Flex Property with Retail, Industrial,
For Sale
Contact for pricing
1210 US Hwy 34, Oswego, IL
Flex property with retail, industrial, and office space available.
Property Size13,892 SF
Lot Size1.27 Acres
Price / SF$118.41
Days on Market1366
Property Features for 1210 US Hwy 34
General Information
Standard status
Active
Size
13,892 SF
Lot size
1.27 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
CRE Advising
(312) 448-6401
Listed By:
Steve Horvath · License #475128970
(630) 430-4300
Source:
Moodyscre
Added: Feb 1, 2023
Changed: Oct 25
Last Checked: Oct 28 at 11:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRE Advising
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Investment Insights
Based on property information with market context.
This flex property features retail, industrial, and office space, offering a versatile environment. The site includes office space, warehouse space, and outdoor storage, complemented by 8 surface parking spaces. The property is zoned B2 for general business. The site benefits from high traffic counts, with approximately 46,300 AADT. The Village of Oswego is open to annexation and rezoning to B3. The property offers a perfect site for big box, multiple mid-box, and outlot opportunities. The property has well and septic.
Key Highlights
- High traffic count: approximately 46,300 AADT
- B2 General Business Zoning (with potential for annexation and rezoning to B3)
- Flex property offering retail, industrial, and office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,283
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,925,660
$2.9M
Cap Rate 7%
$2,089,757
$2.1M
Cap Rate 9%
$1,625,367
$1.6M
Market Conditions
NOI Build-Up for 13,892 SF
Gross rent
$250.1K $18.00/SF
− Vacancy
−$25.0K −$1.80/SF
EGI
$225.1K $16.20/SF
− OpEx
−$78.8K −$5.67/SF
NOI
$146.3K $10.53/SF
Area
Kendall County, IL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,925,660
Cap Rate 7%
$2,089,757
Cap Rate 9%
$1,625,367
Alternative Uses
Best Use
Retail
$2.75M
$2.41M – $3.21M
NOI $192,823 @ 7.0% cap · market cap 11.72%
Second Best
Office B
$2.74M
$2.39M – $3.19M
NOI $191,548 @ 7.0% cap · market cap 11.64%
Theoretical Best
Office A
$4.80M
$4.20M – $5.60M
NOI $335,739 @ 7.0% cap · market cap 20.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flex property with retail, industrial, and office space available.
Where is this flex space located?
The property is located at 1210 US Hwy 34 Oswego, IL.
What is the asking price?
The asking price for this property is $1,645,000.
What are key features of this property?
This property features: High traffic count: approximately 46,300 AADT; B2 General Business Zoning (with potential for annexation and rezoning to B3); Flex property offering retail, industrial, and office space
