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    121 Main St Oswego, IL 60543

    For Lease
    $35 SF/Yr ($12,516 /Mo)

    Fully equipped, 4200 sq ft restaurant. Immediate operation.

    Lot size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional turnkey restaurant opportunity is located at 121 Main St, Oswego, IL 60543, in the Western East/West Corr Submarket. The property, situated on 0.21 acres, offers 4,200 square feet of space within a building constructed just two years ago. The zoning is B-2. The Kendall County property (APN 03-17-309-010) features a fully equipped kitchen with a new hood system, HVAC, and a cooler/freezer combination. Included in the sale are all existing ice cream machines, state-of-the-art kitchen equipment, furniture, decor, and a dedicated party room. This is a truly turnkey operation, ready for immediate use. The previous tenant, "The Dairy Barn," operated successfully, demonstrating the location's viability for a variety of concepts, including breakfast, ice cream, or fast-casual dining. This presents a unique chance for an entrepreneur to establish their culinary vision in a well-equipped, modern space. The property's recent construction ensures minimal maintenance needs, allowing the new owner to focus on business operations. This is an exceptional opportunity to acquire a fully operational restaurant with significant existing assets.

    Property Features for 121 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,200 SF
    Total Rate
    12516

    Unit(s) available at that property

    Space
    Size
    4,200 SF
    Rate per SF
    $35

    HighLights

    • Turnkey restaurant opportunity in downtown Oswego, IL.
    • 4,200 SF building on 0.21 acres, built in 2020.
    • High foot traffic location.
    • Includes all equipment, furniture, and fixtures; fully equipped kitchen.
    • B‑2 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kwok Cafe Cake Shop

    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
    -88.353492
    Latitude
    41.6831178

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped, 4200 sq ft restaurant. Immediate operation.
    Where is this restaurant located?
    The property is located at 121 Main St Oswego, IL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Turnkey restaurant opportunity in downtown Oswego, IL.; 4,200 SF building on 0.21 acres, built in 2020.; High foot traffic location.
    Request Owner's contact information
    121 Main St 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
    121 Main St Oswego, IL 60543
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