$75,000

131 S 3rd St Oregon, IL 61061

$891
Closing credit¹
2 beds
2 full
3,304 sqft
$23 / sqft
House

Property details

About 131 S 3rd St

This 2-bedroom, 2-bath duplex offers a unique opportunity for investors or savvy buyers looking to house hack. The first-floor unit, featuring beautiful oak wood flooring, has been fully gutted and is ready for renovation-bring your vision to life. The second-floor unit is move-in ready with a mix of oak flooring and carpet, making it easy to live in one unit while you renovate the other. A shared laundry area and detached garage add to the convenience. Whether you're looking to generate rental income or customize your own space, this property offers solid potential in a flexible layout.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Size3,304 sqft
BasementYes
Year built1895
ParkingOn Site, Detached, Garage
MLS #12378024
Garage1 space

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Parking: On Site, Detached, Garage
  • Heating: Other
  • Cooling: Other
  • List Price: $75,000
  • Price/SqFt: $22
  • Annual Tax Amount: $2,022
  • Tax Year: 2023
  • Directions: Near the intersection of S 4th St and E Washington St.
  • Year Built: 1895
  • Living Area: 3,304 SqFt
  • MLS Number: 12378024
  • MLS Name: MRED
  • Office Name: USRealty.com, LLP
  • Office Phone: (866) 807-9087
  • Office Email: listing@housepad.com
  • Listing Agent: Derek Morgan

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Get an agent. Get a mortgage. Save big.¹

131 S 3rd St, Oregon, IL 61061 - view of front facade featuring a front yard

$75,000

131 S 3rd St

$891

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$29,252$2,022
2022$27,075$2,173
2021$25,263$1,779
2020$24,142$1,693
2019$24,022$1,673
2018$22,987$1,562
2017$20,987$1,556

History based on county public records data.

Nearby schools

6

Oregon Elementary School

Public District PK-6

0.7 mi

1150 Jefferson St

6

Mary Morgan Elementary School

Public District PK-5

8.7 mi

420 N Colfax St

6

Ashton-Franklin Center Elementary School

Public District PK-6

12.2 mi

217 S Elm St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,017. The most common annual income of people living in Oregon, IL is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

54%
<35k
37%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
14%
Single, with Kids
17%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Wal-MartWal-Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • SonicSonic
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • FordFord

What do the neighbors listen to?

  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 131 S 3rd St

The listing price of 131 S 3rd St property is $75,000.

The property 131 S 3rd St is a house located in Oregon, Illinois, 61061.

Active Listing: 131 S 3rd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 131 S 3rd St are: Oregon Elementary School (GreatSchools Rating 6/10), Mary Morgan Elementary School (GreatSchools Rating 6/10), Ashton-Franklin Center Elementary School (GreatSchools Rating 6/10), Byron Middle School (GreatSchools Rating 6/10), Meridian Jr High School (GreatSchools Rating 5/10), Kings Elementary School (GreatSchools Rating 6/10), Oregon High School (GreatSchools Rating 8/10), Byron High School 9-12 (GreatSchools Rating 8/10), Stillman Valley High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $2,022 (source: MLS/based on county public records data).

The property at 131 S 3rd St has 2 bedrooms and 2 bathrooms.

The property 131 S 3rd St is 3,304 SqFt (source: MLS/tax record).

The year of construction for 131 S 3rd St is 1895.

This home is located at 131 S 3rd St in Oregon, IL and zip code 61061. This 3,304 square foot home was built in 1895. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $75,000.

In May 2025 more than 1 listings in Oregon, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. In May 2025 in Oregon, IL there were 42.1% more homes for sale than in April. In May 2025, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $214,900.

From Rocket Homes Real Estate and based on county public records data.

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