Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    61 S Madison St Oswego, IL 60543

    Sponsored
    For Sale
    $290,000

    COMMERCIAL - Oswego, IL

    Type:Retail
    Property size:
    1,700 SF
    Lot size:
    0.13 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 26 at 2:06 am

    Property Features for 61 S Madison St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    0317336012
    Size
    1,700 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1865
    Floors in Building
    2

    We can help!

    Listing Contact
    Chip Haines
    Chip Haines

    Remax of Naperville (630) 420-1220

    Listing agent Chip Haines (630) 708-0008

    Listing date Jan 14, 2026

    MLS# 12478398

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Oswego Retail Opportunity

    Located in the heart of downtown Oswego's business and shopping district, this two-story commercial building offers approximately 1700 square feet of usable space. The property benefits from high visibility, with substantial daily traffic. The building has been gutted by the current owner and is ready for updated electric and plumbing systems. The property, situated on a 0.13-acre lot, is suitable for a variety of uses, including retail space, an office, or other entrepreneurial ventures. Located at 61 S Madison Street, Oswego, IL 60543, in Kendall County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Quality Home ... Roofing Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.3513105
    Latitude
    41.6835824

    Nearby Similar for Sale

    • $2,150,000
      14.74 Acres

      Rare Riverfront Commercial Opportunity

      14.5-acre property with river frontage, private lake, and 12,000-SF building.
      1626 State Route 31, Oswego, IL 60543
      View Details
    • $550,000
      0.24 Acres

      Oswego Commercial Investment Opportunity

      All-brick building in downtown Oswego, leased to a government entity.
      26 S Madison St, Oswego, IL 60543
      View Details
    • $950,000
      1.49 Acres

      Oswego Commercial Investment Opportunity

      Two buildings on 1.49 acres with high traffic visibility.
      4025 Rte 34, Oswego, IL 60543
      View Details
    • Contact for pricing
      6,907 SF

      Retail Strip Center For Sale

      Fully occupied retail strip center with long-term net leases.
      2830 Us Highway 34, Oswego, IL 60543
      View Details
    • $342,000

      Spacious Townhome in Churchill Club

      End-unit townhome with modern kitchen, flexible space, and community amenities.
      381 Chesapeake Ln, Oswego, IL 60543
      View Details
    • $310,000
      1,600 SF

      Stylish Townhome in Southbury Community

      Well-maintained 2-bedroom townhome with modern amenities and community features.
      205 Lakeshore Dr, Oswego, IL 60543
      View Details
    • $2,500,000
      14,000 SF

      Automotive Service Hub For Sale

      Rare opportunity: Auto repair, oil lube, and car wash.
      23 W Merchants Dr, Oswego, IL 60543
      View Details
    • $1,447,686

      Industrial Building in Kendall Point

      Multi-purpose 13,000 SF industrial building in Kendall Point Business Park.
      172 Kirkland Cir, Oswego, IL 60543
      View Details
    • $1,645,000
      13,892 SF

      Flex Property with Retail, Industrial, Office

      Flex property with retail, industrial, and office space available.
      1210 Us Highway 34, Oswego, IL 60543
      View Details
    • $1,550,000

      Stand-Alone Industrial Building on 1.19 Acres

      10,360 SF industrial building with updated office and warehouse space.
      90 Templeton Dr, Oswego, IL 60543
      View Details
    • $999,000
      4,863 SF

      Retail Property on Busy Highway

      Retail property with high traffic volume on Route 34.
      4025 Us Highway 34, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Community Center For Sale

      Community center in a large Oswego retail trade area.
      1720 Douglas Rd, Oswego, IL 60543
      View Details

    FAQs

    What type of property is this?
    Retail space - Two-story retail space in downtown Oswego's business district.
    Where is this retail space located?
    The property is located at 61 S Madison St Oswego, IL.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Prime downtown Oswego location with HIGH TRAFFIC EXPOSURE.; - Versatile 1700 SF two-story building suitable for various business types.; - Gutted interior READY FOR CUSTOMIZED BUILD-OUT.
    (630) 708-0008
    Request Owner's contact information
    61 S Madison St Oswego, IL 60543
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    61 S Madison St
    Oswego, IL 60543
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    61 S Madison St Oswego, IL 60543
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chip Haines
    Chip Haines
    Real Estate License ID: 475118115
    (630) 708-0008
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.