Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    113 Main St Oswego, IL 60543-1264

    • Commercial real estate
    • 19,059 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimations
    $2,940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-1900712
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 113 Main / Restaurant
    • Graceful Therapy, PLLC - Oswego / Emdr Psychotherapist / Marriage Or Relationship Counselor
    • Chicago Heating Masters / Air Conditioning Contractor / Heating Equipment Supplier
    • AlphaFeature Group, LLC / Barber Shop

    Property Details for 113 Main St

    Year built
    2021
    Lot size
    0.21 lot acres
    Property size
    19,059 SF
    Property type
    Commercial real estate
    APN
    03-17-309-009
    APU
    317309009

    Description

    This exceptional Class A office building, constructed and renovated in 2021, offers a unique opportunity to establish your business in the heart of historic downtown Oswego, Illinois. Located at 113 Main Street, this three-story building boasts 19,059 square feet of total space, divided into four suites. The available spaces range from 156 to 238 square feet, perfect for small businesses or individual professionals seeking a modern and stylish workspace. The building features a 12-foot ceiling height, adding to the spacious feel. Conveniently located near US Route 34, this property offers easy access to major transportation routes. Enjoy the benefits of a prime location, with easy walking distance to a variety of amenities including restaurants, shops, and services. The building includes one elevator for convenient access to all three floors. The property sits on 0.21 acres of land and is zoned B-2. The first and second floors are currently fully leased, with select third-floor spaces offering scenic views. This is an ideal location for businesses seeking a blend of modern amenities and historic charm. The APN is 03-17-309-009, and the property is located in Kendall County. Don't miss this chance to secure your space in this highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,770,000
      Market price range: $657k - $2.38M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.3533
    Latitude
    41.6833
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $62,521
    $39,660
    $674,180
    $713,840
    -
    $118,980
    $2,022,542
    $2,141,522

    Comparable in this City

    • Value Estimation by Request
      0.73 Acres

      142 Kirkland Cir

      COMMERCIAL (GENERAL) • 0.73 Acres
      142 Kirkland Cir, Oswego, IL 60543
      View Details
    • Value Estimation by Request
      3.14 Acres

      Oswego, IL 60543

      COMMERCIAL (GENERAL) • 3.14 Acres
      Oswego, IL 60543
      View Details
    • Value Estimation by Request
      4,866 SF

      117 Madison St

      COMMERCIAL (GENERAL) • 4,866 SF
      117 Madison St, Oswego, IL 60543
      View Details
    • Value Estimation
      $725,000
      6,135 SF

      24 Stonehill Rd

      COMMERCIAL (GENERAL) • 6,135 SF
      24 Stonehill Rd, Oswego, IL 60543-2914
      View Details
    • Value Estimation by Request
      1,323 SF

      5498 Us Hwy 34

      COMMERCIAL (GENERAL) • 1,323 SF
      5498 Us Hwy 34, Oswego, IL 60543
      View Details
    • Value Estimation
      $6,315,000
      39,020 SF

      59 Adams St

      COMMERCIAL (GENERAL) • 39,020 SF
      59 Adams St, Oswego, IL 60543-8492
      View Details

    Similar Nearby for Sale

    • $215,000

      Oswego Commercial Land - $215K

      Prime 1-acre commercial lot, B-3 zoning.
      2071 Wiesbrook Dr, Oswego, IL 60543
      View Details
    • $5,279,472
      15.15 Acres

      Oswego Mixed-Use Development Land

      15-Acre Site, High-Traffic Location, Excellent NOI
      1210 Us Highway 34, Oswego, IL 60543
      View Details
    • $499,000
      0.43 Acres

      Downtown Oswego Commercial Land

      Prime .43-acre lot, ideal for various ventures.
      155 Madison St, Oswego, IL 60543
      View Details
    • $1,500,000
      2.00 Acres

      Oswego Retail Land - 2 Acres

      Prime Oswego retail site, high traffic.
      1268 Ogden Ave, Oswego, IL 60543
      View Details
    • $375,000
      5,371 SF

      Oswego Church/School - Huge Potential

      Spacious building, ample land, R-3 zoning.
      254 Madison St, Oswego, IL 60543
      View Details
    • $35,966

      Oswego Industrial Land Ready to Build

      Graded industrial land with utilities ready for development in Oswego.
      161 Kirkland Cir, Oswego, IL 60543
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,232 SF

      Meijer In-Store Retail Space

      1,232 SF Retail Space Available
      2700 Rte 34, Oswego, IL 60543
      View Details
    • Contact for pricing
      105,731 SF

      Oswego Retail Center - Prime Location

      High-traffic shopping center, multiple spaces available.
      2540 Us Highway 30, Oswego, IL 60543
      View Details
    • $1,400 /Mo

      Oswego One-Bedroom Apartment for Rent

      One-bedroom apartment near downtown Oswego, available September 1st.
      2500 Light Rd, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Retail/Office Space Available

      Thriving retail center space, built-out offices, potential retail conversion.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Individual office suites with shared amenities in Oswego, Illinois.
      4579 State Rte 71 Hwy, Oswego, IL 60543
      View Details
    • Contact for pricing
      4,888 SF

      Oswego Commons Retail Spaces Available

      Prime Oswego retail spaces, multiple sizes.
      2830 Us Highway 34, Oswego, IL 60543
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    113 Main St
    Oswego, IL 60543-1264
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.