523 W Blackhawk Drive Byron, IL ^$ 699,000

523 W Blackhawk Drive

^$ 699,000

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523 W Blackhawk Drive

Byron, IL, 61010

^$ 699,000

Studio Baths0.0

Monthly Estimate*

^$ 4,883

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Studio

Commercial Property for sale in Byron, IL

for $699,000. This building was built in 1950 on a lot size of 0.99472.

Calling Investors!!! Great investment opportunity with two means of income - Successful existing restaurant with a 3 year lease plus a 5 unit apartment building (long term renters) - great cash flow. Restaurant has been remodeled & kitchen updated. Apartments have 2 bedroom & laundry in each. Lots of paved parking for both the restaurant and apartments. Great central location on the state highway and in the busy business area with a traffic count of 10,600 daily. (business not included - only building and apartments) Outdoor covered patio not included in the sale.

Commercial Active

Price

^$ 699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 20,545

Style

Commercial

Lot Size

0.99472

Year Built

1950

Town/City

Byron

County/Region

Ogle

MLS | Web ID

11963236

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site

Zoning COMMR

Year Built 1950

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories 1

Township Byron

Property SubType Apts/Stores

Tax Year 2022

Current Use Commercial

Gross Income 75240

County Ogle

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Commercial

Status Active

Directions Located on RT 2 in Byron

City Byron

Total Units 6

MLS Area Byron

Lot Size Square Feet 43330

Street Name Blackhawk

Tax Annual Amount 20545.7

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 41

Standard Status Active

Exterior

Lot Dimensions 240.72 X 180 X 240.72 X 180

Frontage Type US Highway

Interior

Street Suffix Drive

* Excluded Features

List By

Re/Max Of Rock Valley

Broker

beckyadams@remax.net

Affordability Calculator

$6,595

Per Month

Monthly Principal & Interest: $4,883
Monthly Property Taxes: $1,712
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Byron, IL

Average List Price ^$699,000

Percent of Sale Price 0%

About Byron, IL

3,651 Population

16% Since 2002

^$50,983 Median Income

37.87 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2024	$699,000	-6.80%	Price Down
1/17/2024	$750,000		Listed Price

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523 W Blackhawk Drive, Byron, IL, 61010 is a Commercial Property for sale at $699,000 with a lot size of 0.99472. 523 W Blackhawk Drive is a studio with 0.0 baths and was built in 1950. The property's zip code is 61010 which is in Byron, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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523 W Blackhawk Drive

Commercial Property for sale in Byron, IL

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