502 Franklin StOregon, IL 61061

For Sale
$179,900

1800 sq ft, prime location, endless potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 1,800 square foot mixed-use building presents a remarkable opportunity in the heart of Oregon, IL. Situated on a coveted downtown lot, this single-story property boasts a flexible layout ideal for a variety of uses. The interior features three separate entrances, allowing for distinct spaces. Two stunning rooms showcase original hardwood floors (measuring 24.1' x 21.2' and 16.6' x 12.6'), while two additional spacious rooms (21.2' x 13.3' and 17.1' x 13.3') and two smaller rooms (each 12' x 8.3') offer versatility. A partially finished attic provides significant expansion potential. The property includes two bathrooms, one of which is ADA-compliant. Architectural details include custom-built ceiling beams and barn doors on storage closets, complemented by a handcrafted front door. Recent upgrades enhance its appeal: a new roof (2023), updated electrical (2021), five mini-split electric heat and air units, and three newer windows. Its location within the TIF District offers additional advantages. The property's zoning allows for potential re-zoning to residential, opening up possibilities for a unique live/work space or a charming downtown home. This is a rare chance to acquire a property with immense potential, blending historic charm with modern conveniences.

Property Details for 502 Franklin St

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
1,800 SF
Year Built
1920

Location Insight

City
Oregon
County
Ogle
State
Illinois
Latitude
42.01615
Longitude
-89.33429
502 Franklin St, Oregon, Illinois

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502 Franklin St
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