Date
Details
Price
Change
Source
1/19/2026
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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1/85
$790,000 Just Listed
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1/85
Property Description
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
- Price: $790,000
- Taxes: $21,878 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12550301
- Updated: Today (1/19/2026)
- Added to Site: Today
Location
- Area: Oregon
- County: Ogle
- Township: Nashua
- Driving Directions: RT 64 to 7th Street North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 2274
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Roof: Composition
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
Unit Information
- Units w/Refrigerators: 11
- Units w/Range/Oven: 11
Lot Features
- Lot Size (Acres): 1
- Lot Dimensions: 225 x 203 x 171 x 198
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $4,070
- Operating Expenses: $10,081
- Tax Amount: $21,878.3
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
- Pays Electric: 2303
- Pays Trash: 2274
Disclosures and Reports
- Property ID: 16031560010000
Listed by RE/MAX of Rock Valley
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Listing agent
— 709 Franklin St —
RE/MAX of Rock Valley
NMLS#: 1598647
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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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 709 Franklin St
Tax History
Tax History for 709 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,674
12%
$136,133
11%
2023
$12,195
11%
$122,348
16%
2021
$11,015
-6%
$105,667
-7%
2022
$11,676
10%
$113,243
12%
2020
$10,661
1%
$100,981
—
2019
$10,554
5%
$100,479
5%
2018
$10,026
—
$96,152
—
2017
$9,984
5%
$96,152
4%
2016
$9,550
-3%
$92,784
-3%
2015
$9,817
4%
$96,049
—
2014
$9,401
—
$96,049
-5%
2013
$9,443
—
$100,829
—
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 709 Franklin St
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- Single Family
- Active
- Updated 18 hours ago
- 2Beds
- 2Total Baths
- 1,300Sq. Ft.
- Single Family
- Active
- Updated 54 minutes ago
- 4Beds
- 2Total Baths
- 1,556Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,440Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 2,000Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,228Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,943Sq. Ft.
Listed by Britny Duffy (815) 491-2215
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- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,176Sq. Ft.
709 Franklin Street, Oregon, IL 61061 (MLS# 12550301) is a Commercial property. 709 Franklin Street is currently listed for $790,000 and was received on January 19, 2026. Want to learn more about 709 Franklin Street? Do you have questions about finding other Commercial real estate for sale in Oregon? You can browse all Oregon real estate or contact a Coldwell Banker agent to request more information.