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 Market1275
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
(630) 430-4300
Listed By:
Steve Horvath · License #475128970
Source:
Moodyscre
Added: Feb 1, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:53AM
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
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 For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $250.1k | $18.00 |
| − Vacancy | −$25.0k | −$1.80 |
| EGI | $225.1k | $16.20 |
| − OpEx | −$78.8k | −$5.67 |
| NOI | $146.3k | $10.53 |
13,892 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
