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    $495,000

  • Active | MLS#: 30257258

101 S 1st St Oregon, IL 61061

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Listing provided courtesy of: RE/MAX of Rock Valley

Overview

PRIME DEVELOPMENT SITE! NEARLY 700’ FEET OF FRONTAGE ALONG THE ROCK RIVER IN HISTORIC, DOWNTOWN OREGON. THE PROPERTY CONSISTS OF 3 PARCELS TOTALING OVER 1.5 ACRES WITH A DAILY TRAFFIC COUNT OF 9300+ VEHICLES. THIS IS A RARE OPPORTUNITY TO OWN COMMERCIAL LOTS WITH BOTH EXCELLENT RIVER FRONTAGE & HIGH VISIBILITY FROM ILLINOIS ROUTE 64. CURRENTLY, THERE IS A RETAIL SPACE WITH ALMOST 5,000 SQ FEET ALONG WITH A 50 X 140 STORAGE FACILITY. THE LAND IS ZONED COMMERCIAL WITH ENDLESS DEVELOPMENT POSSIBILITIES. A SUPERIOR SITE FOR A RESTAURANT OR HOTEL TO NAME A FEW! THIS PROPERTY IS LOCATED IN THE TIF DISTRICT.

General Features

  • Type of Property Retail-Commercial
  • Property Subtype Free-Standing Building, Mixed Use
  • Lot Size 0.29 - 1.50 Acres
  • Number of Buildings 2
  • Sale Terms Cash to Seller
  • Tenancy Multiple Tenants
  • Use Type Vacant/Owner-User, Business
  • County Ogle
  • Nearest MSA Rochelle

Building Features

  • Square Footage - Rentable 4,900 SF
  • Broadband Internet Cable, DSL, Satellite
  • Building Condition Good
  • Number of Stories 1

Property Features

  • Rail Access No

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Price & Status History

Days on Market

  • This property has been listed on the market for 258 days

Location

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Community Demographics for Zip Code 61061 (Oregon)

Housing Occupancy
  • Home Owners: 2,094 (56%)
  • Renters: 519 (14%)
  • Vacant: 1,159 (31%)
  • Total Housing Units: 3,772
Households
  • Average Household Size: 2.27
  • Housing Density (People per square mile): 58
Age Range (number of people)
  • Age 0-14: 952
  • Age 15-24: 692
  • Age 25-39: 1,133
  • Age 40-59: 1,562
  • Age 60-79: 1,366
  • Age 80+: 407
  • Total: 6,112

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 61061 (Oregon)

Public Schools in Zip Code 61061 (Oregon)

* This list of schools may not match the property above.

OREGON HIGH SCHOOL 210 SOUTH 10TH ST OREGON, IL 61061 Phone: 8157326241 9th-12th
Grade Size Distribution
  • 9th: 158
  • 10th: 128
  • 11th: 130
  • 12th: 152
School Population
  • Teachers: 32
  • Students per Teacher: 17.8
  • Students: 568
  • Male/Female: 270/294
School District
  • OREGON CUSD 220
  • 206 SOUTH 10TH ST OREGON, IL 61061
  • Phone: 8157322186
District Population
  • Schools: 4
  • Full-Time Teachers: 104
  • Students per Teacher: 16.1
  • Staff: 121
  • Students: 1676
OREGON ELEM SCH - ETNYRE WING 1200 JEFFERSON ST OREGON, IL 61061 Phone: 8157322181 3rd-6th
Grade Size Distribution
  • 3rd: 87
  • 4th: 128
  • 5th: 127
  • 6th: 114
School Population
  • Teachers: 28
  • Students per Teacher: 16.3
  • Students: 456
  • Male/Female: 202/240
School District
  • OREGON CUSD 220
  • 206 SOUTH 10TH ST OREGON, IL 61061
  • Phone: 8157322186
District Population
  • Schools: 4
  • Full-Time Teachers: 104
  • Students per Teacher: 16.1
  • Staff: 121
  • Students: 1676
OREGON ELEM SCH - JEFFERSON WING 1100 JEFFERSON ST OREGON, IL 61061 Phone: 8157322911 PreK-2nd
Grade Size Distribution
  • PreK: 28
  • Knd: 123
  • 1st: 118
  • 2nd: 109
School Population
  • Teachers: 25
  • Students per Teacher: 15.1
  • Students: 378
  • Male/Female: 174/190
School District
  • OREGON CUSD 220
  • 206 SOUTH 10TH ST OREGON, IL 61061
  • Phone: 8157322186
District Population
  • Schools: 4
  • Full-Time Teachers: 104
  • Students per Teacher: 16.1
  • Staff: 121
  • Students: 1676

* School data provided by US Department of Education


The data relating to real estate for sale on this website comes in part from the the MLS of the Rockford Area Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. Listing information from this property search is provided exclusively 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.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional