Contact us: 563.441.1776
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 Highlights
Property Type: Multi Unit - Multiple
General Information
County: Ogle
Listed By:
RE/MAX of Rock Valley
815-732-9100
MRED MLS
MLS ID: 12785596
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216 N Union Street , Byron, IL 61010.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $250,000 | $250,000 | $250,000 |
| Down Payment | $50,000 | $8,750 | $62,500 |
| Monthly Mortgage Amount | $1,331 | $1,633 | $1,620 |
| Taxes | $348 | $348 | $348 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $110 | $0 |
| Monthly Estimated Total | $1,779 | $2,191 | $2,068 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/18/2026. The listing information on this page last changed on 10/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 10/18/2026 1:20:35 AM EST) or MRED MLS (last updated Sun 10/18/2026 1:12:29 AM EST) or SCWMLS (last updated Sat 10/17/2026 11:55:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 10/17/2026 10:21:07 PM EST) or Cedar Rapids MLS (last updated Sat 10/17/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Sun 10/18/2026 1:18:42 AM EST) or ICAAR MLS (last updated Sat 10/17/2026 11:37:29 PM EST) or ECIMLS (last updated Sat 10/17/2026 11:44:34 PM EST) or RMLSA (last updated Sun 10/18/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sun 10/18/2026 1:15:10 AM EST) or No Coast MLS (last updated Sun 10/18/2026 12:44:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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