216 N Union Street

Retail-Commercial for Sale
Catylist Listing ID: 30210277
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 1,818 SF
Gross Building Area: See Agent
Sale Price: $179,900
Unit Price: $98.95 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/16/2018

Overview / Comments

Longstanding bar/restaurant, with second floor apartment for sale in the downtown Byron district. Turn-key business, or bring your own ideas to this amazing location. The bar and kitchen have been a staple in the Byron community for approximately 25 years. Upgrades include: Kitchen appliances 6 years, furnace & a/c 2 years, walk in cooler compressor 1 year, siding & steel roof 6 years. Apartment - 1 bed & 1 bath, approx 700 sq ft, separate furnace from bar area. This is your chance to own a thriving business in downtown Byron! Contact Boone Lockard today at 815-970-3506

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $3,709 (Annual)

Additional Details

Nearest MSA: Rochelle
County: Ogle
Taxing Authority: BYRON
Tax ID/APN: 1532112007
Zoning: BUSINESS
Retail Clientele: General, Business, Tourist, Other
Property Visibility: Good
Largest Nearby Street: ILLINOIS ROUTE 2
Feet of Frontage: 22
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Roof Type: Other
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: STREET & OFF STREET PARKING
Heat Type: Natural Gas
Air Conditioning: Other
Lot Frontage: 22
Lot Depth: 105
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PER TITLE

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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

Contact

Photograph of Listing Agent

Rebecca Hazzard

RE/MAX of Rock Valley
ICEx Member
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