Estimated payment $1,688/month
Highlights
- Forced Air Heating and Cooling System
- Mary Morgan Elementary School Rated A
- Washer and Dryer
About This Home
Beautifully Updated Triplex in the Heart of Byron, IL — Strong Income & Turnkey Condition Discover an exceptional investment opportunity in Byron, Illinois with this nicely redone 3-unit triplex, perfect for both seasoned investors and owner-occupants. This well-maintained property offers immediate cash flow with a monthly rental income of $2,650, plus the option to live in one unit while the other two help cover your mortgage. Major updates provide peace of mind, including a newer roof (3 years old), central air conditioning unit (3 years old), and a recently rebuilt exterior stairwell (4 months old). Inside, each unit has been thoughtfully refreshed, making the property appealing to tenants and ready for long-term stability. Two units are secured with leases through July 2026, while the third is on a month-to-month lease—offering excellent flexibility for a potential owner-occupant. Tenants are responsible for all utilities except water and trash, keeping operating expenses low. Located in desirable Byron, IL, this property benefits from a welcoming community, strong rental demand, and convenient access to local amenities. Whether you're expanding your portfolio or looking for a smart way to live affordably, this Byron triplex is an outstanding opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,456
Year Built
- Built in 1922
Parking
- Additional Parking
Home Design
- Shingle Roof
- Concrete Siding
Interior Spaces
- 3,142 Sq Ft Home
- 2-Story Property
- Basement
Kitchen
- Oven
- Stove
- Range
Laundry
- Laundry in unit
- Washer and Dryer
Schools
- Mary Morgan Elementary School
- Byron Middle School
- Byron High School 9-12
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Separate Meters
- Gas Water Heater
Community Details
- 3 Units
- 2-Story Building
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,456 | $52,267 | $4,767 | $47,500 |
| 2023 | $4,189 | $49,688 | $4,532 | $45,156 |
| 2022 | $3,437 | $46,080 | $4,203 | $41,877 |
| 2021 | $3,770 | $42,689 | $4,104 | $38,585 |
| 2020 | $2,712 | $32,636 | $4,024 | $28,612 |
| 2019 | $2,721 | $31,608 | $3,897 | $27,711 |
| 2018 | $2,722 | $30,792 | $3,796 | $26,996 |
| 2017 | $2,693 | $30,792 | $3,796 | $26,996 |
| 2016 | $2,533 | $30,226 | $3,726 | $26,500 |
| 2015 | $2,412 | $29,260 | $3,607 | $25,653 |
| 2014 | $2,381 | $29,260 | $3,607 | $25,653 |
| 2013 | $2,452 | $29,636 | $3,653 | $25,983 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | For Sale | $249,900 | +85.1% | $80 / Sq Ft | |
| 06/16/2021 06/16/21 | Sold | $135,000 | 0.0% | $43 / Sq Ft | View Prior Sale |
| 03/25/2021 03/25/21 | Pending | -- | -- | -- | |
| 03/25/2021 03/25/21 | For Sale | $135,000 | -- | $43 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,494 | FHA |
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202507163
APN: 05-29-355-002
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