502 Franklin St

Oregon, IL 61061
  • $169,900

    Price
  • 0

    Bed
  • Bath
  • 1,800

    SqFt

About the Listing 30233 - 72112

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.

Listing Highlights for 502 Franklin St

Status Active
Days on Site 61
Property Type Commercial Sale
MLS ® 12414744
Year Built 1920
Total Square Footage 1,800
Lot/Acreage 0.07
County Ogle

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Electric,Steam
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 46X66
  • Roof: Composition
  • Others:
  • Sewer:
  • Parking Features: 1-5 Spaces,Parking-Street

Financial Details

  • Tax Amount: $2,875
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16031530140000
  • Tax Year: 2024

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Listing Location

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502 Franklin St Oregon, IL 61061

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Originating MLS: mred

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