Jefferson Street

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Jefferson Street

Oregon, IL 61061
Asking Price
Contact for price
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property covers 0.43 acres of land in Oregon Illinois.
  • This site is currently zoned for single family rental portfolios.
  • Located on Jefferson Street within a stable Ogle County submarket.
  • Land parcel suitable for residential development projects and investments.
  • Positioned in the 61061 zip code with accessible regional infrastructure.

What's Special

The Ogle County region of Illinois provides a steady environment for residential development, characterized by its accessible suburban landscape and proximity to regional transit corridors. Situated on Jefferson Street in the city of Oregon, this 0.43-acre parcel presents a functional foundation for those looking to expand their residential footprint within a stable Midwestern market. The scale of this land makes it a viable candidate for the development of residential units tailored to the local housing demand. Given the nature of the area, investors often view such sites as practical additions to a single-family rental portfolio, leveraging the local demographics that prioritize manageable, well-positioned properties. The site offers straightforward utility for developers aiming to contribute to the inventory of the Oregon zip code, balancing suburban appeal with the practical requirements of small-scale residential construction.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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