Movoto Real Estate
Sold on 08/29/2025
  • Exterior
  • Living
  • Bedroom
  • Other
  • Bath
  • Entry Way
  • View/Area

217 E 3rd St, Byron, IL 61010

  • $310,000

    Last sold 08/29/2025 after 81 Days

  • bed

  • 6

    bath

  • 3,055

    Sqft ($101/Sqft)

Multi-family not for sale
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About 217 E 3rd St

Property type Multi-family
Neighborhood
Year built 1974
HOA fee $0/month
Movoto estimate
Property description
Investment Opportunity – Fully Rented 8-Unit Multifamily Property Near Town! Discover this well-maintained 8-unit multifamily property offering an excellent investment opportunity with consistent rental income. Conveniently located close to town, this property features eight studio apartments, each equipped with a refrigerator, stove, and either a wall or window A/C unit for tenant comfort. The building is thoughtfully designed with four units on the upper level and four on the lower level, connected by central carpeted hallways on each floor. Each unit is separately metered for electricity, allowing tenants to pay their own electric bills. The landlord covers water, sewer, and garbage, simplifying utility management. All units are currently fully rented, making this a turnkey investment with immediate cash flow potential. Whether you’re expanding your portfolio or seeking your first multifamily investment, this property offers reliable returns and long-term potential. Don’t miss this opportunity!
Listed by
Listing Office - Re/Max of Rock Valley
Source: NorthWest Illinois Alliance of REALTORS® mls logo
MLS#202503064 • last updated 9 months ago
Movoto checked NorthWest Illinois Alliance of REALTORS® for data 1 hour ago
Overview
Cooling/AC Wall Unit, Window Unit
Heating Baseboard, Electric
Levels/Style 2 Story
MLS # 202503064
SqFt 3055
Status Sold & Closed
Property Tax 6934
Year Built 1974
Exterior
Roof Rubber
Exterior Features Brick/Stone, Wood
Amenities / Utilities
Water Heater Electric
Water Source City
Sewer/Septic City
Location
School District Byron 226
Elementary School Byron
Middle School Byron Middle
High School Byron High School 9-12
Multifamily Details
Total # of Units 8
Expense: Operating 12353
$320K
Range: $281K-$358K
Last 30 days 
  • Sep 2025
    mls logo MLS # 202503064
  • Sep 5, 2025 Sold & Closed
    $310,000 (-17.3%)
  • Aug 4, 2025 Pending
  • Jun 24, 2025 Active And Available
  • Jun 23, 2025 Pending
  • Jun 13, 2025 Active And Available
  • Jun 10, 2025 Pending
  • Jun 9, 2025 Listed
    $374,900
  • 217 E 3rd St
    $310K
  • O2
  • 61010
    $275K -8% y/y
  • Byron
    $275K -8% y/y
No chart available
Statistics calculated by Movoto

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6/10
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Source: GreatSchools.org © 2026. All rights reserved.

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