216 N UNION Street — Byron, IL 61010
Active
Byron, IL 61010

216 N UNION Street

$299,000
0 beds · 0 baths
Listed at $299,000 7 days on market $5,260/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$299,000
List price
Square feet
Bedrooms
Bathrooms
1990
Year built
Lot size
Garage spaces
$5,260
Annual taxes
Mixed Use
Style
7
Days on market
04Features
Cooling
None
Construction
WoodVinyl Siding
05Neighborhood
  • McDonald's 450 ft
  • NeonTap & Grill 550 ft
  • Costa's Pizzeria & Ristorante 550 ft
  • Weezy's Sports Bar & Grill 650 ft
  • Bub's 650 ft
  • Sunrise Restaurant 800 ft
  • Mobil Mart 200 ft
  • Circle K 500 ft
  • Country Market 800 ft
  • Felker Fine Foods 0.3 mi
  • Casey's General Store 0.4 mi
  • Sunshine Park 750 ft
  • Riverside Park 0.6 mi
  • Sweetbean Cafe & Bakery 0.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 5, 2026
Listed for saleThis listing
RE/MAX of Rock Valley
$299,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by RE/MAX of Rock Valley · Rebecca Hazzard · 815-509-8432
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12669196
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