Classic 6-Unit Apartment
400 N 4th Street, Oregon, IL 61061
For Sale
Contact for pricing
Fully rented, historic 6-unit apartment building with steady cash flow.
Property Size4,054 SF
Price / SF$96.20
Days on Market269
Property Features for 400 N 4th Street
General Information
Standard status
Size
Property subtype
Listing Agency:
CENTURY 21 Affiliated
Listed By:
Carlos Serna
(815) 262-3919
Source:
Crexi
Added: Feb 14
Changed: Oct 26
Last Checked: Nov 8 at 8:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Affiliated
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a fully rented, well-maintained, historic 6-unit apartment building. Each unit offers its own charm, with original lamps, wall-mounted shelving, and hardwood floors. The building is situated on a double corner lot. A new roof was installed in 2024, and new windows have been added. Some units feature hardwood floors. Separate utilities are located in the basement, along with additional storage for each tenant. The property generates a steady cash flow, with a monthly rent income of $4,045 and an estimated yearly income of $46,500. The property size is 4,054 square feet.
Key Highlights
- Fully rented 6‑unit apartment building providing steady cash flow.
- New roof (2024) and new windows.
- Separate utilities for each unit.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Explore this area
Business Placement
Demographics for 61061, IL
6,865
Population
3,445
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
92%
High-School Grad
105.4 sq mi
ZIP Area
65
Density / Sq Mi
$86,663
Median Household Income
$57,571
Median Earnings
$814
Median Rent
$202,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully rented, historic 6-unit apartment building with steady cash flow.
Where is this apartment building located?
The property is located at 400 N 4th Street Oregon, IL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Fully rented 6‑unit apartment building providing steady cash flow.; New roof (2024) and new windows.; Separate utilities for each unit.
