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Oregon, IL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Oregon, Illinois Market population: 20K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Oregon OH Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Oregon OH Properties: 0.7800%

πŸ“Š Average Income For Oregon OH Commercial Property: $54,191

Investor Questions For Oregon OH

Common questions from investors exploring commercial real estate in Oregon OH.

What is the overall investment potential of Oregon, OH, considering its demographic and economic factors? +
The combination of a relatively low poverty rate of 9.4%, high health insurance coverage of 94.2%, and a strong median household income of $54,191 suggests a stable and attractive market for real estate investment in Oregon, OH, with a diverse population of White, White Non-Hispanic, and Hispanic residents.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Oregon, OH? +
The average commute time of 19.5 minutes, coupled with the top commute methods being driving alone, carpooling, and working from home, indicates a convenient and flexible transportation infrastructure, which can enhance the quality of life for residents and make the area more appealing to potential renters, particularly those working in the top industries of Public Administration, Wholesale Trade, and Manufacturing.
What are the implications of the high homeownership rate and median property value on the rental market in Oregon, OH? +
The high homeownership rate of 71.8% and median property value of $133,100 may suggest a competitive rental market, but the relatively low poverty rate and high health insurance coverage indicate a stable tenant base, and the diverse top industries provide a range of employment opportunities, making Oregon, OH an attractive location for real estate investment, particularly for those targeting the White, White Non-Hispanic, and Hispanic populations.
How does the income inequality and foreign-born rate affect the demand for housing and rental properties in Oregon, OH? +
The GINI coefficient of 0.425 indicates a moderate level of income inequality, while the foreign-born rate of 4.5% suggests a relatively low level of diversity, but the strong median household income and high health insurance coverage can mitigate these factors, and the top industries of Public Administration, Wholesale Trade, and Manufacturing can drive demand for housing and rental properties, particularly among the White, White Non-Hispanic, and Hispanic populations.
What are the key factors to consider when evaluating the potential return on investment for real estate in Oregon, OH? +
When evaluating the potential return on investment for real estate in Oregon, OH, consider the combination of factors such as the median property value of $133,100, median property taxes of $5,973, and the relatively low poverty rate of 9.4%, as well as the high health insurance coverage of 94.2%, diverse top industries, and convenient transportation infrastructure, which can impact the rental yield and long-term appreciation of the property, particularly in areas with high demand from the White, White Non-Hispanic, and Hispanic populations.

Oregon OH Real Estate & City Facts

Key facts and real estate information about Oregon OH.

What are some of the best neighborhoods to live in Oregon? +
Some of the best neighborhoods to live in Oregon include Eden Park, a charming and peaceful neighborhood with quiet streets and beautiful houses, and Refinery, a quiet and clean neighborhood with a friendly atmosphere. Other popular neighborhoods include those in the central parts of the city, which tend to be more desirable, while more affordable homes can be found in the southeast regions.
What are some fun things to do in Oregon? +
There are plenty of fun things to do in Oregon, including visiting Maumee Bay State Park, Pearson's Metropark, and the Packer-Hammersmith Center. You can also explore the bike and walking paths, play golf at one of the local courses, or visit the Oregon Recreation Center. If you're looking for something to do in the evening, you could check out the Ribbon downtown for ice skating or summer roller skating, or grab a drink at the Maumee Brewery.
What is the food scene like in Oregon? +
The food scene in Oregon is diverse and exciting, with a range of restaurants to suit all tastes. Some popular options include The Oregon Inn, Smokey's BBQ Roadhouse, and Ming Moon. You can also find great food at local taverns like Paddy Joe's, which serves homemade dishes and has a wide selection of draft beers and bourbon. There are also plenty of great food trucks and cafes to discover.
What are the pros and cons of living in Oregon? +
The pros of living in Oregon include its peaceful and natural surroundings, with plenty of opportunities to enjoy the outdoors. The city also has a range of amenities, including restaurants, shops, and recreational facilities. However, some cons of living in Oregon include the fact that it can be a bit quiet and sleepy, and some residents may find the nightlife options to be limited. Additionally, the city's economy is not as diverse as some other areas, which can make it difficult to find certain types of jobs.
Is Oregon a good place to live? +
Overall, Oregon is a great place to live for those who value a peaceful and natural surroundings, and are looking for a close-knit community. While it may not be the best fit for everyone, particularly those who are looking for a more vibrant nightlife or a wider range of job opportunities, it has a lot to offer residents who appreciate its unique charm and character. With its beautiful parks, range of amenities, and friendly atmosphere, Oregon is definitely worth considering as a place to call home.
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