Property profile

215 Main St Port Byron, IL 61275

OFF-MARKET
Office Spaces
9,237 SF 0.31 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional Port Byron, IL investment opportunity presents two commercial condos totaling 2,870 rentable square feet on a 0.31-acre lot. The property, located at 215 & 219 N Main Street, features a 1,000 square foot unit with a long-term tenant under a recently renewed five-year lease, offering immediate income potential. The second unit, encompassing approximately 1,870 square feet, is a recently remodeled, move-in ready space ideal for medical offices, Class-A office space, or a variety of other uses. This unit boasts a reception area, multiple private entrances, bathrooms, five potential patient rooms or private offices, a kitchenette, washer/dryer hookups, and ample storage. Both units enjoy stunning Mississippi River views and are conveniently located within walking distance of local restaurants and shops. The property includes 20 parking spaces, zoned C-2, and built in 2006. The combined property offers a unique blend of established rental income and flexible, high-quality office space, making it an attractive investment opportunity. The property's prime location and versatile layout provide significant potential for future growth and appreciation. 24-hour notice is required for showings. APN: 04-25-123-001. Asking price: $358,000.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 9,237 SF
Lot 0.31 ac (13,504 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

215 Main St Port Byron, IL 61275
Port Byron metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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