$225,000

225 E 4th St Byron, IL 61010

Estimated payment $1,648/month

Total Views 1,103
-- Bed
-- Bath
2,299 Sq Ft
$98 Price per Sq Ft

Highlights

  • 1-Story Property
  • Central Air
  • 5-minute walk to National Park Service
  • Mary Morgan Elementary School Rated A

About This Home

Discover a rare gem in the heart of Byron, IL! This exceptional investment property features two separate, well-maintained units, each offering modern comforts and reliable rental income. Perfect for investors or owner-occupants seeking a smart addition to their portfolio, this property combines updated systems with the stability of long-term, established renters. Two distinct units, ideal for maximizing rental income or multi-generational living. Updated Mechanicals & Plumbing: Enjoy peace of mind with modern, energy-efficient systems, ensuring low maintenance costs and tenant satisfaction. Established Tenants: Both units are occupied by reliable, long-term renters, providing immediate and consistent cash flow. Prime Location: Situated in the charming community of Byron, IL, known for its excellent schools and proximity to Rockford’s amenities. Move-In Ready: Thoughtfully maintained interiors and exteriors, ready for continued tenant occupancy or new ownership vision. Whether you’re a seasoned investor or entering the real estate market, this turnkey property offers a unique blend of stability, modern upgrades, and growth potential. Don’t miss out on this opportunity to own a cash-flowing asset in a thriving community!

Listing Agent

Casey Cline

Re/Max of Rock Valley License #475.195786 Listed on: 08/04/2025

Re/Max of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 1945

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,299 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Schools

  • Byron Elementary School
  • Byron Middle School
  • Byron High School 9-12

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,990

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • General Features: Main Floor Primary
  • Grid: O2
  • Legal Description: Per Title
  • Lvt Date: 08/04/2025
  • Style: 1 Story
  • Type: 2 Units
  • Annual Insurance Expense: 1000
  • Maintenance Yr: 200
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Utilities Yr: 500
  • Agent Only_ L A1 User Code: 110756
  • Elementary School: Byron
  • Estimated Total Finished Sq Ft: 2299
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Discover a rare gem in the heart of Byron, IL! This exceptional investment property features two separate, well-maintained units, each offering modern comforts and reliable rental income. Perfect for investors or owner-occupants seeking a smart addition to their portfolio, this property combines updated systems with the stability of long-term, established renters. Two distinct units, ideal for maximizing rental income or multi-generational living. Updated Mechanicals & Plumbing: Enjoy peace of mind with modern, energy-efficient systems, ensuring low maintenance costs and tenant satisfaction. Established Tenants: Both units are occupied by reliable, long-term renters, providing immediate and consistent cash flow. Prime Location: Situated in the charming community of Byron, IL, known for its excellent schools and proximity to Rockford’s amenities. Move-In Ready: Thoughtfully maintained interiors and exteriors, ready for continued tenant occupancy or new ownership vision. Whether you’re a seasoned investor or entering the real estate market, this turnkey property offers a unique blend of stability, modern upgrades, and growth potential. Don’t miss out on this opportunity to own a cash-flowing asset in a thriving community!
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2299
  • L O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 97.87

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Byron 226
  • Elementary School: Byron
  • Middle School: Byron Middle
  • High School: Byron High School 9-12

Building Info

  • Year Built: 1945

Tax Info

  • Year: 2024
  • Taxes: 4990

MLS Schools

  • HighSchool: Byron High School 9-12
  • School District: Byron 226
  • Middle School: Byron Middle

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,991 $58,540 $6,878 $51,662
2023 $4,692 $55,652 $6,539 $49,113
2022 $4,426 $51,611 $6,064 $45,547
2021 $3,834 $49,407 $5,805 $43,602
2020 $4,024 $48,438 $5,691 $42,747
2019 $4,038 $46,913 $5,512 $41,401
2018 $4,040 $45,702 $5,370 $40,332
2017 $3,998 $45,702 $5,370 $40,332
2016 $3,759 $44,863 $5,271 $39,592
2015 $4,459 $43,430 $5,103 $38,327
2014 $4,402 $54,084 $5,103 $48,981
2013 $4,054 $54,780 $5,169 $49,611
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $225,000 +67.9% $98 / Sq Ft
10/31/2014 10/31/14 Sold $134,000 -7.5% $110 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $144,900 -- $118 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $134,000 New Conventional
Previous Owner $150,000 Adjustable Rate Mortgage/ARM
Previous Owner $12,000 Credit Line Revolving
Previous Owner $60,200 New Conventional
Source: Public Records

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Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202504630

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APN: 05-32-129-008