Byron, IL 61010,217 E 3rd Street
Byron, IL 61010,217 E 3rd Street
Byron, IL 61010,217 E 3rd Street
Byron, IL 61010,217 E 3rd Street
Byron, IL 61010,217 E 3rd Street
Byron, IL 61010,217 E 3rd Street
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Listed by Rebecca Adams • Re/Max of Rock Valley
Bought with Araceli Insko • Compass

$310,000

$374,900

17.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

3,055 SqFt


SOLD DATE : 08/29/2025

Key Details

Sold Price $310,000

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,055 sqft

Price per Sqft $101

Subdivision Il

MLS Listing ID 202503064

Sold Date 08/29/25

Style 2 Story

Bedrooms 2

Annual Tax Amount $6,934

Tax Year 2024

Property Sub-Type 5+ Units

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 County

Area O2

Rooms

Basement Slab

Interior

Hot Water Electric

Heating Baseboard, Electric

Cooling Wall Unit, Window Unit

Exterior

Exterior Feature Brick/Stone, Wood

Garage Spaces 8.0

Roof Type Rubber

Building

Sewer City

Water City

Schools

Elementary Schools Byron

Middle Schools Byron Middle

High Schools Byron High School 9-12

School District Byron 226

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Danielle Cline

Elevating Dreams, Building Wealth, Enhancing Communties

+1(815) 701-3326

dcline@dcrisere.com

322 N Main St, Galena, IL, 61036, United States

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