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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013

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400 4th Street
Oregon, IL 61061
502 Franklin Street
Oregon, IL 61061
Ogle, US
$169,900.00
$159,900.00 listing calculator
Status: Active (For Sale)
Type: Commercial
Subtype: Mixed Use
Year Built: 1920
MLS ID: 12414744


Overview
Photos (34)
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Become a staple in the community by owning this transitional property that has so many possibilities for your business. Come in and explore the endless space and envision your becoming a thriving reality. Walking through the front door and step onto the original hardwood floors, ample sunlight covering two separate rooms. Room 1 (24.1' x 21.2') Room 2 (16.6' x 12.6'). From there go into two additional rooms that can be divided in many ways. Room 1 (21.2' x 13.3') Room 2 (17.1 x 13.3'). There are additional smaller rooms that are both (12 x8.3') that can be used as additional storage or office. This space has many features that add tons of value that many commercial spaces lack. Two bathrooms and one bathroom is ADA Compliant. Walk upstairs into a secluded space that could be converted into a quiet meeting space. New roof in 2023, updated electrical 2021, five mini-split electric heat and air units, three newer windows. With the growing need for Airbnb's the possibilities are endless, and the layout is perfect to be converted into a residential space. If that isn't enough this property is nestled in the TIF district, which has the possibility to enhance the new owner's ability to start their dream business.

Courtesy Of: Re/Max of Rock Valley


Feature Highlights


  • Built Before 1978

General Features


List Date:
07/09/2025

Exterior Features and Amenities


Lot Size Dimensions:
46X66

Financial


Days On Market:
169
Tax Annual Amount:
$2,874.82
Tax Year:
2024


Directions


Washington to 5th to Franklin

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-03-13
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Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
Illinois License 478101578
Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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