Great things:
1. Low cost of living - The median home value in Byron is $162,500, which is well below the national median home value of $231,200.
2. Great location - Byron is located just 25 miles from Rockford, which gives residents access to a variety of amenities and attractions.

Not so good thing:
1. Limited job opportunities - Although Byron is close to Rockford, it does not have many job opportunities in the city itself.

Byron, Illinois is a small town located in Ogle County with a population of around 3000 people. Here are some potential pros and cons to consider when purchasing real estate in the town of Byron:

Pros:
- Quiet, small-town living with a tight-knit community.
- Byron is located in a scenic area of northern Illinois with plenty of outdoor recreation opportunities.
- The town has a strong school system, with highly-rated schools in the area.
- Home prices in Byron are relatively affordable compared to other areas of northern Illinois.

Cons:
- The town is small, which may not appeal to those looking for city amenities or a bustling nightlife.
- Job opportunities in Byron are limited, which could make it difficult to find work locally.
- The town is located in a relatively isolated area of northern Illinois, which could make travel to other areas of the state more difficult.
- Weather in the area can be harsh, with cold winters and hot, humid summers.

Overall, the decision of whether to purchase real estate in Byron will depend on personal preferences and priorities. If you are looking for a small-town lifestyle in a scenic area with good schools and affordable home prices, Byron could be a great option. However, those looking for city amenities or more job opportunities may want to consider other areas of northern Illinois.