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!

Features
: Electric, Baseboard
: Wall unit, Window Unit
Location
US
IL
Ogle County
BYRON
61010
3rd
217
W90° 44' 47.6''
N42° 7' 41.2''
217 E 3rd Street
Additional Information
ACTIVE and AVAILABLE
$6,934
0
8
City
City
Electric
Adams
Re/Max of Rock Valley
: Brick/stone, Wood
486
$0
$0
Byron 226
Byron
Byron Middle
Byron High School 9-12
: Additional Parking
06/14/2025
06/09/2025 20:11:30

217 3rd BYRON, Illinois 61010

5+ Units For Sale
3,055 Sqft
$374,900

Reference ID: 202503064

Basic Details
Property Type : 5+ Units
Price : $374,900
Square Footage : 3,055 Sqft
Agent info

This listing is courtesy of

Rebecca Adams

Re/Max of Rock Valley

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