502 Franklin Street, Oregon, IL

$169,900

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About 502 Franklin Street

Become a staple in the community by owning this transitional property that has so many possibilities for your business. Come in and explore the endless space and envision your becoming a thriving reality. Walking through the front door and step onto the original hardwood floors, ample sunlight covering two separate rooms. Room 1 (24.1' x 21.2') Room 2 (16.6' x 12.6'). From there go into two additional rooms that can be divided in many ways. Room 1 (21.2' x 13.3') Room 2 (17.1 x 13.3'). There are additional smaller rooms that are both (12 x8.3') that can be used as additional storage or office. This space has many features that add tons of value that many commercial spaces lack. Two bathrooms and one bathroom is ADA Compliant. Walk upstairs into a secluded space that could be converted into a quiet meeting space. New roof in 2023, updated electrical 2021, five mini-split electric heat and air units, three newer windows. With the growing need for Airbnb's the possibilities are endless, and the layout is perfect to be converted into a residential space. If that isn't enough this property is nestled in the TIF district, which has the possibility to enhance the new owner's ability to start their dream business.

Features of 502 Franklin Street

MLS® # 12414744
Price $169,900
Bathrooms 0.00
Acres 0.00
Year Built 1920
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 502 Franklin Street
Area Oregon
City Oregon
County Ogle
State IL
Zip Code 61061

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Cedar, Frame
Roof Composition
Foundation Concrete Perimeter

Additional Information

Days on Market 107
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRe/Max of Rock Valley
Contact Info815-732-9100

Listing Map

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