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Listed by Matthew Boubackof Re/Max of Rock Valley
$ 225,000
Est. payment | /mo
2,800 SqFt
$ 225,000
Est. payment | /mo
2,800 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $80
MLS Listing ID 12479922
Year Built 1850
Annual Tax Amount $3,380
Tax Year 2024
Lot Dimensions 23x120
Property Sub-Type Mixed Use
Property Description
A huge opportunity in downtown Byron is waiting for the right investor who is looking to add a profitable commercial space to their portfolio. This fully rented commercial property with an upper level 3-bedroom apartment with deck that has a long-term tenant brings in immediate income. A total of estimated 1600 square feet in the main street level commercial space that is rented out to a vintage boutique. The space has been updated over the years to fit many blends of business. Recent updates include new bathroom, and baseboard heating. The commercial space also has a basement that has more than ample storage capacity. The upstairs is a 3-bedroom 1 bath apartment has recently been updated and has been rented out to a long-term tenant (10 years). Estimated 1000 sq ft.
Location
State IL
County Ogle
Interior
Cooling Central Air, Window Unit(s)
Flooring Carpet, Wood
Fireplace N
Exterior
View Y/N true
Roof Type Fiberglass,Rubber
Building
Foundation Concrete Perimeter
Water Community Water
Structure Type Brick
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States