8
See all 8 photos
$249,900
Est. payment /mo
6 Beds
3 Baths
New
521 N Walnut ST Byron, IL 61010
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12519704
Bedrooms 6
Year Built 1922
Annual Tax Amount $4,456
Tax Year 2024
Lot Dimensions 63x130
Property Sub-Type Two to Four Units
Property Description
Beautifully Updated Triplex in the Heart of Byron, IL - Strong Income & Turnkey Condition Discover an exceptional investment opportunity in Byron, Illinois with this nicely redone 3-unit triplex, perfect for both seasoned investors and owner-occupants. This well-maintained property offers immediate cash flow with a monthly rental income of $2,650, plus the option to live in one unit while the other two help cover your mortgage. Major updates provide peace of mind, including a newer roof (3 years old), central air conditioning unit (3 years old), and a recently rebuilt exterior stairwell (4 months old). Inside, each unit has been thoughtfully refreshed, making the property appealing to tenants and ready for long-term stability. Two units are secured with leases through July 2026, while the third is on a month-to-month lease-offering excellent flexibility for a potential owner-occupant. Tenants are responsible for all utilities except water and trash, keeping operating expenses low. Located in desirable Byron, IL, this property benefits from a welcoming community, strong rental demand, and convenient access to local amenities. Whether you're expanding your portfolio or looking for a smart way to live affordably, this Byron triplex is an outstanding opportunity.
Location
State IL
County Ogle
Area Byron
Rooms
Basement Crawl Space, Daylight
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 226 , 226, 226
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Holder of Black Castle Properties