101 S 1st (1.5+AC) Street $225,000

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    101 S 1st (1.5+AC) Street OREGON, IL 61061

    • 1.50 Acres
    • Land
    MLS# 201801516 | ACTIVE and AVAILABLE

    $225,000

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    Days On Market: 535 93 Views
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    Property Details

    PRIME DEVELOPMENT SITE! FRONTAGE ALONG THE ROCK RIVER IN HISTORIC, DOWNTOWN OREGON. DAILY TRAFFIC COUNT OF 9300+ VEHICLES. THIS IS A RARE OPPORTUNITY TO OWN COMMERCIAL LOT WITH BOTH EXCELLENT RIVER FRONTAGE & HIGH VISIBILITY FROM ILLINOIS ROUTE 64. CURRENTLY, THERE IS A RETAIL SPACE WITH ALMOST 5,000 SQ FEET. ADDITIONAL 50 X 140 STORAGE FACILITY CAN BE PURCHASED FOR $130,000. AN ADDITIONAL .64 ACRE LOT FOR $70,000. A SUPERIOR SITE FOR A RESTAURANT OR HOTEL TO NAME A FEW! THIS PROPERTY IS LOCATED IN THE TIF DISTRICT.

    • General Features
      • HOA Fee 0
      • Rent to Own No
      • County Ogle County
      • Short Sale No
      • Located in Flood Plain Yes
      • Tax Year 2018
      • Taxes 2575.44
    • Property Features
      • Water City/Community
      • General Features None
      • Land Features Water Front Lot, Water View Lot
      • Lot Acreage 1.5
      • Sewer City/Community
      • Buildable Lot Yes
      • Rear 667
    • Schools
      • Elementary School Oregon Elementary
      • School District Oregon 220
      • High School Oregon High
      • Middle School David L Rahn Jr High

    Contact

    Rebecca Hazzard

    Broker/Owner

    RE/MAX of Rock Valley

    Cell: 815-509-8432

    Neighborhood

    61061 (OREGON) Demographics

    51Median Age
    61Population Density (per sq. mile)
    28%College Educated
    $54,830 Estimated Median Income
    2,129Estimated Total Home Owners
    886Estimated Total Renters
    71% / 29%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    6,347Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $146,000 Median Sales Price
    13 Homes Sold
    19 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $225,000
        7/24/2019 4:03:28 PM Price Reduced Source New Value: $225,000 -35.53%
        5/10/2019 2:03:26 PM Price Reduced Source New Value: $349,000 -12.53%
        4/3/2018 12:04:00 PM New in Database Source New Value: $399,000

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        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.