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    228 E Washington St Oswego, IL 60543

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    For Lease
    $28 SF/Yr ($3,913 /Mo)

    Turnkey restaurant opportunity with equipped kitchen and functional bar.

    Property size:
    1,677 SF
    Lot size:
    0.22 Acres

    Property Features for 228 E Washington St

    General Information

    Size
    1,677 SF
    Lot size
    0.22 Acres

    Source: Caton Commercial Agent Bhavini Patel

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

    Overview

    Equipped Restaurant Space Available

    This property presents a turnkey opportunity for a new owner or operator. The 1,677 square-foot space includes a spacious commercial kitchen with large prep areas and a variety of existing appliances. The kitchen also features a hood and a brand new grease trap to be added, along with an upgraded electrical panel. A functional bar area is ready to serve customers, with fixtures already in place. The property is located on E Washington St, Oswego, IL and is suitable for restaurants, retail properties, and bars.
    Insight Report Location Intelligence

    Current Use by Public Records

    Danelli's Pizzeria & Italian ... Italian Restaurant

    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
    -88.3484138
    Latitude
    41.678196

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    FAQs

    What type of property is this?
    Turn key restaurant - Turnkey restaurant opportunity with equipped kitchen and functional bar.
    Where is this turn key restaurant located?
    The property is located at 228 E Washington St Oswego, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey Opportunity: Ready for immediate operation.; - Equipped Kitchen: Includes spacious prep areas, hood, and existing appliances.; - Established Bar: Functional bar area with existing fixtures.
    (847) 757-7359
    Request Owner's contact information
    228 E Washington 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
    228 E Washington St Oswego, IL 60543
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