Multifamily

Byron, IL Multifamily Properties for Sale

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Stillman Valley, IL Rockford, IL Winnebago, IL Davis Junction, IL Oregon, IL Pecatonica, IL Mount Morris, IL Loves Park, IL
4-Unit Brick Quadplex
Updated: Sep 30
4-Unit Brick Quadplex

416 E 2nd St, Byron, IL 61010

$399,000
Four apartments, each with 2 bedrooms and 1 bathroom
Three units occupied by month‑to‑month tenants; one recently updated unit is vacant
Each apartment includes a living room, eat‑in kitchen, laundry hookups, and a mechanical or storage room
Sliding patio doors open to individual patio areas
Off‑street parking available
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Byron, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Two-Unit Duplex
Updated Two-Unit Duplex

1215 42nd Ave, Rockford, IL 61109

$158,000
1,508 sqft

Each residence offers private laundry hookups, dedicated parking, and access to a sizable fenced backyard.

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Six-Bedroom Duplex
Six-Bedroom Duplex

1541 West St, Rockford, IL 61102

$175,000
2,090 sqft 0.16 AC lot

Two independent rental units provide a straightforward residential income property configuration.

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Classic 6-Unit Apartment Building
Classic 6-Unit Apartment Building

400 N 4th Street, Oregon, IL 61061

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4,054 sqft

Fully rented, historic 6-unit apartment building with steady cash flow.

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Four-Unit Multifamily Corner Property
Four-Unit Multifamily Corner Property

411 N 6th Street, Oregon, IL 61061

$295,000

Four-unit multifamily building with a newer roof and a corner-lot layout for two units on each level.

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Byron, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Byron, IL on our real estate platform.

Sale prices for multifamily properties in Byron, IL average $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 1

Demographics Overview

Population 7,494
Population Growth (5Y) -4.0%
Median Household Income $89,907
College Educated 45.4%

Taxes & Financing

Tax Rate (average for all types) 7.72%
Property Tax per SF $83.60 per SF
Average Loan-to-Value 65.0%

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