128 - 130 W 2nd Street

Retail-Commercial for Sale
Catylist Listing ID: 30673322
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 4,637 SF
Gross Building Area: See Agent
Gross Land Area: 5,400 SF
Sale Price: $215,000
Unit Price: $46.37 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/28/2020

Overview / Comments

Excellent investment opportunity in downtown Byron. 2 retail storefronts and upstairs residential apartment. 128 W. 2nd Street - renovated storefront retail property with full basement and office, rented at $1000/month. 130 W 2nd Street - renovated storefront retail space with full basement and shared space, rented at $750/month. Upstairs apartment is currently rented at $600/month. Exterior painted in 2018, newer roof, 2019 taxes $5886.

Additional Details

Nearest MSA: Rochelle
County: Ogle
Taxing Authority: Ogle County
Tax ID/APN: 05-32-152-002 & 05-32-152-003
Zoning: GENERAL BUSINESS
Retail Clientele: General
Property Visibility: Excellent
Feet of Frontage: 45
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 4,637 SF
Property Condition: Good
Year Built: 1960
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Street parking
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: General Business
Lot Frontage: 45
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,599 9,203 12,122
Median Age: 35.72 39.73 40.46
Households: 1,386 3,362 4,480
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