216 N UNION ST, Byron, IL 61010
216 N UNION ST, Byron, IL 61010
216 N UNION ST, Byron, IL 61010
216 N UNION ST, Byron, IL 61010
216 N UNION ST, Byron, IL 61010
216 N UNION ST, Byron, IL 61010
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Brad Myers

Brad Myers

+1(847) 361-3728
$ 250,000
Est. payment | /mo

1,818 SqFt

Save
$ 250,000
Est. payment | /mo
Save

1,818 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,818 sqft

Price per Sqft $137

MLS Listing ID 12669196

Year Built 1990

Annual Tax Amount $5,260

Tax Year 2025

Lot Dimensions 22X105

Property Sub-Type Mixed Use

Property Description

Formerly known as Spanky's Bar, this iconic Downtown Byron property presents a rare opportunity to reimagine a well known local landmark and create something truly special. Whether you're an entrepreneur, investor, or business owner, this approximately 4,000-square foot building offers the flexibility and potential to bring your vision to life. The current concept for the property includes transforming the main floor into a modern bar and kitchen space while utilizing the second floor as a private event or party room. There is also potential to create an apartment, short term rental, or Airbnb on the upper level, providing an additional income stream and maximizing the property's value. The building offers two floors ready for renovation and customization, making it an ideal blank canvas for a restaurant, bar, retail business, entertainment venue, mixed use development, or countless other possibilities. A newer partial basement with a poured concrete foundation provides ample storage space and functionality. An additional bonus is the existing liquor license attached to the property, which may be transferable to the new owner, helping accelerate plans for a hospitality focused business. TIF (Tax Increment Financing) funds from the City of Byron may also be available to assist with redevelopment and improvements, creating even more opportunity for a successful project. Opportunities like this in Downtown Byron don't come around often. Take advantage of a highly visible location, a recognizable building with local history, and endless possibilities for redevelopment. Make your dream a reality and turn this Downtown Byron landmark into the next great destination for the community.

Location

State IL

County Ogle

Area Byron

Zoning COMMR

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

Roof Type Metal

Building

Dwelling Type Mixed Use

Water Municipal Water

Structure Type Wood,Vinyl Siding

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rebecca Hazzard of  RE/MAX of Rock Valley 
Brad Myers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(847) 361-3728

bradmyers@beyondhorizonsteam.com

3826 Trillium Trail, Elgin, Illinois 60124, Elgin, Illinois, 60124, USA

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216 N UNION ST