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Property profile & analytics

228 E Washington St Oswego, IL 60543

  • Commercial real estate
  • 1,125 SF
For Lease
Last Sale
May 06, 2025
$275,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2851752
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

  • Danelli's Pizzeria & Italian Restaurant / Italian Restaurant

Property Details for 228 E Washington St

Year built
1978
Construction
FRAME
Property size
1,125 SF
Property type
Commercial real estate
APN
03-20-128-011
APU
320128011

Description

This exceptional 1,700 square foot retail property, located at 228 E Washington St, Oswego, IL 60543, presents a rare opportunity. Currently operating as a successful Italian restaurant and pizzeria with a 40+ year history and loyal customer base, this turnkey business is priced at $450,000, reflecting both property and business value. The sale includes the transfer of business assets via an asset purchase agreement. Situated on a 0.24-acre lot (APN: 03-20-128-011) with M-1 zoning, the single-story building boasts a 12-table dining room, bar, and a three-table front patio. A fully equipped kitchen features two pizza ovens. The property benefits from a strong demographic profile, with average household incomes exceeding $119,820 within a two-mile radius. This prime location in growing Oswego sits between the downtown area and Route 34, offering significant potential for continued growth under current ownership or with a new concept. Detailed equipment lists and financials are available to qualified buyers upon request. This is an ideal opportunity for an established restaurateur or a new business looking to capitalize on a thriving market.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Oswego
County
Kendall
State
Illinois
Longitude
-88.3484
Latitude
41.6783
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
$3,279
$16,055
$21,382
$37,437
-
$48,165
$64,146
$112,311
More about this property
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