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503 S 2nd Street, Oregon, IL 61061

Ogle County

Key Facts

4Beds
2Baths
1,700Sq Ft
1985Year Built

Description

Welcome to this unique and versatile 4-bedroom, 2-bath bi-level home offering approximately 1,700 square feet of living space. Designed with flexibility in mind, the upper and lower levels each feature bedrooms, a full bath, living space, and kitchen areas, creating endless possibilities for large families, multi-generational living, guest accommodations, hobby space, home offices, entertaining or even a short term rental option. The home's thoughtful layout provides privacy and functionality while maintaining the feel of a single-family residence. The lower-level kitchen area could easily serve as a wet bar, game room, or entertaining space, allowing future owners to tailor the home to their needs. Whether you're looking for room to spread out, space for extended family, a home that offers flexible living arrangements, large bedrooms, and plenty of outdoor space, this property delivers. Conveniently located in the heart of Oregon, you'll enjoy easy access to schools, parks, shopping, dining, and all the charm this scenic community has to offer. Don't miss this opportunity to own a home with the space, versatility, and potential to fit a variety of lifestyles.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1985

Living Area

1,700 sq ft

Lot Dimensions

66x123.75

Parking Spaces

2

Ownership

Fee Simple

Days on Market

12

MLS® Listing#

12685937

Property Features

Cooling

Window Unit(s)

Heating

Baseboard

Fireplace

Family Room

Basement

None

Parking

Driveway

Construction

Vinyl Siding

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bedroom 210X12Second
  • Bedroom 39X10Lower
  • Bedroom 49X11Lower
  • Dining Room
  • Family Room23X15Lower
  • Kitchen15X10Second
  • Laundry
  • Living Room14X11Main
  • Master Bedroom12X15Second

Financial Details

Annual Taxes

$4,101

Tax year 2024

Parcel Number

16033300130000

Directions

West on Rt 64 into Oregon, south on 2nd St, houe in on west side of street

Affordability Calculator

$31,600

Estimated monthly payment

$841/mo

Principal $126,400 · Est. interest $176,339 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Oregon, IL

$237,500
Median Listing Price
33
Median Days on Market
1,474
Median Sq Ft
$132
Median Price / Sq Ft
13
Active Listings
  • This home’s price is 33% below the area median.
  • Its price per sq ft is 30% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Oregon, IL.

Location

Map showing the location of 503 S 2nd Street, Oregon, IL 61061

Points of Interest in Oregon, IL

Showing the Oregon area map.

Nearby Schools

  • Oregon High School

    Secondary · 0.6 mi away

  • Jefferson Elementary School

    Elementary · 0.7 mi away

  • Oregon Community Unit School District No 220

    School · 0.7 mi away

  • Etnyre School

    School · 0.8 mi away

  • Chana Education Center

    Secondary · 5.9 mi away

  • Black Hawk Junior High School

    Secondary · 5.9 mi away

  • Faith Christian School

    Secondary · 8.3 mi away

  • Byron School District 226

    School · 8.9 mi away

  • Byron Middle School

    Secondary · 9.0 mi away

  • Mary Morgan Elementary School

    Elementary · 9.0 mi away

  • Byron High School

    Secondary · 9.0 mi away

  • Stillman Valley High School

    Secondary · 10.1 mi away

  • Meridian Junior High School

    Secondary · 10.3 mi away

  • Valley Covenant Church

    School · 10.3 mi away

  • Ashton-Franklin Center Cusd

    Secondary · 11.2 mi away

  • Kings Elementary School

    Elementary · 11.5 mi away

  • Ashton-Franklin Center Elementary School

    Elementary · 11.9 mi away

  • Polo Community High School

    Secondary · 12.3 mi away

  • Polo Community Unit School District

    School · 12.5 mi away

  • Aplington Middle School

    Secondary · 12.5 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
603 S Second Street, OREGON, IL$119,00031,392
603 S Second Street, Oregon, IL$119,000311,890
304 N 3rd Street, OREGON, IL$170,00031,408
304 N 3rd Street, Oregon, IL$170,00031,408

Moving Cost Estimate

EXIT Agents in Oregon

Midwest Real Estate Data logo

Listing Courtesy: Bearrows Real Estate & Auction Co - 8155625113

Based on information submitted to the MLS GRID as of 2026-07-09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-07-09

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Hometown Association of Realtors. MLS® Listing#12685937. © 2026EXIT Realty®. All rights reserved.