Great investment opportunity in Byron! This all brick 4 unit property sits on a large lot and features four 2 bedroom, 1 bath units. Three units are currently occupied by long-term tenants on month to month leases, while the fourth has been recently updated and is vacant giving the new owner the opportunity to set the rent and select their own tenant. Each unit offers a living room, eat in kitchen, two bedrooms, full bath, laundry hookups, and a mechanical/storage room. Sliding patio doors lead to individual patio areas, and there is plenty of off street parking. Multi family properties in Byron are in high demand, move quickly and take advantage of the opportunity to set rents and add this solid property to your investment portfolio!
For sale
$399,000
416 E 2nd St, Byron, IL 61010
8beds
4baths
3,200sqft
3 - 4 Units
Built in 1970
-- sqft lot
$378,900 Zestimate®
$125/sqft
$-- HOA
What's special
Sliding patio doorsEat in kitchenIndividual patio areasTwo bedroomsLarge lotLaundry hookups
- 24 days
- 841
- 54
Zillow last checked:
Listing updated:
Listed by:
Rebecca Hazzard 815-509-8432,
Re/Max Of Rock Valley
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202606198
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Oven, Electric Water Heater
- Laundry: In Unit
Features
- Has basement: No
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
- Finished area above ground: 3,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 0532178005
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 - 4 Units
Materials
- Brick/Stone
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1970
Utilities & green energy
- Electric: Fuses
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & HOA
Community
- Subdivision: IL
Location
- Region: Byron
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $185,487
- Annual tax amount: $5,629
- Price range: $399K - $399K
- Date on market: 9/30/2026
- Cumulative days on market: 25 days
Estimated market value
$378,900
$360,000 - $398,000
$1,418/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Listed for sale | $399,000$125/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202606198 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,271 +6.4% | $61,829 +5.2% |
| 2023 | $4,956 +6% | $58,778 +7.8% |
| 2022 | $4,674 +1.4% | $54,510 +4.5% |
| 2021 | $4,609 +8.4% | $52,183 +2% |
| 2020 | $4,251 -0.4% | $51,160 +6% |
| 2018 | $4,267 +1.1% | $48,270 |
| 2017 | $4,222 +8.6% | $48,270 +1.9% |
| 2016 | $3,888 +2.8% | $47,384 +3.3% |
| 2015 | $3,782 +1.3% | $45,871 |
| 2014 | $3,733 -2.9% | $45,871 -1.3% |
| 2013 | $3,843 | $46,461 -3.8% |
| 2012 | -- | $48,317 -4.1% |
| 2011 | -- | $50,382 -2.5% |
| 2010 | -- | $51,690 |
| 2009 | -- | $51,690 |
| 2008 | $4,001 -0.5% | $51,690 +2.6% |
| 2007 | $4,022 | $50,380 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61010
Nearby schools
Schools provided by the listing agent
- Elementary: Byron 226
- Middle: Byron 226
- High: Byron 226
- District: Byron 226
Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $399,0005 bd2 ba3k sqft1140 E Flagg Rd, Oregon, IL 61061Active
MLS ID #12787308, Misael Chacon, Beycome Brokerage Realty LLC. MRED as distributed by MLS GRID - $398,0005 bd3 ba3.3k sqft3025 E State St, Rockford, IL 61108For Sale
MLS ID #202604189, Sandra McTernan. NorthWest Illinois Alliance of REALTORS® - $360,0007 bd6 ba4.7k sqft517 Palm St, Rockford, IL 61103For Sale
MLS ID #202606534, Lindsay Moore. NorthWest Illinois Alliance of REALTORS® - $449,9006 bd2 ba3.8k sqft748 Joslyn St, Rockford, IL 61107For Sale
MLS ID #202606455, Colin Schindler. NorthWest Illinois Alliance of REALTORS®
