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27 S Main St

14,377 SF 100% Leased Retail Building Oswego, IL 60543 £1,720,608 (£120/SF)

Investment Highlights

  • Prime Location
  • Ample Parking
  • Excellent Condition
  • Long-Term Stability
  • Vibrant Community
  • Ideal Investment

Executive Summary

Situated on a highly visible corner in the heart of Downtown Oswego, this prime commercial property offers excellent exposure and accessibility. A single tenant operates a local favorite coffee shop, leaving 12,900 SF of prime retail space available for your business vision. This presents a great opportunity to establish your business in a vibrant and growing area. The property also boasts one of the largest private parking areas in downtown, ensuring convenience for both tenants and customers.
Adjacent to numerous thriving businesses, the property bene?ts from high foot traffic and a bustling downtown atmosphere, further enhanced by the many festivals and events held in the area. Both the property and buildings are in excellent shape and require minimal maintenance. This makes it an ideal investment, offering a perfect blend of location, stability, and potential for growth.
The property was recently appraised at $2,900,000 and is now listed at a significantly lower price!! Don't miss out on this exceptional investment opportunity to be part of the Downtown Oswego culture!
**Appraisal is located under Other Documents**

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £153,335 £11.50
Other Income - -
Vacancy Loss - -
Effective Gross Income £153,335 £11.50
Taxes £22,119 £1.66
Operating Expenses £8,792 £0.66
Total Expenses £30,911 £2.32
Net Operating Income £122,424 £9.18

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £153,335
Annual Per SF £11.50
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £153,335
Annual Per SF £11.50
Taxes
Annual £22,119
Annual Per SF £1.66
Operating Expenses
Annual £8,792
Annual Per SF £0.66
Total Expenses
Annual £30,911
Annual Per SF £2.32
Net Operating Income
Annual £122,424
Annual Per SF £9.18

Property Facts

Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,377 SF
Building Class
C
Year Built/Renovated
1940/2019
Price
£1,720,608
Price Per SF
£120
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.54
Land Acres
0.61 AC
Zoning
B2 - Retail
Parking
40 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
191 ft on S Main St

Amenities

  • 24 Hour Access
  • Atrium
  • Corner Lot
  • Roof Lights
  • Air Conditioning
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-17-313-003
  • 03-17-313-004
  • 03-17-313-005
Land Assessment
£44,802
Improvements Assessment
£115,499
Total Assessment
£160,301
Annual Taxes
£22,119 (£1.54/sf)
Tax Year
2023
  • Listing ID: 33361994

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: 27 S Main St, Oswego, IL 60543

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