$ 620,000
523 W Blackhawk Drive Byron, IL 61010
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$ 620,000
Est. payment | /mo
$ 620,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11963236
Year Built 1950
Annual Tax Amount $21,782
Tax Year 2023
Lot Dimensions 240.72 X 180 X 240.72 X 180
Property Description
Calling Investors!!! Great investment opportunity with two means of income - Successful existing restaurant with a 3 year lease plus a 5 unit apartment building (long term renters) - great cash flow. Restaurant has been remodeled & kitchen updated. Apartments have 2 bedroom & laundry in each. Lots of paved parking for both the restaurant and apartments. Great central location on the state highway and in the busy business area with a traffic count of 10,600 daily. (business not included - only building and apartments) Outdoor covered patio not included in the sale.
Location
State IL
County Ogle
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site
View Y/N true
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Listed by Rebecca Adams • Re/Max of Rock Valley
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "