27 S Main St
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27 S Main St
14,377 SF 100% Leased Retail Building Oswego, IL 60543 $2,199,000 ($153/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**
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 |
$195,968
|
$14.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$195,968
|
$14.70
|
| Taxes |
$28,269
|
$2.12
|
| Operating Expenses |
$11,236
|
$0.84
|
| Total Expenses |
$39,505
|
$2.96
|
| Net Operating Income |
$156,463
|
$11.73
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $195,968 |
| Annual Per SF | $14.70 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $195,968 |
| Annual Per SF | $14.70 |
| Taxes | |
|---|---|
| Annual | $28,269 |
| Annual Per SF | $2.12 |
| Operating Expenses | |
|---|---|
| Annual | $11,236 |
| Annual Per SF | $0.84 |
| Total Expenses | |
|---|---|
| Annual | $39,505 |
| Annual Per SF | $2.96 |
| Net Operating Income | |
|---|---|
| Annual | $156,463 |
| Annual Per SF | $11.73 |
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
14,377 SF
Building Class
C
Year Built/Renovated
1940/2019
Price
$2,199,000
Price Per SF
$153
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
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
- Skylights
- Air Conditioning
Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $204,871 | |
| Land Assessment | $57,259 | Annual Taxes | $28,269 ($1.97/SF) |
| Improvements Assessment | $147,612 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$57,259
Improvements Assessment
$147,612
Total Assessment
$204,871
Annual Taxes
$28,269 ($1.97/SF)
Tax Year
2023
-
Jason Pesola -
Integra Commercial
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