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    The Largest CRE Database in the US with Over 1 Million Listings

    Rebecca Hazzard, Oregon, IL

    License ID: 471019445
    Years of Experience
    9
    Languages
    English
    Association
    Rockford Area Association Of Realtors

    Contact details

    Phone:
    (815) 509-8432
    Office Address:
    606 e washington st, Oregon, IL 61061

    Property Types

    • Land
    • Residential Multi Family

    Performance

    Listings
    21
    Total transactions
    505
    Total transactions amount
    $106M
    Price range
    $20k - 1.6M
    Average price
    $210k

    Listings

    For Sale (19)

    View map
    • New
      $125,000
      2.72 Acres

      Wooded Land with River Frontage

      2.72 acre wooded parcel with Rock River frontage.
      000 River Rd N, Oregon, IL 61061
      View Details
    • $33,000
      0.81 Acres

      Buildable Lot in Svoboda Woods

      0.81 acre buildable lot in peaceful, wooded Oregon, Illinois.
      404 Lillemor Ln, Oregon, IL 61061
      View Details
    • Contact for pricing
      0.84 Acres

      Buildable Lot in Svoboda Woods

      0.84 acre buildable lot in Svoboda Woods.
      405 Lillemor Ln, Oregon, IL 61061
      View Details
    • $37,000
      0.57 Acres

      Buildable Lot in Svoboda Woods

      0.57 acre buildable lot in a quiet cul-de-sac.
      410 Lillemor Ln, Oregon, IL 61061
      View Details
    • Contact for pricing
      0.60 Acres

      Buildable Lot in Svoboda Woods

      Large city lot suitable for building a dream home.
      400 Lillemor Ln, Oregon, IL 61061
      View Details
    • $50,000
      2.60 Acres

      Secluded 2.6 Acre Buildable Lot

      Private 2.6 acre buildable lot in Svoboda Woods.
      1000 Illinois St, Oregon, IL 61061
      View Details
    • Contact for pricing
      1.00 Acre

      Land in Deer Valley

      Land for sale in Deer Grove with golf course access.
      000 Deer Valley Dr, Deer Grove, IL 61243
      View Details
    • $35,000
      1.00 Acre

      Land in Deer Valley

      Land for sale in Deer Grove with golf course access.
      00 Deer Valley Dr, Deer Grove, IL 61243
      View Details
    • $37,000
      0.80 Acres

      Buildable Wooded Lot in Oregon

      0.80 acre wooded lot, ideal for building a dream home.
      990 Illinois St, Oregon, IL 61061
      View Details
    • $37,000
      0.65 Acres

      Buildable Lot with Hilltop Views

      0.65 acre buildable lot with mature wooded surroundings.
      980 Illinois St, Oregon, IL 61061
      View Details
    • $350,000
      35.00 Acres

      35 Acre Farm Retreat

      35 acre agricultural property with tillable ground and wooded acreage.
      000 35Acres Pne W, Oregon, IL 61061
      View Details
    • $39,000
      1.46 Acres

      Pecatonica Buildable Lot For Sale

      1.46-acre lot in Pecatonica School District, ready for construction.
      24xx Jackson St, Pecatonica, IL 61063
      View Details
    • New
      $189,000

      Updated 3-Unit Multifamily Investment

      Well-maintained 3-unit property near downtown Oregon with recent updates.
      213 N 4Th St, Oregon, IL 61061
      View Details
    • $449,000
      6,600 SF

      Prime Oregon Retail Space

      6,600 SF Retail Building, $449,000
      1107 Il Rt 64, Oregon, IL 61061
      View Details
    • $162,000
      1,600 SF

      Oregon Auto Shop - Route 64

      Profitable Car Wash, High Traffic
      500 Washington St, Oregon, IL 61061
      View Details
    • $325,000
      5,000 SF

      Rochelle Industrial Building with Storage

      Industrial building with climate-controlled space and secured outdoor storage.
      103 Quarry Rd, Rochelle, IL 61068
      View Details
    • $169,900
      1,800 SF

      Downtown Retail/Office Building Opportunity

      Versatile 1,800+ sq ft retail/office building in downtown Oregon, IL.
      502 Franklin St, Oregon, IL 61061
      View Details
    • $195,000
      6,500 SF

      Versatile Commercial Building with Apartment

      5,000 sq ft commercial building with updated apartment.
      110 E Dixon St, Polo, IL 61064
      View Details
    • $139,900
      1,251 SF

      Renovated Storefront Near Downtown

      Newly renovated 1,250+ sq ft commercial storefront for sale.
      508 E 3Rd St, Sterling, IL 61081
      View Details

    For Lease (2)

    View map
    • Contact for pricing
      7,000 SF

      Sterling Retail Space For Rent

      7000 sq ft retail space in Pine Tree complex.
      4311 E Lincolnway, Sterling, IL 61081
      View Details
    • Contact for pricing
      10,000 SF

      Retail and Office Space Available

      Multiple units available for rent near downtown Sterling, Illinois.
      2317 East Lincolnway, Sterling, IL 61081
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    Rebecca Hazzard, Oregon, IL
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Rebecca Hazzard, Oregon, IL
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