Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    3000-3070 Us Highway 34 Oswego, IL 60543

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in community center with national retailers.

    Property size:
    4,200 SF
    Lot size:
    24.14 Acres

    Property Features for 3000-3070 Us Highway 34

    General Information

    Size
    4,200 SF
    Lot size
    24.14 Acres

    We can help!

    Listing Contact
    Brendan Reedy
    Brendan Reedy
    Source: Moodyscre

    Listing Agent: Brendan Reedy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Oswego Trade Area

    This retail space is located within a community center in the Oswego regional trade area, which encompasses over one million square feet of retail. The center is primarily occupied by national retailers. Situated in a rapidly growing county, the property is surrounded by affluent neighborhoods. Traffic counts near the property are significant, with IL Route 34 recording 23,600 vehicles per day (VPD) and Douglas Road recording 16,100 VPD. The property offers 4,200 square feet of space and is located at 3000-3070 US Hwy 34, Oswego, IL.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.31634
    Latitude
    41.696826

    Nearby Similar for Lease

    • Contact for pricing

      Oswego Office Space For Rent

      Private second-floor office space in central Oswego location.
      44 Monroe St, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Retail/Office Space Available

      Thriving retail center space, built-out offices, potential retail conversion.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Suite in Oswego

      Move-in ready office suite in a high-visibility Oswego location.
      1 E Merchants Dr, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Commercial Office Space Available

      Private offices for rent in prime Oswego location.
      2015 Rte 34, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Office Suite For Rent

      Large second-floor office suite in prime Oswego location.
      2015 Rte 34, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Individual office suites with shared amenities in Oswego, Illinois.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Individual office suites with shared amenities in Oswego, Illinois.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Individual office suites with shared amenities in Oswego, Illinois.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Space Available

      Well-maintained Oswego office space with excellent access and amenities.
      1 E Merchants Dr, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Individual office suites with shared amenities in Oswego, Illinois.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Suites in Oswego

      Individual office suites with shared amenities, utilities included.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Professional Office Suites

      Individual office suites with shared amenities available for lease.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details

    FAQs

    What type of property is this?
    Shopping mall - Retail space in community center with national retailers.
    Where is this shopping mall located?
    The property is located at 3000-3070 Us Highway 34 Oswego, IL.
    What are key features of this property?
    This property features: - Located in the Oswego regional trade area with over one million square feet of retail.; - Comprised almost entirely of national retailers.; - Surrounded by affluent neighborhoods.
    (630) 954-7327
    Request Owner's contact information
    3000-3070 Us Highway 34 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.
    3000-3070 Us Highway 34
    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
    3000-3070 Us Highway 34 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
    Brendan Reedy
    Brendan Reedy
    (630) 954-7327
    Learn more
    Google sign-in failed. Please try again or use another login method.