Residential Income

Byron, IL Residential Income Properties for Sale

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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Byron, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

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

Contact for pricing
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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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land Near Klehm Arboretum
Residential Land Near Klehm Arboretum

13xx PRENTICE Avenue lot: 33, Rockford, IL 61102

Contact for pricing

Land near Klehm Arboretum, perfect for building a dream home.

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Nearly One-Acre Level Lot
Nearly One-Acre Level Lot

886 White Chapel Ln, Rockford, IL 61108

$185,000
1.00 AC lot

One-acre level lot ready for building in prime location.

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Rockford Land in Established Neighborhood
Rockford Land in Established Neighborhood

5398 Crestdale Drive, Rockford, IL 61114

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0.25 AC lot

Land for single-family home in established Rockford neighborhood.

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Spacious Lot in Machesney Park
Spacious Lot in Machesney Park

BRENTWOOD Road, Machesney Park, IL 61115

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0.35 AC lot

0.35-acre lot for single-family home in Machesney Park.

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Byron, IL Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income 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

Multifamily properties 1
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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