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    511 W Blackhawk Rd Byron, IL 61010

    Pending
    For Sale
    $485,000

    3 - 4 Units - BYRON, IL

    Days on Market:
    40
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 511 W Blackhawk Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    0531276008
    Parking
    20
    Patio and Porch features
    Deck
    Interior features
    Additional Parking, Laundry In Building, Laundry In Unit, Main Floor Primary, Storage Area, Porch 3 Season
    Exterior features
    Deck, Fenced Yard
    Fencing
    Fenced
    Appliances
    Cooktop, Dryer, Refrigerator

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, None (Cooling)

    Building Details

    Roof type
    Shingle
    Architectural style
    Other

    REMAX OF ROCK VALLEY (815) 732-9100 [email protected]

    Listing agent Rebecca Hazzard (815) 732-9100 License #471019445

    Listing date Oct 27, 2025

    MLS# 202506516 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Byron Investment Opportunity

    This commercial property in Byron, Illinois, presents an investment opportunity with prime exposure. Situated on a busy corner, the property includes two buildings on a large lot with ample off-street parking. The main building, offering nearly 2,000 square feet, is currently vacant and features multiple office spaces suitable for a range of office or retail uses, allowing for future income potential. The second building, with over 2,000 square feet, is partially leased to a long-term insurance agency and includes a one-bedroom apartment featuring a sunroom, fenced yard, and two-car garage, providing rental income with room to increase returns. The property benefits from excellent visibility and strong traffic counts. This versatile space offers an opportunity for investors or owner-operators looking to grow in a thriving market.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Byron
    County
    Ogle
    State
    Illinois
    Longitude
    -89.262088
    Latitude
    42.12558

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    FAQs

    What type of property is this?
    Office space - High-visibility commercial property with income potential in Byron, Illinois.
    Where is this office space located?
    The property is located at 511 W Blackhawk Rd Byron, IL.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: - High visibility commercial property on a busy corner in Byron.; - Two buildings on a large corner lot with ample off-street parking.; - Main building (nearly 2,000 sq ft) is vacant and suitable for various office/retail uses.
    (815) 732-9100
    Request Owner's contact information
    511 W Blackhawk Rd Byron, IL 61010
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    Byron, IL 61010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511 W Blackhawk Rd Byron, IL 61010
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