Distance
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061	PK-6	0.4 mi
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061	9-12	0.3 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 709 Franklin St

Date

Details

Price

Change

Source

5/06/2026

Sold

$720,000

-8.86%

MLS

1/16/2026

Listed

$790,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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709 Franklin St, Oregon, IL 61061 - Photo 1

Sold

$790,000