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Two-Story Retail Building

61 S Madison Street, Oswego, IL 60543

For Sale
New
$220,000

Commercial Sale, Oswego, IL

Property Size1,700 SF
Lot Size0.13 Acres
Price / SF$129.41
Days on Market6

Property Features for 61 S Madison Street

General Information

Property type Commercial Sale
Property subtype Retail
Directions Take Rt. 34 west of Rt 71 to 61 S. Madison on the right
Subdivision Oswego
Standard status Active
APN 0317336012
Lot size 0.13 Acres

Additional Details

Condition Needs Renovation

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3275

Building Details

Year built 1865
Floors in Building 2
Buildings 1
Listing Agency: RE/MAX of Naperville · RE/MAX International
Listed By: Chip Haines · License IL #475118115
Added: Nov 4 Last Checked: Nov 9 at 4:06PM
MLS# 12801223

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-story retail property at 61 S Madison Street contains nearly 1,700 square feet of usable space. The interior has been gutted, and electrical and plumbing updates are needed. The building dates to 1865 and occupies a 0.1275-acre parcel.

The property is in downtown Oswego’s business and shopping district. The location is described as having thousands of cars pass daily.

Key Highlights

  • Nearly 1,700 SF of usable space across two stories
  • Gutted interior; electrical and plumbing updates needed
  • 0.1275‑acre parcel at 61 S Madison Street in downtown Oswego

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

American Quality Home ... Roofing Company

Suggested Use

Top Pick Law Firm Parking Lot & Garage Restaurant Auto Parts Store Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

Demographics for 60543, IL

40,299
Population
14,327
Households
2.8
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
41.9 sq mi
ZIP Area
962
Density / Sq Mi
$116,507
Median Household Income
$54,783
Median Earnings
$1,558
Median Rent
$319,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A gutted interior leaves the building ready for updated electrical and plumbing systems.
Where is this retail space located?
The property is located at 61 S Madison Street Oswego, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Nearly 1,700 SF of usable space across two stories; Gutted interior; electrical and plumbing updates needed; 0.1275‑acre parcel at 61 S Madison Street in downtown Oswego
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