502 Franklin St Oregon, IL 61061-1438

This exceptional 1,800 square foot mixed-use building presents a remarkable opportunity in the heart of Oregon, IL. Situated on a coveted downtown lot, this single-story property boasts a flexible layout ideal for a variety of uses. The interior features three separate entrances, allowing for distinct spaces. Two stunning rooms showcase original hardwood floors (measuring 24.1' x 21.2' and 16.6' x 12.6'), while two additional spacious rooms (21.2' x 13.3' and 17.1' x 13.3') and two smaller rooms (each 12' x 8.3') offer versatility. A partially finished attic provides significant expansion potential. The property includes two bathrooms, one of which is ADA-compliant. Architectural details include custom-built ceiling beams and barn doors on storage closets, complemented by a handcrafted front door. Recent upgrades enhance its appeal: a new roof (2023), updated electrical (2021), five mini-split electric heat and air units, and three newer windows. Its location within the TIF District offers additional advantages. The property's zoning allows for potential re-zoning to residential, opening up possibilities for a unique live/work space or a charming downtown home. This is a rare chance to acquire a property with immense potential, blending historic charm with modern conveniences.