709 Franklin St

Oregon, IL 61061

$790,000
Price
12
Beds
6
Baths
11,922 Sq. Ft.
$66 / Sq. Ft.
11,922
Sq. Ft.
$66
per Sq. Ft.
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Pending Show
Pending Show
a front view of a house with garden
a living room with furniture and a flat screen tv
a living room with furniture and a large window
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a view of a dining room with furniture and chandelier
a bathroom with a sink toilet and shower
a bedroom with a bed and a flat tv screen
a view of a workspace with furniture
a living room with furniture and a flat screen tv
a bathroom with a sink and a mirror
a bathroom with a sink a toilet a mirror and shower curtain
a living room with furniture and a wooden floor
a living room with furniture and a flat screen tv
a bedroom with a bed and wooden floor
a bedroom with a bed a flat screen tv and a chandelier
a utility room with a window dryer and washer
a kitchen with stainless steel appliances granite countertop a stove and a sink
a view of entryway with a workspace
a living room with furniture and kitchen view
a workspace with a wooden floor and a workspace
a kitchen with granite countertop cabinets and white appliances
a bathroom with a sink toilet and shower
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a window
a bedroom with furniture and a window
a view of a dining room with furniture and wooden floor
a kitchen with sink and cabinets
a view of a hallway with wooden floor and staircase
a view of a balcony with furniture and wooden floor
a view of entryway and hall with wooden floor
a utility room with washer and dryer
a kitchen with lots of counter top space
a bathroom with a granite countertop sink a toilet and shower
a view of staircase with lots of frames on wall and wooden floor
a view of a room with gym equipment
a view of a storage room with utility area
a car parked on the side of the road
a view of a house with a yard
an aerial view of a city with lots of residential buildings
a picture of city view

Description

Rare investment opportunity in the heart of Oregon! This exceptional offering includes a fully occupied 11-unit apartment building with off-street parking and excellent rental history, plus a stunning all-brick historic two-story home—originally the Oregon Bible College. The spacious brick residence features 5 bedrooms and a beautiful gourmet kitchen, blending historic charm with modern functionality. Situated on a prominent corner lot close to downtown shopping and Oregon schools, this unique property...Rare investment opportunity in the heart of Oregon! This exceptional offering includes a fully occupied 11-unit apartment building with off-street parking and excellent rental history, plus a stunning all-brick historic two-story home—originally the Oregon Bible College. The spacious brick residence features 5 bedrooms and a beautiful gourmet kitchen, blending historic charm with modern functionality. Situated on a prominent corner lot close to downtown shopping and Oregon schools, this unique property offers both immediate income and long-term value. A truly one-of-a-kind investment in the scenic, charming community of Oregon.
  1. Listed by Carla K Benesh • Re/Max of Rock Valley
    P: (815)-985-6235 carla@carlabenesh.com

Property Details for 709 Franklin Street

Style
3+ Story
Total # of Parking Spaces
11
LISTING UPDATED: 02/10/2026 09:47 AM

Property Details for 709 Franklin Street

StatusPending Show
MLS #202600285
Days on Market22
Taxes$21,878 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / 5+ Units
Year Built-
Lot Size-
CountyOgle County
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Location

Listing Courtesy of Re/Max of Rock Valley
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Building Information for 709 Franklin Street

Stories3Residences11Year Built-Building Size-Lot Size-

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$5,801 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,978

Property Taxes

$1,823

HOA Dues

$0

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Property Information for 709 Franklin Street

Summary
Location and General Information
  • City: OREGON
  • State: IL
  • Zip: 61061
  • Address: 709 Franklin Street
  • County: Ogle County
  • Zip Code: 61061
  • Year Built: 0
  • School District: Oregon 220
  • Elementary School 1: Oregon Elementary
  • Middle School: Oregon
  • High School: Oregon High
  • Township: Nashua
  • Zoning: Multifamiley
Property
Lot Information
  • Property Type: Multi Family 5+
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 11922
  • Est Above Grade SqFt: 11922
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 5+ Units
  • Status: Pending Show
  • PIN: 1604291005
  • HUD: No
  • Additional PINS: 1603156001
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: Yes
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Brick/Stone, Concrete Block
  • General Features: None
  • Roof: Shingle
Interior Features
  • Basement Type: Full
  • Water Heater: Gas
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Appl Stay/Incl: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer
  • Basement Y/N: Yes
  • Separate Heat Y/N: Yes
  • Washer/Dryer CoinOp Y/N: Yes
  • Washer/Dryer Hookup Y/N: Yes
  • Washer/Dryer Y/N: Yes
Multi Family
Income and Expenses
  • Insurance/YR: $4,070
  • Maintenance/YR: $0
  • Management/YR: $0
  • Utilities/YR: $1,805
  • Legal/Account/YR: 0
  • Other/YR: 2303
  • Potential Annual Income: $81,540
Multi Family Information
  • Number of Floors in Bldg: 3
  • Number of Tenants in Bldg: 11
  • Number of Units: 11
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: 0
  • Unit 1 # Beds: 2
  • Unit 1 AC: y
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 4
  • Unit 1 # Baths: 1
  • Unit 1 Heat: Gas
  • Unit 1 SqFt: 0
  • Unit 1 Lease/Deposit: 0
  • Unit 1 Rent: 0
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 0
  • Unit 2 # Beds: 2
  • Unit 2 AC: y
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 4
  • Unit 2 # Baths: 1
  • Unit 2 Heat: gas
  • Unit 2 SqFt: 0
  • Unit 2 Lease/Deposit: 0
  • Unit 2 Rent: 600
Unit 3
  • Unit 3 Range: Yes
  • Unit 3 Garage Capacity: 0
  • Unit 3 # Beds: 2
  • Unit 3 AC: y
  • Unit 3 Refrigerator: Yes
  • Unit 3 # Rooms: 4
  • Unit 3 # Baths: 1
  • Unit 3 Heat: Gas
  • Unit 3 SqFt: 0
  • Unit 3 Lease/Deposit: 0
  • Unit 3 Rent: 630
Unit 4
  • Unit 4 Range: Yes
  • Unit 4 Garage Capacity: 0
  • Unit 4 # Beds: 2
  • Unit 4 AC: y
  • Unit 4 Refrigerator: Yes
  • Unit 4 # Rooms: 4
  • Unit 4 # Baths: 1
  • Unit 4 Heat: Gas
  • Unit 4 SqFt: 0
  • Unit 4 Lease/Deposit: 0
  • Unit 4 Rent: 750
Unit 5
  • Unit 5 Range: Yes
  • Unit 5 Garage Capacity: 0
  • Unit 5 # Beds: 2
  • Unit 5 AC: y
  • Unit 5 Refrigerator: Yes
  • Unit 5 # Rooms: 4
  • Unit 5 # Baths: 1
  • Unit 5 Heat: Gas
  • Unit 5 SqFt: 0
  • Unit 5 Lease/Deposit: 0
  • Unit 5 Rent: 690
Unit 6
  • Unit 6 Range: Yes
  • Unit 6 Garage Capacity: 0
  • Unit 6 # Beds: 2
  • Unit 6 AC: y
  • Unit 6 Refrigerator: Yes
  • Unit 6 # Rooms: 4
  • Unit 6 # Baths: 1
  • Unit 6 Heat: Gas
  • Unit 6 SqFt: 0
  • Unit 6 Lease/Deposit: 0
  • Unit 6 Rent: 650
Rental
Rent Information
  • Lease: No

Property History for 709 Franklin Street

DateEvent & SourcePriceAppreciation
Feb 7, 2026

Pending

MRED #12550301

—
Feb 6, 2026

Pending

NorthWest Illinois Alliance of REALTORS® #202600285

—
Jan 19, 2026

Listed (Active)

MRED #12550301

$790,000—
DateEvent & SourcePrice
02/07/2026

Pending

MRED #12550301

—
02/06/2026

Pending

NorthWest Illinois Alliance of REALTORS® #202600285

—
01/19/2026

Listed (Active)

MRED #12550301

$790,000

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

Public Records for 709 Franklin Street

Taxable ValueLand$12,803Additions$123,330Total$136,133
Tax Record2024$13,674 ($1,139 / month)
Home Facts
Total Finished SqFt7,512 SqFtAbove Grade Finished SqFt7,512 SqFtStories2Lot Size31,140 SqFtStyleMiscellaneous CommercialCountyOGLEAPN16-04-291-005

Schools near 709 Franklin Street

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

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Listing Courtesy of Re/Max of Rock Valley

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 02/10/2026 09:47 AM. 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.