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    128 W 2Nd St Byron, IL 61010

    For Sale
    $225,000

    Fully rented commercial space with updated 3-bedroom apartment.

    Property size:
    3,062 SF
    Lot size:
    0.06 Acres

    Property Features for 128 W 2Nd St

    General Information

    Size
    3,062 SF
    Lot size
    0.06 Acres

    Source: RE/MAX OF ROCK VALLEY Agent Rebecca Hazzard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Byron Commercial Property with Apartment

    This commercial property in downtown Byron presents an investment opportunity. The property is fully rented and includes a main street level commercial space, currently occupied by a vintage boutique, and an upper-level 3-bedroom apartment with a deck. The commercial space is estimated to be 1600 square feet and has been updated over the years, accommodating various business types. Recent updates include a new bathroom and baseboard heating. The commercial space also features a basement with ample storage capacity. The upstairs apartment, estimated at 1000 square feet, has also been recently updated and is occupied by a long-term tenant of 10 years. The apartment has 3-bedroom and 1 bath.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Velvet Poppy Floral

    Location Insight

    • Map
    • Local Demand
    City
    Byron
    County
    Ogle
    State
    Illinois
    Longitude
    -89.257121
    Latitude
    42.126353

    Nearby Similar for Sale

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    • $134,900
      2,384 SF

      Flexible Space Near Byron

      Flexible industrial space with potential for business, shop, or storage.
      1269 Kysor Dr, Byron, IL 61010
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    • $265,000
      4.00 Acres

      Rock River Island with Cabin

      Four-acre island on Rock River with one-bedroom cabin.
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    FAQs

    What type of property is this?
    Storefront property - Fully rented commercial space with updated 3-bedroom apartment.
    Where is this storefront property located?
    The property is located at 128 W 2Nd St Byron, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Fully rented commercial property with an upper-level 3-bedroom apartment provides immediate income; - Prime downtown Byron location offers **high visibility and accessibility**; - Long-term tenants in both commercial and residential spaces ensure stable rental history
    (815) 509-8432
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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
    128 W 2Nd St Byron, IL 61010
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