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Listed by Rebecca Hazzard • Re/Max of Rock Valley
$ 250,000
Est. payment | /mo
4,000 SqFt
$ 250,000
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $62
Subdivision Il
MLS Listing ID 202606539
Style 2 Story
Annual Tax Amount $5,260
Tax Year 2025
Property Sub-Type 2 Units
Property Description
Endless possibilities in the heart of Downtown Byron! Formerly known as Spanky's Bar, this approximately 4,000 square foot, two story building offers a fantastic opportunity for investors, developers, or business owners looking to create something special in a highly visible downtown location. With potential for retail, office space, apartments, or a mixed-use development, this property is a blank canvas ready for your vision! The spacious interior offers two levels of flexible space ready to be finished and customized to fit your needs. Whether you envision retail or commercial space on the main floor with residential units above, multiple rental units, or an entirely new business concept, the possibilities are exciting! Plumbing, electrical, mechanical systems, and interior finishes will need to be completed, allowing the new owner to design the space around their specific plans. A newer partial basement with a poured concrete foundation provides additional storage and utility space. TIF funds through the City of Byron may also be available to assist with eligible redevelopment and improvements. With its recognizable history, downtown location, and flexible layout, this property offers a unique opportunity to bring new life to a well-known Byron building. Bring your ideas and make this blank canvas your next investment or business venture! Property is being sold as is.
Location
State IL
Area Ogle County
Rooms
Basement Full
Interior
Hot Water Gas
Heating None
Cooling None
Exterior
Exterior Feature Other
Garage Spaces 2.0
Roof Type Other
Building
Sewer City
Water City
Schools
Elementary Schools Byron
Middle Schools Byron Middle
High Schools Byron High School 9-12
School District Byron 226