521 N Walnut St., Byron, IL 61010

521 N Walnut St., Byron, IL 61010
Photo 1 of 8
$249,900
Beds Baths Sq. Ft. Taxes Built
6 0.00 0 $4,456 1922
On the market: 31 days

Est. Monthly Payment:

$1,867($1,496 + $371 taxes*)

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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.
Listing courtesy of Thomas Holder, Black Castle Properties