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Property profile & analytics
OFF-MARKET Estimated value $385,000
Commercial real estate

121 Main St Oswego, IL 60543-8593

4,940 SF 0.21 ac lot Built 2022
Entity Owned 6-yr Hold Free & Clear
Property ID
US28-2333624
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2022
Construction FRAME
Total area 4,940 SF
Lot 0.21 ac (9,240 SF)
APN 03-17-309-010
UPID US28-2333624
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kwok Cafe Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$618k
Blend (final) Blend
$385k
Owner & transaction history
Imperial Inves LLC · 6 yrs held
Imperial Inves LLC
since 2019
3 recorded transactions
2019
$290,000
2010
$190,000
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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