Property profile

254 Madison St Oswego, IL 60543

OFF-MARKET
Schools
Property ID
US28-2847329
5,371 SF 0.9 ac lot Built 1936
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Property summary

AI-generated overview

This impressive 5,371 square foot building, formerly Cornerstone Christian Church, presents a unique redevelopment opportunity. Located at 254 S Madison Street in Oswego, IL, this property sits on a 0.9-acre lot and offers significant versatility. The main space, previously used as a sanctuary, is a large open area ideal for various uses. A fully equipped kitchen, two and a half bathrooms, and multiple classrooms/offices provide ample functional space. Street parking is readily available. The property is zoned R-3, allowing for a range of potential uses subject to local ordinances. This listing includes the building and the 0.9-acre lot. Note that additional land and a separate home are available for purchase through a separate MLS listing (#12273085). Please inquire for details and pricing on those additional properties. New parcel tax ID numbers will be assigned by Kendall County upon sale. This is a prime opportunity for an investor or developer seeking a substantial property in a desirable location. The existing infrastructure offers a solid foundation for a variety of commercial or residential projects. Detailed information is available in the document library.

Property profile

Verified
Property type Schools
Year built 1936
Total area 5,371 SF
Lot 0.9 ac (39,204 SF)
UPID US28-2847329

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

254 Madison St Oswego, IL 60543
Oswego metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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