400 N 4th St

$415,000
Price
6
Beds
6
Baths
4,054 Sq. Ft.
$102 / Sq. Ft.
4,054
Sq. Ft.
$102
per Sq. Ft.

Description

Steady cash flow- monthly rent income $ 4045 EST Yr Income $ 46,500 This classic and historic 6-unit apartment building is very well maintained. Each unit offers its own charm, with original lamps, wall mounted shelving, Harwood floors and tall ceilings, a place where people want to lease and stay. The building sits on a double corner lot. Newer roof 2024- new windows- hardwood floor in some units and separate utilities in the basement, with additional storage for each tenant. buyer to verify each...Steady cash flow- monthly rent income $ 4045 EST Yr Income $ 46,500 This classic and historic 6-unit apartment building is very well maintained. Each unit offers its own charm, with original lamps, wall mounted shelving, Harwood floors and tall ceilings, a place where people want to lease and stay. The building sits on a double corner lot. Newer roof 2024- new windows- hardwood floor in some units and separate utilities in the basement, with additional storage for each tenant. buyer to verify each unit dimentions SQ. values provided are aprox sq ft
  1. Listed by Saul F Serna • Investors Helping Investors
    P: (815)-836-9703 C: (305)-906-2247 Saul.s@businessforlife.biz
  2. Listed by Yolanda Rodriguez • Investors Helping Investors
    P: (815)-836-9703 C: (815)-372-7976 Yolanda.r@ihi.llc

Property Details for 400 North 4th Street

Style
2 Story
Total # of Parking Spaces
6
LISTING UPDATED: 09/30/2025 12:42 PM

Property Details for 400 North 4th Street

StatusActive And Available
MLS #202506045
Days on Market84
Taxes$6,572 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 5+ Units
Year Built1887
Lot Size-
CountyOgle County

Location

Listing Courtesy of Investors Helping Investors
Add your commute

Building Information for 400 North 4th Street

Stories2Residences6Year Built1887Building Size-Lot Size-

Payment Calculator

$2,598 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,051

Property Taxes

$548

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 400 North 4th Street

Summary
Location and General Information
  • Grid: O5
  • City: OREGON
  • State: IL
  • Zip: 61061
  • Address: 400 N 4 Street
  • County: Ogle County
  • Zip Code: 61061
  • Year Built: 1887
  • School District: Oregon 220
  • Elementary School 1: Oregon Elementary
  • Middle School: Oregon
  • High School: Oregon High
  • Township: OC16-Oregon/Nashua
Taxes and HOA
  • Tax Year: 2024
  • Taxes: $6,572
Virtual Tour
Property
Lot Information
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 4054
  • Est Above Grade SqFt: 4054
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 5+ Units
  • Status: ACTIVE and AVAILABLE
  • PIN: 1603113011
  • HUD: No
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: Yes
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Siding
  • General Features: Balcony, Storage Area
  • Roof: Shingle
Interior Features
  • Water Heater: Gas
  • Heating: Forced Air
  • Cooling: Window Unit
  • Appl Stay/Incl: Refrigerator, Stove/Cooktop, Oven
  • Basement Y/N: Yes
  • Separate Heat Y/N: Yes
  • Washer/Dryer CoinOp Y/N: No
  • Washer/Dryer Hookup Y/N: Yes
  • Washer/Dryer Y/N: No
Multi Family
Income and Expenses
  • Insurance/YR: $3,141
  • Maintenance/YR: $1,495
  • Management/YR: $2,500
  • Utilities/YR: $3,400
  • Legal/Account/YR: 450
  • Other/YR: 165
Multi Family Information
  • Number of Floors in Bldg: 2
  • Number of Tenants in Bldg: 6
  • Number of Units: 6
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: n
  • Unit 1 # Beds: 1
  • Unit 1 AC: n
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 1
  • Unit 1 # Baths: 1
  • Unit 1 Heat: y
  • Unit 1 SqFt: 500
  • Unit 1 Lease/Deposit: 650
  • Unit 1 Rent: 670
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 1
  • Unit 2 # Beds: 1
  • Unit 2 AC: n
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 1
  • Unit 2 # Baths: 1
  • Unit 2 Heat: y
  • Unit 2 SqFt: 550
  • Unit 2 Lease/Deposit: 600
  • Unit 2 Rent: 675
Unit 3
  • Unit 3 Range: Yes
  • Unit 3 Garage Capacity: n
  • Unit 3 # Beds: 1
  • Unit 3 AC: n
  • Unit 3 Refrigerator: Yes
  • Unit 3 # Rooms: 1
  • Unit 3 # Baths: 1
  • Unit 3 Heat: y
  • Unit 3 SqFt: 550
  • Unit 3 Lease/Deposit: 675
  • Unit 3 Rent: 675
Unit 4
  • Unit 4 Range: Yes
  • Unit 4 Garage Capacity: n
  • Unit 4 # Beds: 1
  • Unit 4 AC: n
  • Unit 4 Refrigerator: Yes
  • Unit 4 # Rooms: 1
  • Unit 4 # Baths: 1
  • Unit 4 Heat: y
  • Unit 4 SqFt: 550
  • Unit 4 Lease/Deposit: 395
  • Unit 4 Rent: 650
Unit 5
  • Unit 5 Range: Yes
  • Unit 5 Garage Capacity: n
  • Unit 5 # Beds: 1
  • Unit 5 AC: n
  • Unit 5 Refrigerator: Yes
  • Unit 5 # Rooms: 1
  • Unit 5 # Baths: 1
  • Unit 5 Heat: y
  • Unit 5 SqFt: 550
  • Unit 5 Lease/Deposit: 675
  • Unit 5 Rent: 700
Unit 6
  • Unit 6 Range: Yes
  • Unit 6 Garage Capacity: n
  • Unit 6 # Beds: 1
  • Unit 6 AC: n
  • Unit 6 Refrigerator: Yes
  • Unit 6 # Rooms: 1
  • Unit 6 # Baths: 1
  • Unit 6 Heat: y
  • Unit 6 SqFt: 600
  • Unit 6 Lease/Deposit: 675
  • Unit 6 Rent: 700
Rental
Rent Information
  • Lease: No

Property History for 400 North 4th Street

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202506045

$415,000
Jul 13, 2023

Sold (Public Record)

Public Record #1517634231

$150,000

+2.4% / yr

Sep 4, 2020

Sold (Public Record)

Public Record #677349054

$140,000
Dec 31, 2019

Expired

NorthWest Illinois Alliance of REALTORS® #201701361

$139,900
Dec 31, 2019

Expired

MRED #10337776

$139,900
Oct 7, 2019

Listed (Active)

MRED #10337776

$149,900
Mar 15, 2017

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201701361

$174,900
Feb 4, 2017

Expired

NorthWest Illinois Alliance of REALTORS® #201602791

$174,900
Feb 4, 2017

Expired

MRED #09225476

$174,900
Nov 8, 2016

Listed (Active)

MRED #09225476

$174,900
May 12, 2016

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201602791

$174,900
Mar 24, 2016

Expired

NorthWest Illinois Alliance of REALTORS® #201401465

$179,900
Mar 24, 2016

Expired

MRED #08738820

$179,900
Sep 26, 2014

Listed (Active)

MRED #08738820

$199,000
Mar 23, 2014

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201401465

$199,000
Aug 25, 2013

Expired

MRED #08147239

$199,000
Aug 25, 2012

Listed (Active)

MRED #08147239

$229,000
May 29, 2012

Expired

MRED #07904319

$219,000
Sep 15, 2011

Listed (Active)

MRED #07904319

$249,000
DateEvent & SourcePrice
09/29/2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202506045

$415,000
07/13/2023

Sold (Public Record)

Public Record #1517634231

$150,000

+2.4% / yr

09/04/2020

Sold (Public Record)

Public Record #677349054

$140,000
12/31/2019

Expired

NorthWest Illinois Alliance of REALTORS® #201701361

$139,900
12/31/2019

Expired

MRED #10337776

$139,900
10/07/2019

Listed (Active)

MRED #10337776

$149,900
03/15/2017

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201701361

$174,900
02/04/2017

Expired

NorthWest Illinois Alliance of REALTORS® #201602791

$174,900
02/04/2017

Expired

MRED #09225476

$174,900
11/08/2016

Listed (Active)

MRED #09225476

$174,900
05/12/2016

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201602791

$174,900
03/24/2016

Expired

NorthWest Illinois Alliance of REALTORS® #201401465

$179,900
03/24/2016

Expired

MRED #08738820

$179,900
09/26/2014

Listed (Active)

MRED #08738820

$199,000
03/23/2014

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201401465

$199,000
08/25/2013

Expired

MRED #08147239

$199,000
08/25/2012

Listed (Active)

MRED #08147239

$229,000
05/29/2012

Expired

MRED #07904319

$219,000
09/15/2011

Listed (Active)

MRED #07904319

$249,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 400 North 4th Street

Taxable ValueLand$10,477Additions$54,953Total$65,430
Tax Record2024$6,572 ($548 / month)
Home Facts
Total Finished SqFt4,054 SqFtAbove Grade Finished SqFt4,054 SqFtStories2Lot Size17,424 SqFtStyleMulti-Family Res (5+ Units)Year Built1887CountyOGLEAPN16-03-113-011

Schools near 400 North 4th Street

This home is within Oregon Community Unit School District 220.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Oregon Elementary School
PublicPK to 6

Oregon High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

400 North 4th Street is a multi-family home for sale in Oregon, IL 61061. This property was listed for sale on September 30, 2025 by Investors Helping Investors, it's currently listed at $415,000. It has been on the market for a total of 84 days and was last sold on July 13, 2023. This listing's school district is Oregon Community Unit School District 220. Nearby schools include Oregon Elementary School, Oregon High School and Rock River Challenge. 400 North 4th Street is a 6-bed, 6-bath, 4,054 sqft multi-family home built in 1887.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Investors Helping Investors

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/30/2025 12:42 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.