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    213 N 4Th St Oregon, IL 61061

    For Sale
    $189,000

    3 - 4 Units - OREGON, IL

    Days on Market:
    17
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 213 N 4Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    1603155001
    Patio and Porch features
    Patio, Deck
    Exterior features
    Deck, Patio
    Appliances
    Cooktop, Refrigerator

    Utilities

    Heating system
    Baseboard, Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Roof type
    Shingle
    Architectural style
    Other

    REMAX OF ROCK VALLEY (815) 732-9100 [email protected]

    Listing agent Rebecca Hazzard (815) 732-9100 License #471019445

    Listing date Nov 19, 2025

    MLS# 202506097 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated 3-Unit Multifamily Investment

    This well-maintained 3-unit multifamily property is located near downtown Oregon, Illinois, presenting an investment opportunity. The property features a spacious 3-bedroom, 2-bathroom apartment that was updated in 2023 with modern finishes and generous living space. Additionally, there is a one-bedroom unit on the main floor and a studio apartment upstairs, both suitable for rental income. The property has a new roof installed in 2024 and new windows throughout. Tenants benefit from off-street parking and outdoor space. The units have separate utilities, with the exception of the water bill, which is paid by the landlord. This property is positioned as an addition to an existing portfolio or an entry into multi-family ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Ogle
    State
    Illinois
    Longitude
    -89.3322
    Latitude
    42.017056

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    FAQs

    What type of property is this?
    Triplex - Well-maintained 3-unit property near downtown Oregon with recent updates.
    Where is this triplex located?
    The property is located at 213 N 4Th St Oregon, IL.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: - Prime location near downtown Oregon offering convenient access to amenities and attractions.; - Excellent cash flow potential from three rental units: a spacious 3-bedroom, 2-bathroom unit, a one-bedroom unit, and a studio apartment.; - Recently updated main unit (2023) with modern finishes and generous living space.
    (815) 732-9100
    Request Owner's contact information
    213 N 4Th St Oregon, IL 61061
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    Oregon, IL 61061
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    213 N 4Th St Oregon, IL 61061
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