Description of 101 S 1st (1.5+AC) Street, OREGON, IL 61061

PRIME DEVELOPMENT SITE! NEARLY 700' FEET OF FRONTAGE ALONG THE ROCK RIVER IN HISTORIC, DOWNTOWN OREGON. THE PROPERTY CONSISTS OF 3 PARCELS TOTALING OVER 1.5 ACRES WITH A DAILY TRAFFIC COUNT OF 9300+ VEHICLES. THIS IS A RARE OPPORTUNITY TO OWN COMMERCIAL LOTS WITH BOTH EXCELLENT RIVER FRONTAGE & HIGH VISIBILITY FROM ILLINOIS ROUTE 64. CURRENTLY, THERE IS A RETAIL SPACE WITH ALMOST 5,000 SQ FEET ALONG WITH A 50 X 140 STORAGE FACILITY. THE LAND IS ZONED COMMERCIAL WITH ENDLESS DEVELOPMENT POSSIBILITIES. A SUPERIOR SITE FOR A RESTAURANT OR HOTEL TO NAME A FEW! THIS PROPERTY IS LOCATED IN THE TIF DISTRICT.

Property Features of 101 S 1st (1.5+AC) Street, OREGON, IL 61061

SCHOOL DISTRICT
Oregon 220
TYPE
Land
Annual Taxes
$10,933.00
Acres
1.5
Features
Elementary school: Oregon Elementary
Middle school: David L Rahn Jr High
High school: Oregon High
School district: Oregon 220
Lot acreage is: 1.5
City sewer
City water
Tax year: 2016
Courtesy of: Re/Max of Rock Valley