$ 699,000
122 N 3rd Street Oregon, IL 61061
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$ 699,000
Est. payment | /mo
7,500 SqFt
$ 699,000
Est. payment | /mo
7,500 SqFt
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Pending
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $93
MLS Listing ID 12173317
Annual Tax Amount $6,400
Tax Year 2023
Lot Dimensions 88X132
Property Description
Turn-Key Bed & Breakfast in Historic Downtown Oregon, IL - A Rare Investment Opportunity! Discover a rare gem in historic downtown Oregon, IL with this fully operational, turn-key Bed & Breakfast. Featuring 9 tastefully designed guest rooms, each with its own private bathroom, this property offers guests a comfortable and memorable stay. The grand upper and lower porches provide breathtaking views of the charming city, while the cozy eating area and commercial kitchen are perfect for hosting breakfast and events. The property also includes a fully finished lower level with additional recreational space, providing endless possibilities for guest entertainment or expansion of services. For the innkeeper, the spacious quarters come complete with a full kitchen, living area, and bathroom, ensuring a comfortable on-site living experience. The property also boasts on-site parking, a green space, and a patio, making it a versatile space for events or outdoor enjoyment. This well-reviewed bed and breakfast comes with an established rental history and has been meticulously maintained with many updates, including foundation work, plumbing, and electrical systems. With plenty of room for growth, this property offers both seasoned investors and aspiring owner-operators a unique opportunity to step into a thriving business with endless potential. Whether you're an experienced investor or dreaming of becoming an owner-operator, this property is your chance to own a piece of Oregon's historic charm with a profitable and well-maintained business.
Location
State IL
County Ogle
Zoning COMMR
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Waterfront false
View Y/N true
Building
Structure Type Brick,Stone
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rebecca Hazzard • RE/MAX of Rock Valley
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