216 N Union StreetByron, IL 61010

Description

Endless possibilities in the heart of Downtown Byron! Formerly known as Spanky's Bar, this approximately 4,000 square foot, two story building offers a fantastic opportunity for investors, developers, or business owners looking to create something special in a highly visible downtown location. With potential for retail, office space, apartments, or a mixed-use development, this property is a blank canvas ready for your vision! The spacious interior offers two levels of flexible space ready to be finished and customized to fit your needs. Whether you envision retail or commercial space on the main floor with residential units above, multiple rental units, or an entirely new business concept, the possibilities are exciting! Plumbing, electrical, mechanical systems, and interior finishes will need to be completed, allowing the new owner to design the space around their specific plans. A newer partial basement with a poured concrete foundation provides additional storage and utility space. TIF funds through the City of Byron may also be available to assist with eligible redevelopment and improvements. With its recognizable history, downtown location, and flexible layout, this property offers a unique opportunity to bring new life to a well known Byron building. Bring your ideas and make this blank canvas your next investment or business venture! Property is being sold as is.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1900

Lot size

0.06 acres

Lot dimensions

25x110

Parking spaces

2

Ownership

Fee Simple

Days on market

30

MLS^® Listing#

12785596

Property Features

Heating

None

Basement

Unfinished · Full

Construction

Other

Foundation

Concrete Perimeter

Roof

Other

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$5,260Tax year 2025

Parcel number

05321120070000

Directions

IL RT 2, turns into Blackhawk, then North on Union.