502 Franklin ST Active

Oregon,IL 61061

$ 169900

- Bed

0 Bath

1800 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $94

MLS Listing ID 12414744

Year Built 1920

Annual Tax Amount $2,874

Tax Year 2024

Lot Dimensions 46X66

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Ogle

Area Oregon

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Mixed Use

Level or Stories 1

Structure Type Cedar,Frame

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