1107 Il Rt 64 Oregon, IL 61061
- Retail properties
- 6,600 SF
- 1.35 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1107 Il Rt 64
- Year built
- 2004
- Lot size
- 1.35 lot acres
- Property size
- 6,600 SF
- Property type
- Retail properties
Description
This exceptional 6,600 square foot retail property, situated on a 1.347-acre lot in Oregon, Illinois, presents a compelling investment opportunity. Built in 2004, the single-story building boasts a new roof with 50-year shingles and recently refreshed exterior paint. The interior features fresh neutral paint and epoxy-coated flooring throughout the spacious main floor, which includes a convenient his-and-hers bathroom. A finished loft area, previously used as office space, adds versatility. A partial basement with a half-bathroom and egress windows provides additional storage or expansion potential. Ample parking is available in the large parking lot, with extra land offering room for building expansion or further parking. The property currently utilizes a well and septic system, although city water and sewer are readily accessible at the lot line. Located on Route 64, just east of downtown Oregon, this property benefits from a prime location with high visibility. The electrical service is 101-200 amps. The total lot size is 58,713 square feet. This versatile space is ideal for a variety of retail uses and offers significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oregon
- County
- Ogle
- State
- Illinois
- Longitude
- -89.315
- Latitude
- 42.0138
