Byron IL Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
1,818
Status:
NEW LISTING
MLS#:
12669196
Type:
Mixed Use
Lot size:
0.06 Acres
Year built:
1990
A broker reciprocity listing Courtesy: RE/MAX of Rock Valley 815-732-9100
View additional info

ADDITIONAL INFORMATION

Formerly known as Spanky's Bar, this iconic Downtown Byron property presents a rare opportunity to reimagine a well known local landmark and create something truly special. Whether you're an entrepreneur, investor, or business owner, this approximately 4,000-square foot building offers the flexibility and potential to bring your vision to life. The current concept for the property includes transforming the main floor into a modern bar and kitchen space while utilizing the second floor as a private event or party room. There is also potential to create an apartment, short term rental, or Airbnb on the upper level, providing an additional income stream and maximizing the property's value. The building offers two floors ready for renovation and customization, making it an ideal blank canvas for a restaurant, bar, retail business, entertainment venue, mixed use development, or countless other possibilities. A newer partial basement with a poured concrete foundation provides ample storage space and functionality. An additional bonus is the existing liquor license attached to the property, which may be transferable to the new owner, helping accelerate plans for a hospitality focused business. TIF (Tax Increment Financing) funds from the City of Byron may also be available to assist with redevelopment and improvements, creating even more opportunity for a successful project. Opportunities like this in Downtown Byron don't come around often. Take advantage of a highly visible location, a recognizable building with local history, and endless possibilities for redevelopment. Make your dream a reality and turn this Downtown Byron landmark into the next great destination for the community.

Beds:
n/a
Baths:
Sq.Ft.:
2,400
Status:
Active
MLS#:
12617631
Type:
Garage/Parking Space
Lot size:
1.6 Acres
Year built:
1970
A broker reciprocity listing Courtesy: Bearrows Real Estate & Auction Co 815-562-5113
View additional info

ADDITIONAL INFORMATION

Commercial Building on 1.6 acres located in the Byron Business Park. Formerly housing a successful Landscaping Company, this 30x64x11 pole building with full concrete floor, has a 14x30 office addition suitable for many applications from retail, to repair shop, or a place to store your toys! Situated on 2 Commercial lots totaling 1.6 acres MOL, there is plenty of room for parking or expansion. The building features 2 offices with closet storage, 7x6 half bath, 9x6 or storage closets, 14x6 common area ,a center bay that is approx 17x30 with full insulation and 8x9 insulated door and is fully climate controlled with gas forced air heat and central A/C. There is also 41x30 cold storage area with an 8x16 insulated overhead door. Updated 200 amp service provides plenty of power and natural gas, city water, fibre, and cable are all to the building as well. Private septic is in working order and has been well maintained. The area around the building has been professionally landscaped to give your new spot a charming approach to the office. There is a large gravel area on the 2nd lot for parking or outdoor storage to the rear of the building and there is private road access to both lots front and rear. There is also an irrigation system around the building along with several water spigots located around the property. Properties like this do not come on the market often in Byron, so don't pass up this great opportunity!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Byron Real Estate

Byron is located in Illinois. Byron, Illinois has a population of 3,740. Byron is more family-centric than the surrounding county with 34.85% of the households containing married families with children. The county average for households married with children is 27.12%.

The median household income in Byron, Illinois is $66,620. The median household income for the surrounding county is $67,534 compared to the national median of $69,021. The median age of people living in Byron is 35.3 years.

Byron Weather

The average high temperature in July is 83.6 degrees, with an average low temperature in January of 12.1 degrees. The average rainfall is approximately 35.6 inches per year, with 30.5 inches of snow per year.

Byron Map

Byron Real Estate Market Conditions

  • Median sales price

    $273,250
    14.1%
    change since last quarter
  • # Active listings

    12
    30-day change

Byron Schools and Demographics

Education near Byron, IL

City County
High School Graduates 96.91 90.95
College Degree - 2 year 11.87 11.25
College Degree - 4 year 27.69 21.59
Graduate Degree 7.16 6.51
Expenditures per Student 17,321 17,321
Students per Teacher 13.8 13.8

Elementary Schools near Byron, IL

Grades Students P/T Ratio ZIP
Barbour Two-Way Language Immersion KG - 08 684 19.6 61102
Dennis Early Childhood Center PK - PK 327 11.9 61102
Dorothy Simon Elementary School PK - 02 329 15.3 61088
Ellis Arts Academy KG - 08 446 19.3 61102
Highland Elementary School PK - 02 374 17.4 61084
Jean McNair Elementary School 03 - 05 300 15.7 61088
Julia Lathrop Elementary School KG - 05 397 17.1 61102
King Elementary School KG - 05 295 14 61102
Mary Morgan Elementary School PK - 05 658 13 61010
Oregon Elementary School PK - 06 796 14.9 61061
Washington Academy 01 - 05 514 20.9 61102

Middle Schools near Byron, IL

Grades Students P/T Ratio ZIP
Byron Middle School 06 - 08 350 11.3 61010
Meridian Junior High School 06 - 08 481 19.6 61084
Rockford Envrnmntl Science Acad. 06 - 08 1,004 15.9 61102
Winnebago Middle School 06 - 08 336 14.8 61088

High Schools near Byron, IL

Grades Students P/T Ratio ZIP
Byron High School 9-12 09 - 12 484 12 61010
Oregon High School 09 - 12 450 13.6 61061
Stillman Valley High School 09 - 12 577 17.7 61084
Winnebago High School 09 - 12 460 14.8 61088

Ungraded Schools near Byron, IL

Grades Students P/T Ratio ZIP
Legacy Acad of Excellence Charter School KG - 10 315 19.7 61102

Demographics near Byron, IL

City County
Neighborhood Type Suburban
Population 3,740 51,787
Population Density 1,047 68
Median Age 35.3 42.3
People per Household 2.5 2.5
Median Household Income 66,620 67,534
Average Income per Capita 30,284 33,280

Real estate near Byron