Byron, IL 61010,217 E 3rd Street
Byron, IL 61010,217 E 3rd Street
Byron, IL 61010,217 E 3rd Street
22
Listed by Rebecca Adams • Re/Max of Rock Valley
Bought with Araceli Insko • Compass
$310,000
$374,900
17.3%
Est.Price: ?

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3,055 SqFt

217 E 3rd Street Byron, IL 61010

Est. payment /mo
SOLD DATE : 08/29/2025

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Key Details

Sold Price $310,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 3,055 sqft

Price per Sqft $101

MLS Listing ID 12388598

Sold Date 08/29/25

Year Built 1974

Annual Tax Amount $6,934

Tax Year 2024

Lot Size 0.260 Acres

Lot Dimensions 170X215X131

Property Sub-Type Multi Family 5+

Property Description

Investment Opportunity - Fully Rented 8-Unit Multifamily Property Near Town! Discover this well-maintained 8-unit multifamily property offering an excellent investment opportunity with consistent rental income. Conveniently located close to town, this property features eight studio apartments, each equipped with a refrigerator, stove, and either a wall or window A/C unit for tenant comfort. The building is thoughtfully designed with four units on the upper level and four on the lower level, connected by central carpeted hallways on each floor. Each unit is separately metered for electricity, allowing tenants to pay their own electric bills. The landlord covers water, sewer, and garbage, simplifying utility management. All units are currently fully rented, making this a turnkey investment with immediate cash flow potential. Whether you're expanding your portfolio or seeking your first multifamily investment, this property offers reliable returns and long-term potential. Don't miss this opportunity!

Location

State IL

County Ogle

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Roof Type Rubber

Building

Foundation Concrete Perimeter

Structure Type Brick,Shake Siding

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agent

Joseph Misho

Broker | License ID: 475190852

+1(773) 567-6565

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