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    254 Madison St Oswego, IL 60543

    Sponsored
    For Sale
    $375,000

    Spacious building, ample land, R-3 zoning.

    Property size:
    5,371 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This impressive 5,371 square foot building, formerly Cornerstone Christian Church, presents a unique redevelopment opportunity. Located at 254 S Madison Street in Oswego, IL, this property sits on a 0.9-acre lot and offers significant versatility. The main space, previously used as a sanctuary, is a large open area ideal for various uses. A fully equipped kitchen, two and a half bathrooms, and multiple classrooms/offices provide ample functional space. Street parking is readily available. The property is zoned R-3, allowing for a range of potential uses subject to local ordinances. This listing includes the building and the 0.9-acre lot. Note that additional land and a separate home are available for purchase through a separate MLS listing (#12273085). Please inquire for details and pricing on those additional properties. New parcel tax ID numbers will be assigned by Kendall County upon sale. This is a prime opportunity for an investor or developer seeking a substantial property in a desirable location. The existing infrastructure offers a solid foundation for a variety of commercial or residential projects. Detailed information is available in the document library.

    Property Features for 254 Madison St

    General Information

    Property type
    Specialty properties
    Square Feet
    5,371 SF
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1936
    Property Profile Location Intelligence

    Current Use by Public Records

    Cornerstone Christian Church Christian Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.35337
    Latitude
    41.68017

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    FAQs

    What type of property is this?
    Specialty property - Spacious building, ample land, R-3 zoning.
    Where is this specialty property located?
    The property is located at 254 Madison St Oswego, IL.
    What is the asking price?
    The asking price for this property is $375,000.
    (630) 896-3100
    Request Owner's contact information
    254 Madison St Oswego, IL 60543
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    Oswego, IL 60543
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    Realmo Value Estimation

    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.

    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.

    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
    254 Madison St Oswego, IL 60543
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