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Listed by Rebecca Hazzard • Re/Max of Rock Valley
$485,000
Est. payment /mo
1 Bed
4,000 SqFt
Pending
511 W Blackhawk Drive Byron, IL 61010
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Key Details
Property Type Multi-Family
Sub Type 3 - 4 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $121
Subdivision Il
MLS Listing ID 202506516
Style 1 Story
Bedrooms 1
Annual Tax Amount $11,794
Tax Year 2024
Property Sub-Type 3 - 4 Units
Property Description
Investment Opportunity with Prime Exposure in Byron! Take advantage of this high visibility commercial property located on a busy corner in the growing community of Byron. The property features two buildings on a large corner lot with ample off street parking. The main building, offering nearly 2,000 square feet, is currently vacant and provides multiple office spaces suitable for a wide range of office or retail uses, allowing for strong future income potential. The second building with over 2,000 square feet is partially leased to a long term insurance agency and includes a spacious one-bedroom apartment featuring a sunroom, fenced yard, and two car garage, providing steady rental income with room to increase returns. With excellent visibility, strong traffic counts, and versatile space, this property offers a rare opportunity for investors or owner-operators looking to grow in a thriving market.
Location
State IL
Area Ogle County
Rooms
Basement Crawl Space
Interior
Hot Water Gas
Heating Forced Air, Natural Gas
Cooling Central Air, None
Exterior
Exterior Feature Siding, Vinyl
Garage Spaces 20.0
Roof Type Shingle
Building
Sewer City
Water City
Schools
Elementary Schools Mary Morgan Elementary
Middle Schools Byron Middle
High Schools Byron High School 9-12
School District Byron 226
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