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$240,000
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Property Description
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.
Full Property Details
Full Property Details for 521 N Walnut St
General
- Sold For: $240,000
- Taxes: $4,456 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12519704
- Added to Site: 57 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Byron
- County: Ogle
- Driving Directions: Rt 2 to N Walnut St
School Information
- School District: 226
- Midd School District: 226
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Crawl Space, Daylight
- Year Built: 1922
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 63 x 130
Financial Considerations
- Assessment Year: 1922
- Tax Amount: $4,456
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 5293550020000
Listed by Black Castle Properties
Sold by Non Member
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Schools
Schools serving 521 N Walnut St
School District:Byron Community Unit School District 226
| Name | Grades | Distance |
|---|---|---|
Mary Morgan Elementary School 420 North Colfax Street, Byron, IL 61010 | PK-5 | 1.1 mi |
Byron Middle School 325 North Colfax Street, Byron, IL 61010 | 6-8 | 0.3 mi |
Byron High School 9-12 696 North Colfax Street, Byron, IL 61010 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 521 N Walnut St
Date
Details
Price
Change
Source
1/06/2026
Sold
$240,000
-3.96%
MLS
11/18/2025
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
521 N Walnut Street, Byron, IL 61010 (MLS# 12519704) is a Multi-Family property that was sold at $240,000 on January 06, 2026. Want to learn more about 521 N Walnut Street? Do you have questions about finding other Multi-Family real estate for sale in Byron? You can browse all Byron real estate or contact a Coldwell Banker agent to request more information.

